Hey there. I hope you’re having a very nice May so far. The weather here in the DMV has finally started to turn warm…so it should be about 100 degrees next week with 70% humidity, haha. I’ve been getting a LOT of questions the past few days about the VectoIQ warrants. Can’t imagine why. I […]
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My little group of warrant traders have feasted on the VectoIQ trade the past few days. We had been in the warrants since before the acquisition announcement, picking them up at $0.80. We then sold on the announcement of the acquisition, a common pattern, and waited for a good re-entry. That came over the last […]
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Within the first few paragraphs of Reminiscences of a Stock Operator, Larry Livingston (or Jesse Livermore in real life) lays out one of his most important stock rules. He would use it throughout his trading career to amass millions. I noticed that in advances as well as declines, stock prices were apt to show certain habits, […]
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When I first started trading, and I mean the very first day I started trading on a market maker desk, I had the unpleasure (that should be a word if it’s not) of meeting one of the rudest, most unpleasant people I’ve ever known. Now, in the business world, I’ve known conniving, scheming, out for […]
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EdtechX Holdings (EDTX), a SPAC that just completed its purchase of a Chinese online education company, is flying today, March 27th. The common stock is VERY thinly traded. And the move higher has been on very thin volume. The move reminds me of pops in Virgin Galactic (SPCE), or maybe more closely Phunware from just […]
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