as I understand from numbers being pushed around on this board that there are roughly 7,000,000 warrants remaining to be excised. Is it 'normal' to get rid of them ALL before a company makes headway or is this a special case? Ie: does APPL have warrant holdrs STILL ?
I understand about the "overhang efeect" of warrants but not so much their function. Could they be saved until later to prevent a more 'hostile " bid on the company if that ever came to pass?ie: some warrants are a GOOD thing?
please excuse my lack of knowledge on the warrant issue. from the trading today it looks like large blocks occationaly go through which could be short trades? or warrant selling, IMO. just thinking out loud as to when the downward pressure will stop...
thanks guys/gals!
G