This is the third post about my most recent Special Situation speculative trade. On March 15th I posted the original recommendation after having bought the warrants at .46cents the day before. Last Wednesday, the 23rd, I asked if anyone took a shot. The stock STILL hadn’t moved out of it’s tight range but the warrants had risen to .67cents. This morning the stock continues to do nothing and the warrants are trading at $1.02, up another 24% today. This is just the beginning. When the stock does start to rise(it may be weeks or even months) the warrants will have to go higher as with almost all SPACS they convert at $10. I believe this company’s stock will eventually trade above the $10 dollar level(meaningfully so). That takes the warrants up dollar for dollar after $10 is surpassed.

Special Speculative Play