2min chapter

Forward Guidance cover image

The Most Misunderstood Asset Class Of All Time | Louis Camhi

Forward Guidance

CHAPTER

How to Sell a Warren for 10 Cents

A broker Ping me a few months ago saying Hey, I've got a guy who's like getting out of his SPAC book and he wants to sell his warrants In a deal that announced for 10 cents It was like, okay, I've actually studied the steal. Sometimes you're waiting for a liquidity type of event or liquidity across the board has really dried up for SPACs So you want to pick your moments and when you uh Pick your moment and when you sell Like an example: Your average warren at deal flows was trading 90 cents to a dollar And so there's but now on the flip side so that deal closes It's not so liquidSo if I want to sell it

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