I’ve discussed two different trades that can be done in a rights offering or warrant expiration. The first and second trades, that I talk about in my eBook as well as in this post, are to be short going into an expiration and then long at the time of the expiration. But there is another […]
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I’ve discussed the rights offering in Turquoise Hill Resources (TRQ), expiring today, and the USA Technologies (USAT) warrant expiration with a few of you and wanted to give a quick update as I return from vacation. First USAT, which had a warrant expire on December 31, 2013. The stock has moved up nicely from where […]
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Why does a company issue stock warrants? Why not just issue stock, and if necessary, bonds? Understanding why a company has issued warrants, and to whom, is a very valuable piece of information on which savvy traders can make decisions. If the shares are issued to insiders or mainly to a loyal investor, there is […]
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I’ve seen a few stock message boards lately where investors are confused, and often upset, about “rights” showing up in their brokerage accounts. The upset part is often related to fact that the stock they own in the underlying company is going down. The storyline goes something like this. Day One, 30 days until rights […]
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A few people have been asking about my trading career, where I learned to trade, what I’ve traded, etc. Here is an article I wrote for another website that details my first day on the job, and gives a little insight into a Wall Street trading desk. Throughout my trading career I’ve tried to take […]
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