This is a very, very simple idea, and does not require a lengthy explanation. There's death, there are taxes, and then there are warrants which expire in less than six weeks to purchase shares of Combimatrix (NASDAQ:CBMX) at over 25 times their current market price.
Combimatrix is a tiny but interesting medical diagnostics company which has been written up several times on SA. It has been putting its financial house in order and, hypothetically, has cash through at least year's end and a bright future. But this is not about CBMX; it's about its publicly-traded warrants, CBMXW. Each warrant entitles its holder to buy 1 share of CBMX at $90. If not exercised by May 1, these warrants...
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