$Intuitive Machines(LUNR)$ This is definitely not Financial Advice. I am not a Financial Advisor.
If you want to buy the stock, buy the warrants instead.
If you want to sell the stock, buy the stock.
LUNRW is like a 5-year-expiry call at 11.50 which (at Friday's regular-hours close) is $1.00 in the money and costs $0.83 . There are additional details (e.g. the company can force exercise if stock stays above 18), so do your due diligence.
They have been exercisable since Thursday (in theory. If anybody has successfully exercised them, please speak up.) Exercising them takes a few days, so the price of the common stock can spike again, you exercise, and by the time they are in your account and sellable, the price could have dropped again. (Hence: 'If you want to sell the stock, buy the stock.')
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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