If @BillAckman manages to get sparc approved the $psthw could be very lucrative - the existing warrants basically convert to sparc warrants with a 23.00 strike and a 5 year term. Disclosure: I own about 35000 $psth shares and 70 leaps. Not advice, just observation.
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I put what I had left on the warrants this morning
End of conversation
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. I harvested a loss and will by more in 30 days.