I bought most of the TARP warrants in February 2011, at exactly the wrong time <G>. But what the hey, most of the TARP warrants expire in 2017 or 2018 so the TARP warrants have time to make things right. I did not get fills for the TARP warrants for Signature Bank, Texas Cap Bancshares, Valley Natl Bncp, Washington Federal that day. But I bought the remaining TARP warrants.
I noticed only 2 warrants have higher prices one year later.
The first winner is Boston Private Financial Holding warrants symbol, BPFHW, strike price of $8.00, expiration date of Nov. 21, 2018.
The second winner is Wintrust Financial warrants symbol, WTFCW, strike price of $22.82, expiration date of Dec 2018.
All the other TARP warrants have lower prices. The TARP warrants hanging in there are:
Capital One Financial warrants symbol, COF/WS, strike price $42.13, expiration date of Nov 14, 2018. PNC Financial Services Group warrants symbol, PNC/WS, strike price $67.63, expiration date of Dec 1, 2018. Wells Fargo warrants symbol, WFC/WS, strike price $34.01, expiration date of October 2018.
My remaining TARP warrants are seriously underperforming. |