NEW SYMBOLS
Dave Nelson: “Hey, has the symbol for Aldabra II
warrants changed? It hasn’t showed up
for a couple of days.”
F Aldabra 2 is now Boise, Inc. – BZ – with the symbol for the warrants,
BZ_t or BZ+ or who knows what else, depending on the service you’re using to
get a quote.
SYMS, meanwhile, after its aborted self-delistation*, has gone
back to being SYMS.
*I know “infinity”
is a very long time, but the idea that an infinite number of monkeys typing for
infinity would eventually produce one of Shakespeare’s plays – or even one of his
sonnets – is silly. Since the dawn of
time, with more than 6 billion people on the planet, not one of them has ever
previously typed “aborted self-delistation.”
Think about that..
NAQ
This Special
Purpose Acquisition Company has not changed its symbol, sits on about $400
million in cash looking for an attractively-priced acquisition, and sold
yesterday for $9.30 a share. The
warrants, first written
up here three months ago, give you the right to buy the stock at $7.50 (if an
acquisition is completed) yet sold yesterday for just 69 cents. All the usual caveats apply (truly, truly,
truly), but if you have money you can truly afford to lose, it’s a speculation
to consider.
DO YOU STILL BUY BOTTLED WATER?
James Musters
suggests this
comic strip.
THE CREATIONIST’S DILEMMA
And speaking of
strips . . . Garry Trudeau strikes again.
LEAP FRIDAY
Have a good
weekend. A beagle – quite possible the
one that won Best in Show recently – ate the rest of this column. Shouldn’t Leap Year be a holiday anyway?