“So, a Bear Stearns hedge fund went belly up, who cares? I don’t really care for the Bear guys anyhow.” That was a typical comment I heard from my Wall Street buddies in June 2007. The market was humming along, and nobody really cared that some boneheads at Bear had put too much risk on. […]
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“They think it’s a small plane.” That was my wife telling me what the news had just reported when I walked into our family room on 9/11. I had just made my coffee and was headed downstairs to my office to begin the trading day. I was working for a New York based hedge fund, […]
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As predicted, Virgin Galactic has chosen to redeem their outstanding public warrants as of yesterday evening, March 13, 2020. The warrants are being called on a cashless basis. The full details are in this press release. The result is a slight hit to warrant holders, as the call values the warrants about $0.62 below where […]
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The Warrant Observer group has been trading Vivint Smart Homes (VVNT, VVNTWS, and in some charting software VVNTW) quite a bit lately. Here are a few questions that have come up about the stock and warrants. What are the warrant terms? The Vivint warrants are exercisable at $11.50 for one share of common stock. Are […]
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I over explain everything. Really. My kids could tell you lots of stories. So, when I was telling my daughter about how I predicted VectoIQ Acquisition Corp would do an acquisition very soon, (which I shared that with Warrant Observer members on February 21), I think I over explained. So, here’s my “under explanation”. There’s […]
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