Almost all SPACs now require additional investment by way of a PIPE. PIPE investors want to see good management at the helm.
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Very often, when a SPAC announces a deal, the warrant moves substantially higher. It’s one of several ways we earn our keep at The Warrant Observer. Pivotal Investment Corporation II (PICWS), that I told you about a few days ago, is a perfect example. We bought the warrant, as part of our official SPACfolio, in […]
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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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I live just a mile outside of Washington, DC, on the northern border of the city. You can easily walk into the District on a walking trail that goes by my house. Not a lot of people know it, but one of the largest urban parks in the country is in DC. At over twice […]
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