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Monk lol, I wonder if he's still with his wife?
I still see one or two of his disciples around.
Shoot, I don't get CNBC on my package,
I hear Chamath just put on a heck of a show.
Here we go:
I fucking love this guy @chamath The only time CNBC and the Suits care about protection is when it’s the establishment getting their teeth kicked in. As long as the big banks are winning the stock market is great. The second retail takes the wheel it’s all unfair pic.twitter.com/uQRUOFFLfX
— Dave Portnoy (@stoolpresidente) January 27, 2021
The same financial media that allowed shorts free reign to bash stocks to hell for years are now calling folks with $1,000 in a #RobinHood account a cartel.
— Charles V Payne (@cvpayne) January 27, 2021
Trying to illicit sympathy for folks who made billion crushing stocks and pay the lowest taxes rates isn't going to work
I'm so old, 5 p:m is when my Early Bird starts,
enjoy your Caramel Ribbon Crunch Frappuccino.
Making a grain and seed filled sourdough bread
egg/ turkey sammy with dijon & mayo, YUMM! So glad it's 5 p:m here. :)
I saw that, Redditers are kind of like older Ihubers,
why haven't we ever joined there? God knows we're older.
You've been concerned with new babies recently
and most important shopping for them. It's a political cancel thing
BBBY stops carrying My Pillow products.
OTC again today, sheesh
$bmix +466%
$ihsi +260%
$pttn +198%
$ozsc +163%
$vper +146%
$dpls +133%
$vira +116%
$tsoi +80%
I didn't either,
but that's what I heard from maybe 4 people including my brother,
why would I believe anything he says however.
Yes, "My Humor" lacks a certain je ne sais quoi
it was cheap anyway, sorry.
Dittos on Integral and Jim Bishop in particular.
Rabo: Today Kicks Off "The Great Reset" World Economic Forum
https://www.zerohedge.com/economics/rabo-today-kicks-great-reset-world-economic-forum
BBBY lol
Apparently the current fad is to buy anything
facing bankruptcy.
Good gut instincts,
AMC news from Dow Jones and Company, Inc.: AMC Nets $917 Million in Financing to Ward Off Bankruptcy.
He invited me to his abode in Jamaica
which I regretted I couldn't follow up on.
Wanna waste some time going down a rabbit hole?
I ran into Maninfla on RB in '98 after I had foolishly thrown my money
into a local O & G gas pipeline co., (forget the symbol, Trans something)
that I was positive was going to get me out of debt trading independent of
a broker for the first time while going thru' a divorce. Maninfla was the board
basher and I was fanatically a 'true believer'. Long story short we became
good buds especially after after I discovered I had
been taken with an easily identifiable scam. He was an irascible kind of
guy, but I was sorry he and Matt had such a falling out. Go deep enough
and you'll see our good buddy(who's name shall not be mentioned)
weighed in on the flame on the Q & A bd. back in '07 or so.
https://investorshub.advfn.com/boards/profilea.aspx?user=1208
So, hold my beer while I do something incredibly stupid again, BYOB.
What we all know, just succinctly said,
Greg Gutfeld's segment on "The Five" was good as well. They were better than the regular newsers,
first time I've watched Fox News in over a month.
Jesse Waters is the man!
20 S-1 filings from 4:00 p:m, 21 total so far.
Free money, get it while you can!
https://sec.report/Form/S-1
Farewell mi capitán!
Beat Them before they configure algos.
What Are Stock Warrants and How Do They Work?
Many SPACS start out at around $10, put that in your sock drawer.
Financial ones look good, pot ones, umm maybe, GNRS(W).
TDA sucks btw for warrants, usually have to call.
Wall Street has all kinds of investment tools and strategies that can potentially add more cash to an investor's portfolio.
One of the lesser-known models is the stock warrant, which gives investors some flexibility down the road to take advantage of good financial market scenarios.
What's a stock warrant and why would companies offer them -- and why and how would investors use stock warrants?
Answers to all of the above and more can be found below, as we take a deep dive into the stock warrant.
What Is a Stock Warrant?
A stock warrant is a financial contract between a company and investors that gives the investor the option to purchase the company's stock at a specific price and by a specific date. A stock warrant allows the holder to receive newly issued stock from the same company that provided the warrant. While the warrant expires after a certain date, the investor is still allowed to make the stock warrant purchase (via common stocks) at a later date if he or she chooses.
Warrants are often given to company bondholders as a "sweetener" for deep-pocketed investors, or to valuable employees for a "job well done."
Structurally, stock warrants are used to attract buyers to a company's stock, potentially enabling the recipient to buy the stock down the road at the warrant's "strike price" (the agreed-upon price) at a price lower than the stock may be trading.
For example, let's say ABC Corp. gives the stock warrant holder a contract to purchase 100 shares of the company at $20 per share (the strike price) over the next 10 years. If at any point in time during that 10-year period the recipient buys the stock at the strike price even if it's trading above that price, that's a good deal for the stock warrant recipient, who earns an immediate profit on the stock purchase.
Or look at the above stock warrant example another way.
You, as a valued investor or employee of a company, are given a stock warrant that allows you to buy ABC stock at $20 per share on Sept. 1, 2019. You, as the owner of the warrant, execute the warrant contract on that date, and purchase ABC stock at $20, even if it isn't trading at that price.
In return, you are then given one share of ABC stock. Consequently, if the stock is trading at $30 per share and you paid $20 per share, you've already earned a 33% profit on the transaction.
On the other hand, if the price of ABC's underlying stock falls to $10 per share, you're "out of the money," as the strike price is significantly higher than the actual stock price.
Plus, you don't have voting rights as the holder of a stock warrant, and you don't get paid dividends, either.
What's in a Stock Warrant?
A look under the hood reveals several features and components of a stock warrant. Here's what's inside the financial instrument:
The 'Heads-Up' Notice. In any stock warrant deal, the recipient can let the company know up front when he or she will exercise their right to purchase the underlying stock. Once the company that provided the stock warrant gets that purchase notice, it will issue new stock shares to allow for more shares of its stock to be traded. This will increase the company's total shares of stock, which can dilute the price of the stock.
The Pricing Mechanism. A company will declare a stock warrant strike (also known as the exercise price) after it issues a new bond offering.
The Expiration Date. Any stock warrant comes with an expiration date, which is listed on the contract.
However, here's a word of caution on getting stock warrants in the U.S. and abroad.
Stock warrants given in the U.S. allow the recipient to execute the warrant at any time leading up to and including the expiration date. That's not always the case overseas. For example, a stock warrant in some European countries mandates that the recipient exercise the warrant only on the expiration date.
How Do Stock Warrants Compare to Stock Options?
At first glance, stock warrants emulate stock options, as they both share similar features and benefits. But they have important differences, too.
Let's take a look and see how stock warrants are the same and where they contrast.
Getting a grip on warrants vs. options means understanding how both investment products are defined.
Both are investment/financial contracts that allow someone to purchase a specific company's stock at a specific price and time. Each is also designed to give investors the opportunity (but not a guarantee) of making a profit on that investment. Both are also traded widely on major financial exchanges like the New York Stock Exchange or the Nasdaq Stock Market.
But this is pretty much where the similarities end between stock warrants and stock options. Here are the primary differences:
Stock Warrants Are Used to Raise Capital. Companies issue stock warrants in a large part to raise capital. Not so with stock options, which are ways investors can place bets on a company's stock. However, the company itself doesn't make any money on stock-option transactions.
Timetables Are Different. The investment window is wide open for stock warrants, which can last as long as 15 years in some cases. By contrast, stock options often expire in a matter of days, weeks or months. That's why market makers say that stock options are a better short-term portfolio strategy than stock warrants. Conversely, stock warrants are deemed as a superior long-term investment strategy.
Tax Differences. Stock warrants and stock options come with different tax rules, too. Taxable consequences from the use of stock warrants depend on how they're used. The taxes that may be attached to a stock warrant can be complicated; they are usually taxed once the warrants are exercised.
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Exercising stock warrants, SPACS in particular
https://www.investopedia.com/ask/answers/how-to-exercise-stock-warrants/
Most stock warrants are similar to call options in that they provide the holder the right, but not the obligation, to buy shares of a company at a specified price (strike price) before the warrant expires. Unlike a listed option, a warrant is issued by a company instead of an option writer.
KEY TAKEAWAYS
A stock warrant is issued by an employer that gives the holder the right to buy company shares at a certain price before the expiration.
The easiest way to exercise a warrant is through your broker.
When a warrant is exercised, the company issues new shares, increasing the total number of shares outstanding, which has a dilutive effect.
Warrants can be bought and sold on the secondary market up until expiry.
If the current stock price is below the strike price, the warrant may still have some time value and can still have value in the market.
How to Sell or Exercise a Warrant
A warrant holder may choose to exercise the warrant if the current stock price is above the strike price of the warrant. Alternatively, the warrant holder could sell their warrants, as warrants can be traded similar to options.
If the current stock price is below the strike price, it makes little sense to exercise the option, since it is cheaper to buy the stock on the stock market. For example, if the strike of the warrant is $40, and the stock is currently trading at $30, it is not prudent to exercise the right to buy the stock at $40 when it can be purchased at $30.
On the other hand, if the stock is trading at $50, and the strike of the warrant is $40, it is beneficial to exercise the warrant. That said, just because the current stock price is above the strike price doesn't mean the warrant has to be exercised. If there is still lots of time until the warrant expires, holding onto the warrants may prove even more profitable.
For example, if over the next year the stock rises to $80, the warrant has become more valuable. The stock is trading at $80 and the warrant holder has the right to buy at $40 (and could immediately sell those shares for $80).
Use Your Broker
The easiest way to exercise a warrant is through your broker. They will handle much of the paperwork and correspondence with the company that issued the warrant to you. Warrants show up in your trading account just like a stock or option. Contact your broker and tell them you would like to exercise the warrants in your account.
Stipulate how many, out of the total number you hold, you would like to exercise. Once the broker has contacted the issuing company, the exercised warrants will disappear from the account and the stock will appear. Your broker will likely charge a fee for this service.
Exercising warrants is dilutive to existing shareholders. When a warrant is exercised the company issues new shares, increasing the total number of shares outstanding.
Special Considerations
The warrant could be based on any ratio chosen by the company. It may require five warrants for one share, or 10, or 20. When selling or exercising an option, make sure you are aware of all the stipulations of the warrant so you end with the number of shares (and exercise the number of warrants) you want.
Warrants are not necessarily one warrant for one share.
Another alternative a warrant holder has is to sell the warrants. Warrants can be bought and sold up until expiry. If a stock is trading at $50, and the strike of the warrant is $40, the warrant should trade for at least $10 (assuming one warrant equals one share). This is because someone could buy the stock at $40 with the warrant and sell it immediately for $50...a $10 profit per share. Likely, though, the warrant will trade for more than $10.
This is because there is also time value added to the cost of the warrant. If there is a year left before expiration, the person selling the warrant will want to sell it for more than $10, since there is a chance the stock price could move up within that time, making the warrant worth more. Therefore, the warrant could actually be sold for potentially $12, instead of $10, as an example.
The Bottom Line
Even if the current stock price is below the strike price, the warrant may still have some time value and can, therefore, be sold for something. If the trader opts to sell the option instead of exercising it, sell the warrant within your trading account how you would any other stock or option. Set the price to sell it at, the quantity, along with any other order parameters you want.
Thanks tan bud, haven't been very active lately,
felt good. Still got my ATOM and a few others tho'.
Tanks, nothing like breaking a New Year's resolution
swearing to fewer short term gains taxes. Once a hoe...
HA HA nice! I'd like to hear that.
My new phone has a boring selection. It's amazing the amount of people that go with the factory setting.
I'm surprised when someone gets a call, everyone within earshot doesn't reach for their phones as they
mostly sound alike to me.
I never imagined you getting anywhere near politics, who knows, you could be our populist
go to guy in Gaul.
Looks like my crystal ball is intact. :)
https://wccftech.com/lucid-motors-reportedly-intends-to-go-public-by-merging-with-the-spac-churchill-capital-corp-iv-cciv/
Of course, this development follows reports of another EV merger in the works. To wit, Bloomberg published a report over the weekend, alluding to the SPAC’s possible merger with the EV manufacturer Faraday Futures – formally known as Faraday & Futures Inc. Consequently, with both Lucid Motors and Faraday Future heading to the public market in the near future, the EV froth is nowhere close to ending in the foreseeable future.
SPAC: CCIV
From a Greysheet CEO,
Hello Xxxxxxxx,
The company intends to continue to complete the financials and the filings. We hope to have great news for you soon.
Thank you for your patients,
Josh Xxxxx
Afternoon, back to back appts @ The Funny Farm sigh
Sentenced to death for bigamy?
I'd find somewhere better to hide out,
like Surinam.
While everyone is focused on Jack Ma, this happened. $BABA pic.twitter.com/s1zky5sTFz
— Diogenes (@WallStCynic) January 5, 2021
I don't have CNBC on my current package,
I miss wasting my mornings with market gossip. :)
Weren't you kind of curious about that during the whole IPO hype?
Dude was being treated like a rock star on American T.V.
Xi's ego being pricked was palpable.
I think that's a job for someone owning FANG
or thinking of owning it. ;)
My days of Ibox rescue are over.
Oh dear, have you tried Geritol?
People still swig that stuff?
Want to see something not funny, I've been cancelled!
Somebody removed my large eye grabbing rattler striking right at the camera at the top of the intro.
which I can't find now. They even removed the company logo at that time was that pc or something?
[*chart]investorshub.advfn.com/uimage/uploads/2021/1/2/zadclDiamondback.PNG[/chart]