Re: That was one sweet day of trading....
posted on
Aug 02, 2018 12:41PM
Thanks for suggesting warrants. I will ponder that. Is there any reason to prefer shares? Is there some black swan event that makes owning shares better than owning warrants?
I suppose it’s possibble that RVX gets bought out before expiry of the warrant, at a price equal to or less than the break even price of $2.05 + cost of warrant. In that scenario owning shares would have been better.