They are to start trading warrants on Monday. How much would you pay to be able to buy PNP at $6.50
In reality the warrants today have no value, in fact they are under buy over $2.
However, let me ask you this. Would you buy 10,000 warrants at 5 cents? $500. I might take the gamble. If the price goes back to $14.00 you would be able to buy/sell and earn 10,000 x $7.50 profit less your $500 investment and you will be up $74,500 less commish. All for a minimum investment.
My guess is that you won't be able to buy these warrants and that the big boys have already gobbled them up.
BB