wrm.wt - strike 1.65, expiry 30.05.07 wrm.wt.a - strike 1.65, expiry 30.05.07
Same in every way, but they don't trade in sync yet, at the moment the dot A model has its bid four cents lower, and its offer five cents lower ..... go figure eh .... people not watching, i guess .... there was at one point a dime difference between them, over days, peaking to eleven or twelve cents at times
One thing was happening, they say, is people shorting the common and hedging with the warrants ... there's such a weight of fresh paper out on Wheaton, of which those warrants are a part .... at the moment i hold less warrants than common, wondering if maybe that hedging might get unwound some
[edit] - from Greenspan's speech - '"Should it turn out that, for reasons which we don't expect, but we certainly are concerned may happen, the pressures on the short-term markets drive the federal funds rate down close to zero, that does not mean that the Federal Reserve is out of business on the issue of further easing and expansion of the monetary base.'
ca.us.biz.yahoo.com
... heh heh .... a shortage of fiat money, you say? ... ah, just watch what happens when i pull this lever here |