$CCIV Warrants are ~$35. With the $11.50 exercise price the cost basis is ~$46.50, if we're all believing the merger is a go, how is loading up on warrants not the right move? I have 600 shares of stock ($14.40 position) if I want to go all in I could sell all shares then go but all warrants!? Convince me why it's a dumb move?
4
4
4 Likes