This article was originally published on August 25, when the teaser ads were initially running — but they ran heavily again recently with a “you have to get in by September 29 before the secret gets out” pitch, so most of what follows is the same as when I first covered the pitch… but I’ve […]
Articles
If my limited interactions with the outside world are any indication, I’d say we’ve gotten to the “cab driver” period that institutional investors often talk about: When your cab driver starts giving you stock tips, the top is probably near. That’s not a reliable predictor, of course, and I guess it would be Uber drivers […]
Today I’m throwing in a little bonus article, since it’s an interesting topic, everyone seems to be obsessed with gold again this week (though gold prices took a little tumble yesterday), and a few folks have asked about E.B. Tucker from Casey Research and his “Gold Placements” pitch. If that doesn’t sound familiar, he has […]
Here’s the scenario of a week ago: China is in the midst of an epidemic of possibly explosive proportions, with fear gripping much of the country (and the world) as a coronavirus spreads and seems to have a pretty high mortality rate, with conspiracy theories abounding and the fear of social unrest as whole cities […]
We’ve seen plenty of “get in before the IPO” pitches over the years, and that has only accelerated as more and more companies have taken advantage of the JOBS Act to raise money under easier rules — particularly the “democratization” of private funding to allow unaccredited investors to invest in small private companies. Combining that […]
Things will be a little quiet here at Stock Gumshoe for the next week or so — I’m off to do my big fundraising ride for Dana-Farber tomorrow, and will then be taking several days off to recuperate next week and spend time with family… I’ll be back with the Friday File next week, but […]
Maybe the scariest thing I can tell you is, “I’m not selling everything.” The drumbeat in my head continues to be one of worry, I continue to be a little bit surprised at how high stocks are going, and how resilient stocks are. But thankfully, I haven’t been acting on those macro worries — because […]
PNC and BAC TARP WarrantsA friend of mine shares his True Wealth Systems newsletter (Stansberry). Without divulging the entire content (the subject of a previous post from Travis with which I agree), they basically recommend PNC and BAC TARP warrants. I know Travis previously recommended PNC’s. I notice that the newsletter bases its recommendation on a P/B value ranging […]
Retail Opportunity Investments Corp (ROIC) made a quiet announcement on Friday that helped to juice the shares a bit later in the day, as the week closed. They have apparently been doing behind-the-scenes negotiations with warrant holders in an effort to continue to work through the warrant overhang that’s been impacting the stock price — […]
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Most SPACs require a waiting period before warrants can be exercised. You should be able to trade them as soon as they ...
Great Info Thanks In the beginning SPAC's run up, come back down and trade sideways for a while, I trade deep in the m...
Their SEC filing K8 of 1/7/21 made an interesting read, of warrants done differently....
Sounds like you bought the Units, which have a warrant or partial warrant attached to each share of stock. When the mer...
I have a really embarrassing question. I thought I had bought stocks in the Landcadia Spac (LCA) for Golden Nugget (GNOG...
Robinhood does not support the Units (ending with U) or Warrants (ending with W) on their platform, You can but the comm...
Thanks for the great info! I am trying to learn more about SPACs, but I get this nagging feeling that a bunch of people ...
Yes I bt some OXY warrants, paid $3.99.I did not buy a lot. I am much more options trader, so just adding a little var...
I haven’t looked at the terms of those, sorry, but those are not like SPAC warrants — you’d want to assess the str...
Hi Travis, That is the best piece I have read anywhere on SPAcs. I listened to Brown and it left me feeling very dirty....
The recommended SPACs are SVFAU, EPHYU,PRSRU, all are units with a share + partial warrants....
Dear Travis, This is the most detailed write-up of SPACs I have ever read. Thank you. In 2020, I made a ton. yes a ton...
Hi Travis, Anyone, I bought OXY warrants per Casey at $4.50 and now they are at $10-11. Are these in danger of implodin...
I own a ton of so many units and warrants it's hard to keep track. The only reason is that we're in a market where retai...
I understand your concern. The only way I can try to explain, but I don't believe it's true any longer, is that theoreti...
Hi I am not sure about the SPAC you are asking about. However I find a site called SPACalpha a great place to follow ne...
Travis, my dumb question for the day, is it not automatic that a company can force one to exercise warrants if the under...
The original prospectus for Monocle Acquisition is now listed under AerSale in the SEC's sytems. Original prospectus is...
Where do I get the prospectus/details for ASLE warrants?...
Yes, that would give the company the right to accelerate expiration of the warrants — sometimes they do just that, mea...
I read that article too and can sum up his thoughts on ASLE: 1) He thinks ASLE's fair value right now is $18-$24, but d...
As my first warrants move, this has been a positive experience. Basically, I bet $50 bucks that I would learn something ...
It’s a real company, with an interesting business... I’ll do some valuation work that I can share on Friday. I stil...
I purchased MNCLW warrants on a whim on 11/9 for 0.235. Was pleasantly surprised when I found out they had merged and t...
I haven't done anything with them yet, but yes, the merger went through and Monocle Acquisition is now AerSale. I will ...
This is why I use services to help with stock picks. Looking at CFMS, this is exactly the type of stock I'd avoid. C...
allgood4will, Our dear friend, Travis, has a very detail discussion about SPACs in various gumshoe articles. My sourc...
Dear Travis, To sum up 2020, four letters : SPAC! I stick with SPAC warrants, I have booked in so much capital gain. T...
Most likely, unless the price really goes bonkers (I don't expect it to, this shouldn't be a "hot" story stock)... I do ...
I notice you said you sold only some of your Monocle warrants. Do you plan on holding the others thru the merger and ex...
Yellowstone Ist time dealing with warrants. When they sent me a notice to choose to split or not I took the Warrants. S...
In general, it’s wise to split unless your position is small enough that the fee your broker would charge to do the sp...
I bought those warrants directly at MNCLW, didn’t get them by owning the SPAC units. If you own YSACU, then you hav...
Warrants are each for one share, so a full warrant. There is only half a warrant attached to each unit, so that means i...
Hi Travis, Just new with SPAC. I notice you sell some of your MNCL warrants. How do you know how many warrants do you h...
I bought YSACU and now have a notice from my broker: INSTRUCTION DEADLINE DATES Final Date for Instructions: Dec 30, 20...
Units are what originally goes public for a SPAC, usually with a U or /U at the end of the ticker, and they have whateve...
Thanks fir the clarification. If you are buying units, would they still have the warrants attached?...
Switchback Energy is a SPAC that has agreed to acquire ChargePoint. U means units ( what initially came public, typica...
Katusa has And heavily pitching Osisko for about a month.Stock +2 two year warrants. Stock started treating in Vancouv...
Thanks for sharing... yes, each one of these is a little different, but buying a SPAC before the warrant splits off, at ...
Warrants are new to me. But I bought a package deal from Casey many years ago, which included EB. With these recommendat...
Travis, thanks for the SPAC explanation. I bought YSACU, which will be my first SPAC with warrants. Also attended B...
If you bought YSACU, you own some warrants — each unit YSACU includes one share of YSAC and one half of a warrant. Th...
Travis, did you have a chance to buy into YSACU earlier and get warrants or was that not available to you? I purchased Y...
I like to invest in SPACs warrants: It does not tie up so much my capital and I can buy a lot of shares. All my warra...
They are Rights, not Warrants or Options, so my reading is that 8 Rights = 1 share when the dust settles, no additional ...
I just joined the Strategic Investor. I stopped short of purchasing the Strategic Trader with a $2k purchase. I underst...
I am right there with you, SPAC's seem too confusing to bother with if you are only putting in minimal amounts. I bough...
Not sure I understand your questions. If you buy the original SPAC units at ticker FEACU, which according to my bro...
Thanks for this info and the warrant ticker symbol. So you bought the same exact number of shares for FEAC and FEAC+? Wh...
Thanks Travis. As for my question part 1) and the fact that as you say FEACU units may have all been converted to FEAC...
One is the stock itself, the other is the "right" that was stapled to the SPAC -- the rights are leverage, sort of like ...
I use TD Ameritrade and also found that FEACU doesn't trade anymore. I bought the stock and warrants separately. The s...
Great. Travis suggested if we wanted to purchase the SPAC with the warrants "stapled" to them, to use ticker symbol FEAC...
Where do you find the strike price and date for the Monocle Acquisition warrants? The company doesn't appear to have a ...
Thank you Travis. Presently I have 12,000 shares of HYLNW (SHLL-WT cost me at $4.60 each, I sold a bunch above $20.00),...
Warrants do not give you shares, they give you the right to buy shares at the strike price... which for SPACs is usually...
Dear Travis, After I re-read your answer, I still did not quite understand this part: " So you should be able to submi...
Thank you very much for your detail explanation of redeeming or exercising of warrants. Before I asked you this question...
If you hold the HYLNW warrants, and the deal is complete, you should be able to exercise them. I haven't looked at that...
Selling and exercising warrants should lead to roughly the same short-term returns, theoretically, but there are plenty ...
Dear Travis, I think most of your members know how to buy and sell stocks, just like me for example. However investin...
Dear Travis, Now I know how to exercise my warrants. In DKNG case, because I did not know how to do it, what I did fir...
I found yet another SPAC that looks kind of interesting, even if I can't find any comments about it: NFIN. They are goi...
Haven't looked at Hyllion, and I can't provide individual advice, but the general picture is that once the shares are re...
Dear Travis, I like to invest in SPACs, but mostly the Warrants. After reading this article, I am really and really conf...
Thanks for everything, as always. Two FEAC Q’s. First is an “am I looking at this properly?” At today’s cl...
Unless the deal specifies something different, the warrants change name/ticker along with the shares, but are otherwise ...
Shares of FEAC do not include warrants. When SPACs go public initially it's as a stapled unit, so in FEAC's case it was...
Another question about this. When you buy shares of FEAC, do you get warrants automatically or do you need to buy FEACW ...
How long did it take to receive the certificates and warrants?...
I have been a member since 2015 ---Avi and his team have saved and helped us earn thousands of dollars --the saving co...
Typically the warrant follows along, would become LAZRW. The intention of SPAC warrants is that they will provide a fiv...
In all fairness, the customer reps may not be able to provide you the information even if they want since this would be ...
The thing with any junior mining investment is that you have to know so much more about the company than most people are...
"This might be from his new publishing firm Bold Profits instead of Banyan Hill." It's from his Secret Portfolio, a se...
Travis, SPAC........"They are not for the timid..." I like to invest in SPAC, especially in warrants because they are i...
Private warrants that are attached to early or PIPE financing are common, and you can’t really buy those on the second...
How do you go about buying warrants and do you convert them to owning shares eventually? Any guidance on this....
Dear Travis, Not long ago you mentioned 2 SPAC: IPOB and IPOC. I bought both warrants only. (Cheap) IPOB will merge wi...
“Q shares” is just a reference to Warrants — they trade like stocks, but review the details carefully (strike pric...
Which Graf? Graffiti Industries, Graf Warrants?...
Yes, terms are not always identical but generally SPACs that don’t find a deal in two years have to return the money (...
Hi! The Class A Warrants that were already held had a price of $2.32. That is why the early execution gave IPWR $2.7M ($...
Wakingup, Thank GOD YOU CORRECTED Travis' mistake, I knew I was right to begin with. Like I say, I only buy warrants for...
You're right, sorry, the warrants are for full shares. I made a mistake on that in skimming through the filings. Will c...
Travis, I bought 5000 warrants of TRNE (TRNE-WT) couple days ago about $1.09. Good news out this morning.............
Hey Travis, First off, appreciate your posts - always thorough and objective! I'm wondering where you got the 1/3 warr...
Are you sure of the strike price on the new warrants? It's unusual for a company to issue warrants with an exercise pric...
Yea, some of these have definitely cooled off a little. I am wondering if this will turn into waiting for news to spike ...
Are warrants the only way right now to purchase the stocks? What about buying the SPAC company stocks?...
Travis, Since warrants can be traded freely as stock, I usually sell them once the ticker symbols change. For example, V...
Travis, First time in my life, I am way ahead of the teaser folks. I have both companies in WARRANTS ONLY. Do you reme...
They sent me their filing with the SEC as well as my certificates for the stock as well as the warrants. I’m very imp...
David, I agree with you. Once you subscribe to one, the emails are never-ending trying to sell you another subscriptio...
I did not. Saw a bounce in the price when that came out. Haven't looked at them since. I am an options or warrants guy...
Travis, I do not have a teaser for your paid members, but I have another SPAC for them. Let us all make MONEY, OKAY? ...
Cattleman, SHLL : The merger of Tortoise and HYLIION will be competed by the 3rdQ2020, from now till that date, shar...