I refer to the price action of the AUM warrants. Now, I know that the exercise price of the warrants is $19, and they expire in Feb 2014, so the price today is meaningless, but, this price drop is beyond stupid!
Here is the weeks action in the shares and the warrants -
C:AUM - GOLDEN MINERALS COMPANY
2012-08-17 T 4.80 4.62 4.72 +0.08 21100
2012-08-16 T 4.70 4.34 4.64 +0.27 43795
2012-08-15 T 4.37 4.23 4.37 +0.17 12558
2012-08-14 T 4.37 4.20 4.20 -0.05 25551
2012-08-13 T 4.43 4.22 4.25 -0.15 33061
C:AUM.WT - GOLDEN MINERALS COMPANY WTS
2012-08-17 T 1.12 1.10 1.12 -0.28 600
2012-08-16 T 1.40 1.40 1.40 0.00 0
2012-08-15 T 1.40 1.40 1.40 0.00 0
2012-08-14 T 1.40 1.40 1.40 0.00 0
2012-08-13 T 1.40 1.40 1.40 0.00 0
Does anyone have (a) a logical explanation for the pricing of the warrants, and/or
(b) how low they are likely to be manipulated down (and by whom)?
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