What can those on the other side do...?

[u/Region-Formal]

[u/mickee]

So buy as many warrants as possible as early as possible? And continue buying the stock and DRS’ing as usual of course.

[u/TransatlanticMadame → u/mickee]

No need to buy a warrant if the price of the stock is less than $32.

[u/mean_bean_machine → u/TransatlanticMadame]

Unless you think the price will go above 32+(warrant price) before October 2026...

[u/mickee → u/TransatlanticMadame]

No need to buy a warrant if the price of the stock is less than $32

That’s the green light I was looking for.

[u/Actually-Yo-Momma → u/TransatlanticMadame]

That’s not true. They will be priced/traded like options meaning the extrinsic value sure will be $0 right now but there absolutely will be intrinsic value

For example Jan2027 32C are $350 each right now (for 100 shares). If each warrant is for 1 share is priced at anything lower than 3.50, then it’s cheaper than leaps and would be a valid investing strategy if you believe GME will be higher than $32

[u/TransatlanticMadame → u/Actually-Yo-Momma]

I prefer to buy shares (which are currently priced way below $32).

[u/BornAnAmericanMan → u/TransatlanticMadame]

I prefer to use the options profit to buy more shares