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Regenerx Biopharmaceuticals Inc. Message Board

  • snogreen snogreen Apr 26, 2014 7:13 AM Flag

    MM's shorting warrants now

    MM getting pretty confident. FINRA showed that they shorted 20,000 of the warrants on Friday. Most of the warrant trades were at 1 cent, 2 cents 3 cents… and 5 cents. Someone got lucky getting those warrants at 1 and 2 cents.

    So my guess is that after those prints the MM held it down……and offered warrants at 5 cents…..SHORT. Just a heads up to anyone out there that wants to play the warrants. You might want to check and see i f the MM is still willing to short the warrants at 5 cents next week.

    They'd be an incredible buy for 2 cents….not much risk left there. Maybe the MM who got them at 1, 2 and 3 cents will sell them at 5 cents. they are (as I recall) exercisable till mid June 2015 at 55 cents….the NHS soon news could punch us higher. A NICE approval to sell TB 4 would certainly get us above 55 cents. I figure at least $1.00. And if NHS approves it will take NICE a while to review….but they'd certainly have done by June 2015. Those warrants at a couple cents were a good buy. No real downside risk, and all possible upside.

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