OBAMA has won big in South Caroline over H. Clinton due to the great support from black voters. Now will the White then turn to Clinton? God konws but surely this is a great battle.
Now the interesting part is John Edwards, he is not quitting and still getting votes.
If this tight spread game continues then JE will become the biggest winner in this game because if one day he decide not to run for president then his vote can be given to either of the candidate and he will be able to benefit massively from this bargain.
So being number 3 is not always bad when you decision can be influential when you decide to join forces with no. 1 or no. 2.
Number 3 is worth working towards.
Sunday, January 27, 2008
Corner Stone Investor
Today's big headline is how much corner stone investor is losing money from lats year IPO. Even though these 'big people' were given discount on their subscription yet due to the market downturn in recent money and the 'lock up period' YTD the performance on some of their IPO is performing negatively. All of a sudden i realize how these investor can hedge their lost from these shaky IPO and that is through the issuing of WARRANTS. It's ISSUING. No wonder you can have more then 40 warrants out on the first day of listing. People are just hedging. What a tricky game to play.
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