Bought SBFM warrants (SBFMW) for 3.50 a few days ago because they announced their mRNA kills multiple drug resistant cancer cells in vitro (test tube pre clinical trial stage) and I had a feeling it would get pumped due to tiny mkt cap and big news, and then sold at 5.38 yesterday and now the warrants are 9.75 lol.
It'll take a long time for it to go through clinical trials and they'll need to raise money by selling shares to fund the trials, but due to small mkt cap, it could get pumped pretty high to squeeze out short sellers.
I want to play it again in case it goes parabolic, but don't want to possibly buy the top and become a bagholder in a stock that will definitely dilute shareholders.