2nd Chance Properties

[CityFarmer]

I think we are looking at different directions.

in your earlier post, you said that the 0.028 + 40 cents exercise price indicates that market is optimistic about prospects of the company.

my argument is that it is no necessary because the leverage premium itself could push the warrant above market price already.

I am not saying that people should buy the warrant to bet, that would be risky.

OK. i understand.

In simple term, i said in value investment point of view, the warrant does not seem attractive, and you said it may still attractive to "speculators" due to leverage, although you do not support speculation.