Steven Adams
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Steven Adams
Captain Phillips, SEAL Snipers and Trading
I saw the movie Captain Phillips this weekend with my son. A very intense and well done movie. I don’t think it gives anything away, (but, spoiler alert, if you don’t know how it ends and don’t want to then don’t read this) but at the end of the movie three SEAL snipers dispatch three […]
Continue readingThe Beginning of the Process, JAXB Rights Offering
Whenever I come across a rights offering, or warrant expiration, I make an initial checklist to determine whether or not I want to look at the situation for a possible trade. I do a back-of-the-napkin analysis listing what I like and don’t like about the trade. In combination with that initial checklist, I make an […]
Continue readingFollowing the Rights Offering in Jacksonville Bancorp, Inc. JAXB
Jacksonville Bancorp (JAXB) is in the midst of a rights offering that I’m interested in following. The document describing the offering can be found here. One reason I’m interested in this offering is that it has similar characteristics to an offering we followed a short time ago in EVBS. The EVBS rights offering, and subsequent […]
Continue readingAnother Successful Rights Offering, Closing AERL Long
For those of you who followed our AERL trade based on the rights offering, we are taking profit on the majority of our position here. We bought the stock at an average price of $3.35 last week into the expiring rights offering and have now made 19% in just four business days. Note that this […]
Continue readingTrading AERL Into a Rights Offering Expiration
I was asked to expound on a comment I made today on www.stocktwits.com concerning AERL. I believe being long AERL into its rights offering expiration this Friday is a low risk, high probability trade. I am currently working on a free report that will be a given away on this site when signing up to […]
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