Seeking Alpha


Send Message
View as an RSS Feed
View SBAdams' Comments BY TICKER:

Latest  |  Highest rated
  • Does Share Dilution Warrant Concern For Ford Investors? [View article]
    Adam, thanks for this post. I don't trade F based on fundamentals, but have traded the warrants against the common quite a bit over the past few years.

    You're dead on in your dilution analysis, and the fact that this expiration is really a buyback. It's an interesting, and somewhat unusual expiration, because normally the company with the expiring warrants likes to get the cash from the expiration.

    I have a site that focuses on warrants, not F warrants (FWS) in particular, but I've been posting about the normal pattern of a warrant expiration and the unusual nature of the F expiration over the past week or so. It was very interesting that GM announced their buyback this week, and I just put up an article comparing the two events. It's at

    Thanks again for your post. I find this warrant expiration a VERY interesting event. Will be watching closely to see if the stock pops after the warrants stop trading on the 24th.
    Dec 20, 2012. 10:59 AM | Likes Like |Link to Comment
1 Comment