LogFAQs > #943112257

StartTheMachine posted...

Expiration is April 27, 2025 and strike price is 11.50. I have no desire to exercise them, the play is selling them back. 52 week high is 4.92 and that's when the stock (still as a blank check company) traded barely above 10.

In news not considering my stupidity: seriously, if anyone one here has Moonroof money, throw 100k at the warrants while they're cheap and don't be a dolt like me and sell/stop limit them when they hit 4+. They were trading at 4.52 when the stock was only at 10. Theoretically they could trade around 6 to 8 if the stock hits 20 as the AVCT discord seems to believe possible post ER, but at the very least 4 is more of a guarantee. And those discord guys are fucking smart.

I currently have 30,600 AVCTW shares and will sell whatever they hit post ER in hopes just to do it again. Massive potential for me to still make 100k+ trade. If I actually fucking sell this time. I should figure out a good trailing stop order maybe.

Please understand what you are doing here. You are essentially taking $20,000 and betting it on one spin at a fair roulette table. Yes, they got rid of the green spaces, so your odds are okay, but you are still making something that's very much like an all or nothing bet. Some big investor could come in tomorrow, decide AVCT is a great opportunity and undervalued and offer to buy out AVCT for $11.50 a share, and the shareholders would gladly take that deal, because they'd make more than 50% overnight. If that happened your warrants would go to ZERO.

Now I'm not saying that you won't make a fortune with this; I'm just saying it's super risky. There's a reason the warrants are so much cheaper than the stock, and that's because the company obviously has value, but the warrants don't unless the stock price goes up.


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