I checked my Fidelity account and I noticed that my cost per share had fell from $4.21 to $3.81. Is that because of the value of the warrants? Must be, because nothing else has changed. Please enlighten me if any one can. Thanks
Warrants are posted in my account but with value given as "N/A" @ Fidelity as well. If there were a market it would be trading on time premium alone since intrinsic value kicks in at 8.5. $4.19 sounds a bit much. Have no idea if a market will develop .. plenty of time yet and this puppy is moving nicely.
I would say that $4.19 is a bad WAG (wild *** guess). You can buy Jan15 $7.50s for $1.85. I realize the warrants go further out into the future, but $4.19 is plain silly. I also understand they cannot be traded.