Recent content by david_d

What will determine the value here is when the warrants expire. Six months is very short considering the 50 -50 potential of a major recession and market drop.

No value here. The shareholders will end up with worthless warrants. Word is strike price at 115% of new issue price and term of 6 months.

We are already in the beginnings of a contraction. The real estate bubble was created by an over extension of credit. Same happened with commercial paper. So, now assets are declining in market value and credit, which was reliant on increasing market values, has dried up. The evidence is in...