Message Font: Serif | Sans-Serif
No. of Recommendations: 1
Thanks Bill,

Perhaps a lesson on the appropriate use of warrants would be ... wait for it... warranted. Ben Graham taught me that warrants = evil and in fact, the warrants were what scared me off of this pick. Perhaps justifiably so, given that their recent exercise seems to correlate with the 20% haircut. Not that a 20% haircut is a huge deal in the long run...

Anyway, I'd love to hear more thoughts on that. You're the master so your assurances are comforting but I'd love to understand enough to do my own analysis in the future (typically warrants go on my 'too hard' pile unless they are a very small fraction of the float).

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.