samosa - 3 years ago
5 Things I learned:
- SPACs are the way. Warrants in the $2-$6 range and then equity $18+
- Never ever bet against QE
- Wall St doesn't equal Main St. The market doesn't give a shit about most social issues.
- Never trust a company beyond a catalyst event
- J.Pow is awesome. The market just wanted a reason to go up this year. And boy did it ever.
samosa - 3 years ago
In some cases, the equity will start to run up a lot faster than the warrants. Since warrants are essentially worthless until a merger deal is done, the warrants just assume too much risk to follow the equities gains. So with SHLL, we can expect the warrants to be worth 50% of the equity from now until the merger date. At least that's my theory lol
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