Twg, I would agree with your post completely. Let's just say I have very educated reasons to support your statement. Most warrant holder will have made arrangements by now and we are likely seeing the last few make moves....I could see this trend in sp reverse very soon as we move from uncertanlinty in warrant excersise to poet q1 announcements (plural) anticipation....

We may have seen capitulation in sp today and form a V here...or very soon.

Massive buying opportunity IMO...could be the last stop on the milk run to greater levels. Time will tell.