WONDERFUL WORLD OF WARRANTS

[Quintessence]

Worth buying few UPTDW imo. If they successfully complete the deal it could be good.

[ErnieBilco]

It looks like the warrant is swirlin the bowl because they are making month to month payments to keep the ticker afloat to do a deal.

With that info I really can't put a value on the warrant.

[ErnieBilco]

It should have already gone parabolic using the simplest of calculations.

Common - exercise = fair value of warrant

$17.25 - 11.50 = 5.75 - I don't know, have they accelerated the expiration to get them off the books? Only thing I can think of to keep it so far down vs the common.

[madras50]

Can you or someone tell me at what price of UPTD would UPTDW (.20-.25) start making a parabolic move?

[ErnieBilco]

That's how I try to do it. The higher the better but know when to let them go.

[Quintessence]

Sold my CCGWW today for +500%!

[Quintessence]

Bidding for GODNR and LUNRW.

[jtomm]

That's great Ernie, thank you.

[Quintessence]

I am going to miss that site...

I was able to get a list of all the NASDAQ warrants. I created a watch list in my Schwab account.

[Quintessence]

TRCA/WS merger vote on 9/26. Got some at .0545

https://archive.fast-edgar.com/20230911/AQ22Q22CZZ2239C2229O2Z42MIMFSC22X252/


PROSPECTUS FOR 42,165,275 ORDINARY SHARES AND 12,210,742 PUBLIC WARRANTS, IN EACH CASE, OF
CARBON REVOLUTION PUBLIC LIMITED COMPANY

To the Shareholders of Twin Ridge Capital Acquisition Corp.:
You are cordially invited to attend the extraordinary general meeting in lieu of the annual general meeting (the “General Meeting”) of Twin Ridge Capital Acquisition Corp., a Cayman Islands exempted company (“Twin Ridge”), on September 26, 2023 at 11:30 a.m., Eastern Time, at the offices of Kirkland & Ellis LLP located at 601 Lexington Avenue, 50th Floor, New York, New York 10022, and via a live webcast at https://www.cstproxy.com/twinridgecapitalac/sm2023, or at such other time, on such other date and at such other place to which the meeting may be adjourned, for the purpose of voting on Twin Ridge’s proposed Business Combination (as defined below) with Carbon Revolution Limited, an Australian public company with Australian Company Number (ACN) 128 274 653 listed on the Australian Securities Exchange (“Carbon Revolution”) and the other matters described in the accompanying proxy statement/prospectus.

[ErnieBilco]

EVERYONE - I HAVE BEGUN UPDATING THE IBOX WITH CURRENT WARRANTS FROM THE OLD STOCKMARKETMBA SITE.
HOPE EVERYONE CAN FIND A FEW POSSIBLE BUYS
-EB

[Quintessence]

Bought some LIVBW today just because it hit my .0226 bid.

I am bidding BHACW. They halted liquidation and extended deal deadline.

[Quintessence]

Sold half my SEPAW for +100%. Hoping to reload around .05

[Quintessence]

Bought SEPAW. Merger agreement.

https://www.globenewswire.com/news-release/2023/08/23/2730735/0/en/SANUWAVE-Health-Inc-a-Leading-Provider-of-FDA-Approved-Next-Generation-Wound-Care-Products-Enters-into-a-Merger-Agreement-with-Sweat-Equity-Partners-and-Mercury-Life-Sciences-affil.html

[Quintessence]

GBBKW - grabbed some .03s - Global Blockchain Acquisition Corp. and Cardea Corporate Holdings, Inc. Announce the Execution of a Definitive Merger Agreement

https://www.globenewswire.com/news-release/2023/08/18/2727702/0/en/Global-Blockchain-Acquisition-Corp-and-Cardea-Corporate-Holdings-Inc-Announce-the-Execution-of-a-Definitive-Merger-Agreement.html

[Quintessence]

Thanks. I'll give HCDIW a try - see if I can get a bid filled...

[ErnieBilco]

I trade HCDIW fairly regularly - buy .005s and sell .011s

Lack of volume means waiting a lot

[Quintessence]

Nice! I bought some GMVD and am watching the warrants. Hoping to reload MCOMW soon in .03 area (and I grabbed some of the commons).

[Quintessence]

Yes, you never know!! That's the excitement of warrants!

[jtomm]

"in case it apeshits again" lol, I like that!

[ErnieBilco]

I was able to sell the warrants also but still have 13K left in case it apeshits again.

GMVD has the same situation - commons at 16 cents and I sold the warrants yesterday at $4.25

It's bizarro world but gotta take the gains where I can get em

[Quintessence]

MCOM -13%, MCOMW +400% - What the??? Sold most of my MCOMW and bought some MCOM. The disparity between commons and warrants doesn't make sense to me...

[ErnieBilco]

Both of those look interesting - I threw some bait in the water to see if anyone is hungry.

[Quintessence]

I grabbed more WGSWW today, and bought some OAKUW (merger news).

https://www.sec.gov/ix?doc=/Archives/edgar/data/1945422/000121390023066425/ea183357-8k_oakwoodacq.htm

I joined you with some IMPP as well.

[jtomm]

That's almost the same way I used to do reverse mergers. Usually you'd get a pop the day of the announcement, first half hour to hour was most of the action. But similarly, not ones to hang on to.

[ErnieBilco]

Most all of the BKs will run, it's just a matter of how much and knowing when it's time to leave, once I'm over 50% I start thinking about how far I want to push it. I'm long gone before the court stuff starts.

It's just a easy way to pick up small gainers almost daily.

[jtomm]

Seems like a good approach. Plus, that way you get the results pretty quickly -- either good or bad.

[ErnieBilco]

I try to catch them the day they announce it because it will drop 70% or more - that's when I buy lottos on them for the dead cat bounce as the BK players rush in with their BS to pump it up..... I get out and move on.

I also bought PTRA yesterday at an average of .142 - there's gotta be a run next week or so I would guess.

[jtomm]

FWIW I've also had some decent luck with companies announcing they're coming OUT of BK. Much of the debt gets wiped away, but the first months or years can be kind of rough because the old lenders will sometime take stock (no other choice) at the bk settlement, so they're big sellers for awhile.

Do you tend to focus on the stocks that are hinting of bk or restructuring? In other words, as they're going in, rather than as they're coming out? Just curious what has worked for you.

[ErnieBilco]

I just grabbe 400 AVTX as it looks like it may be headed towards BK - Will add on any big drops from .1255s I just bought

just put 500 in another account. Got 1 more account I want to put it in.

[jtomm]

Same here. Used to play reverse mergers a little. They didn't all work out, and sometimes had to wait years and years for the ones that did. So long as the good outweighed the bad, I was happy.

[ErnieBilco]

Just remember I have a very high risk tolerance but I don't throw money away on something I think won't payoff eventually, I have some I've held for years because I don't like selling red.

Keep the winners out pacing the losers is all I can ask for

[jtomm]

Thanks! Give me some to look at. Warrants and Unique Situations. Gotta go with what works and what's available. Thx again, Ernie

[ErnieBilco]

OK I will - I jumped on AMRS yesterday at .069 and sold this morning @ .157 and .18

I'm looking to churn some coin instead of letting it rest.

Not a BK but I do have a .96 order in on ADMP which I already own but it looks like it may get down there , maybe a lil farther.

Bought YTEN @ .41 today

Bought IMPP @ $1.63 on their $2.00 offering

Added a lil more to my APVO @.46 - still looking for the warrants around .005 but having no luck

I don't buy huge blocks of anything - I like to see how it reacts before deciding to add to anything.

[jtomm]

Yeah, agreed. Not much that's appealing. Please feel free to post the BK announcers you like on this board too. (I don't think it needs another board)

[ErnieBilco]

Bought some STRCW .03s

[ErnieBilco]

Warrants are kind of slow so I moved to BK announcers and offering cliff divers to make up some of the lost volume.

Still constantly looking for opportunities in the warrants just not much I like right now.

[Quintessence]

My ave is .041 but I only got $80 worth so far. Still bidding HHGCW.

Also bid-sitting for more WGSWW and GBBKW.

[ErnieBilco]

My avg is .0622

[Quintessence]

Bought some HHGCW yesterday. HHG Capital Corporation Announces Signing of Merger Agreement with Perfect Hexagon Holdings Limited

https://finance.yahoo.com/news/hhg-capital-corporation-announces-signing-123000515.html

[Quintessence]

Fun day with WGSWW. Sold half my warrants but hoping to buy back in .02 area.

[Quintessence]

Thanks! I am also bidding FORLW. I will take a look at some of the others.

[ODB]

I am going to hang on to my BTMWW for a while. I have several buy orders to catch any dips. May set a super high hail-mary GTC sell order so I don't miss any crazy movement.. It doesn't expire until 2027 and they had a good preliminary Q2 revenue report that came out on July 21st. I don't think it is in any jeopardy.

I've been buying up SATX/WSA and SALTW on dips. Also picking up new SPACs: FORLW, ALCYW, OAKUW, IPXXW.

[Quintessence]

Nice! I am having some success with BTMWW recently. It's up 100% from where I bought. Trying to decide if I should sell some or keep holding.

Also caught some action with APTMW today. Flipped some for a few bucks. Still holding some. It was trading like a roller coaster today!

[ODB]

Had a bit of luck yesterday in pre-market trading. Had to wait until it settled because I thought it was an error. I have been putting hail-Mary sell orders in on SPACs that haven't closed and expire in 2026 (those are the majority that are liquidating right now). I have owned OXACW since 2021 and it has been trading at around .04 for a while now. I put in the sell order at .38 to cover my cost basis plus about 45%. I received the notification that it sold for .793 and immediately checked the ticker and it was still at .04 with no new news that I could find. Either someone made a big mistake in their buy order or someone knows something I don't. Anyways, yea me for the small victory in this crazy market. Made +191% when I thought it had a high probability for a significant loss.

[Quintessence]

MNTN.WS (.24) Everest Consolidator Acquisition Corporation (NYSE: MNTN) Announces Business Combination with Unifund, a Consumer Debt Service Company Focused on Data Science and Analytics

Everest intends to solicit warrant holder approval to amend the terms of Everest’s public warrants so that each public warrant will be convertible into the right to receive a cash payment of $0.50 upon the closing of the business combination in an effort to create a cleaner capital structure for the combined company.

https://www.businesswire.com/news/home/20230724530822/en/Everest-Consolidator-Acquisition-Corporation-NYSE-MNTN-Announces-Business-Combination-with-Unifund-a-Consumer-Debt-Service-Company-Focused-on-Data-Science-and-Analytics

[jtomm]

Yep, doesn't show up on my charts either.

I have gotten a few of those in the past where it does show on the charts and it looks like a toothpick you'd plunge into a triple-decker club sandwich. :)

Congrats again.

[jtomm]

Yeah, makes sense to not call attention to it. Congrats regardless

[ErnieBilco]

The buy still doesn't appear on the tape so the chart is pretty static - the sell side is on the tape.

It's rare but I catch these deals from time to time and they are always amazingly profitable.

I can't publicly print the ticker so I will PM it to you. I don't want to risk the broker catching it and reversing it before it clears.

[Quintessence]

Great to get a win!! Congrats!