Warrant holders have until Friday July 17th to exercise their warrants. Aside from a declining gold bullion price, IMO, much of the weakness in VIT over the past three weeks can be attributed to investors selling VIT's stock to raise cash to exercise their warrants. For those of you who are not fully invested in this stock, the "warrant" event has provided you with a gift to increase your position size without driving up the price of VIT. IMO, that window of opportunity will soon close.