We’ve been following the Ford warrant expiration here in very great detail. We described how the stock would likely trade leading up to the final day of trading for the warrants, what the expiration would mean (including a comparison with the recent GM buyback), and what the stock would likely do (move up, haha) as […]
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If you’ve been following our recent discussion around Ford (F) and Ford warrants (FWS) and found that the trade fit your style and risk profile, congratulations! The stock has moved very predictably with the warrant expiration. A buy around $11.50 would have netted over 10% as of the high the common has hit today thus […]
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The “fiscal cliff” is providing an opportunity in F as it pulls back into the $11.50 range. Today and Monday are the final days for the warrant to trade, and playing a post warrant expiration bounce means getting into the stock today and / or Monday. Obviously it’s better to buy on the price decline, […]
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Yesterday, Dec. 19th, General Motors (GM) announced it would purchase from the U.S. government 200 million shares of common stock at $27.50 a share. The previous day the stock had closed at $25.49 and on this news the stock opened at $27.44, traded as high as $27.90, and then settled back in to close at […]
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With the news that the government is selling a large portion of its stake in General Motors (GM) back to the company at a price above the close yesterday, both GM and Ford opened higher this morning. Ford has now traded back to almost flat at this point (10:20 am EST). With the run higher […]
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