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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