Purple crayon tastes best. $RUM may actually be more heavily shorted than $GME by now, and you can buy $RUM warrants that don't expire until 2027 or 2028, listed as $RUMBW. Price would have to be $11.50 higher than your warrant purchase price by then to breakeven off exercise.
Because Rumble came public via merger with "blank check shell company", the warrants can be "self-allocated" to yourself via open-market purchase of $RUMBW ticker. Normally, only insiders have access to warrants. Same thing with $DJTWW, warrants for $DJT that expire around 2027, I believe. You also have to pay $11.50 to convert each warrant to a share.
Warrant is effectively a long call option that gives you the right to convert it to a share, in these cases for the cost of however much you paid for the warrant plus the $11.50 conversion fee. So if $DJT is trading at $160 per share in 2027 and you paid $2 warrant+$11.50 conversion, your profit is $160-$13.50=$146.50 per share.
Purple crayon tastes best. $RUM may actually be more heavily shorted than $GME by now, and you can buy $RUM warrants that don't expire until 2027 or 2028, listed as $RUMBW. Price would have to be $11.50 higher than your warrant purchase price buy then to breakeven off exercise.
Because Rumble came public via merger with "blank check shell company", the warrants can be "self-allocated" to yourself via open-market purchase of $RUMBW ticker. Normally, only insiders have access to warrants. Same thing with $DJTWW, warrants for $DJT that expire around 2027, I believe. You also have to pay $11.50 to convert each warrant to a share.
Warrant is effectively a long call option that gives you the right to convert it to a share, in these cases for the cost of however much you paid for the warrant plus the $11.50 conversion fee. So if $DJT is trading at $160 per share in 2027 and you paid $2 warrant+$11.50 conversion, your profit is $160-$13.50=$146.50 per share.
Purple crayon tastes best. $RUM may actually be more heavily shorted than $GME by now, and you can buy $RUM warrants that don't expire until 2027 or 2028, listed as $RUMBW. Price would have to be $11.50 higher than your warrant purchase price buy then to breakeven off exercise.
Because Rumble came public via merger with "blank check shell company", the warrants can be "self-allocated" to yourself via open-market purchase of $RUMBW ticker. Normally, only insiders have access to warrants. Same thing with $DJTWW, warrants for $DJT that expire around 2027, I believe. You also have to pay $11.50 to convert each warrant to a share.
Warrant is effectively a long call option that gives you the right to convert it to a share, in these cases for the cost of however much you paid for the warrant plus the $11.50 conversion fee. So if $DJT is trading at $160 per share in 2027 and you paid $2+$11.50 conversion, your profit is $160-$13.50=$146.50 per share.