3309 Drysdale Ct
Edwardsville, IL 62025
WPF is Bill Foley's company, they are merging with Alight who
provides benefit solutions. They just acquired the Thrift Savings
Plan (huge military contract) late last year. He built the
largest title insurance company in the world from $3 million at its
start to over $13 billion. He brought the Las Vegas Knights Hockey
team to Vegas. He is an incredible leader and businessman. Click on
the about on WPF's page and read about Bill. I doubled my position
in warrants when they took them down to the $1.50s area the one
day. They are already back to $2+. The deal will happen.
WPF's site: https://www.foleytrasimene.com/
*Spacs have been on fire the last weeks. I have 7 positions
total and loaded the mess out of them when they all got taken down.
All warrants. I've seen massive moves, 50-100% on average in them
in that period of time. One thing I like to do is start with a
reasonable size, then if the market does something ridiculous or
they manipulate it, I double or triple my stake to get to the
allocation dollar wise I'm targeting. Two months is nothing when I
can achieve an amazing risk/reward and make my year after they load
and finally run them higher. Whenever crazy things happen, I always
go back to what I own and if anything has changed. If it hasn't,
then I'm in a position to invest with much less risk. As I thought
about these warrants, they were willing to give me the equivalent
of a 5 year option contract in the $1s. That is hilariously cheap.
It shouldn't even be possible.
I used to make the mistake of looking for new ideas when things
like this happened. Now I dig deeper and stick with what I'm doing
and usually add if the fundamentals are with me. Same deal with
TTCF, there was no reason for that stock to go back to $16, I just
said thanks, loaded it and its back to $23 now. Barring a market
event, my guess is that it challenges new highs at some point. I
know everyone's strategy is different, but hope what I share helps
someone that wants to grow their wealth and maybe can take some
things and incorporate it into their own style/plan. I read
perspectives here and its what the community is all
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!