I know,,,, I took 12000 warrants this morning between .83 and .85 cents. This run up I have been swapping out my shares for warrants. My head tells me if we are longs we just as well take the 3:1 ratio. The premium is rediculous,,,,,,,,,,for another 3+ year hold,,,,,,!!!,,, What am i not seeing here??....the intrinsic value from where I sold and bought warrants this morning was .62 cents with a .17 premium,,,,,,,,,,I am scratching my head on it!!,,but Ill take it!!,,,,,jmo