$NBAC Rights vs. warrants; I'm piling into the rights myself (NBACR). If stock goes to $15 post merger, the rights are worth $1.50 so nearly a triple from here. If stock is flat at $10. . . still nearly a double. If stock goes to $5. . . I'm still pretty much flat. Whereas buying the warrants here at $0.85. . . a full warrant costs $1.70. Your BREAKEVEN is $13.20 on the stock. A $15 stock gets you a double on the warrant from here. And stock at $11.50 or below. . . warrants have zero intrinsic value. I'm by no means bashing the warrants. . . just wondering why the rights aren't gaining more traction if people are bullish on this stock.
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