The other thing you might want to consider is the fact that if all those warrants are being cashed and sold at those prices and hasn't really driven the share price down only minimal, there is a huge demand for POET shares that is being filled with little damage. Soon the demand will be so great and the supply of shares so few (with warrant shares running out) that the share price has to ultimatey go "through the roof"..Seems like everyday the volume either beats or matches the day before.