UWMC deep dive warrants expire in

    UWMC

    Posted by ridgetopab on 25th of Feb 2021 at 12:09 pm

    UWMC deep dive

    warrants expire in Jan 21, 2026 ,  (terms 1 wt + 11.50 = 1common sh) so really an out of the money Leep option today

    current warrant value implies stock price of 13.04 +/- for BE (i.e. current intrinsic value is 0 until stock price exceeds $11.50)

    UWMC implied p/e is higher than peers PFSI _ COOP _ RKT

    I'm up 37% so far

    Posted by fundamentalvalues on 2nd of Mar 2021 at 01:31 pm

    I'm up 37% so far on my position, happy to trail it all up now. Love buying things when nobody believes that have supporting fundamentals. That RSI was in the low 20s. Hilarious risk/reward opportunity. 

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