- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
waverly911
| Favorite team: | |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 181 |
| Registered on: | 9/19/2007 |
| Online Status: | Not Online |
Recent Posts
Message
re: Nebius - NBIS - AI Infrastructure Company
Posted by waverly911 on 4/18/26 at 1:07 pm to igoringa
The WLAC/BRUN warrants have two expiration dates - November '26 (unlikely now with the merger vote taking place) where if the vote is no then the price of WLACW craters. If the vote is proceed with the merger then this year's expiry is reset to October 2031.
Let's say the merger is approved April 30th then the ticker goes from WLAC ? BRUN and same with the warrants. Let's go with the merger succeeds.
Igoringa mentioned that "if the stock price is above 18 bucks, they can be redeemed for nothing". This leaves out a lot of details. Let's say the stock hits $18.25 on May 3rd, but closes at $17.80 then nothing happens and no starting trigger is set. If the stock closes above $17.99 for the first time at $18.01 on May 5th, that starts the trigger where 19 of the next 29 trading days the stock needs to close at $18 or above, so that the company would need to send a 30 day announcement or notice of redemption about the warrants for a penny.
You would actually have 30 days after this notice to clean up your account and sell the warrants on the open market or exercise them for shares. This scenario would mean early July. There is a two day window on the front end where you can't convert into shares, but you can buy/sell warrants.
If you ignore the redemption notice and do nothing to trade or convert those warrants, then at the end of 30 days, early July under this provided scenario, your warrants would be closed out and you would receive 1¢ for each warrant that you had.
The stock closing at $18 or above for one day does not mean the warrants are exercised for a penny each.
Big money is looking for some movement in WLAC ? BRUN. Earlier this week someone spent over $2 million on the WLAC August 22.50 calls when the stock was trading $12.83-$12.90. The OI on that line is now over 16k with that one person's trades representing 60% of the open interest.
After the merger vote goes through, the next catalyst would be the Super 8-K which would be filed on on May 5 or 6 and it would provide a peek under the covers to see what kind of real business Boost Run has.
Let's say the merger is approved April 30th then the ticker goes from WLAC ? BRUN and same with the warrants. Let's go with the merger succeeds.
Igoringa mentioned that "if the stock price is above 18 bucks, they can be redeemed for nothing". This leaves out a lot of details. Let's say the stock hits $18.25 on May 3rd, but closes at $17.80 then nothing happens and no starting trigger is set. If the stock closes above $17.99 for the first time at $18.01 on May 5th, that starts the trigger where 19 of the next 29 trading days the stock needs to close at $18 or above, so that the company would need to send a 30 day announcement or notice of redemption about the warrants for a penny.
You would actually have 30 days after this notice to clean up your account and sell the warrants on the open market or exercise them for shares. This scenario would mean early July. There is a two day window on the front end where you can't convert into shares, but you can buy/sell warrants.
If you ignore the redemption notice and do nothing to trade or convert those warrants, then at the end of 30 days, early July under this provided scenario, your warrants would be closed out and you would receive 1¢ for each warrant that you had.
The stock closing at $18 or above for one day does not mean the warrants are exercised for a penny each.
Big money is looking for some movement in WLAC ? BRUN. Earlier this week someone spent over $2 million on the WLAC August 22.50 calls when the stock was trading $12.83-$12.90. The OI on that line is now over 16k with that one person's trades representing 60% of the open interest.
After the merger vote goes through, the next catalyst would be the Super 8-K which would be filed on on May 5 or 6 and it would provide a peek under the covers to see what kind of real business Boost Run has.
0
re: Michigan media now pissing on Miles
Posted by waverly911 on 12/4/07 at 3:15 pm to supatigah
Supah,
Please remember the buyout of 1.25 equates to 2 million. It's genius. Michigan couldn't pay LSU the buyout fee directly.
Since it is written that Les would have to pay LSU personally, then his agent would ask for an extra $2,000,000 from Michigan. Why? Because whatever Big Blue would compensate LES is a taxable event.
He would need to get $2 million to cover the taxes and the buyout fee PLUS his annual salary. We aren't even talking about the state taxes. Do you really think they would pay Les $2 million PLUS whatever the negotiated first year salary was. We are talking about $5 million. Not likely.
LINK
Please remember the buyout of 1.25 equates to 2 million. It's genius. Michigan couldn't pay LSU the buyout fee directly.
Since it is written that Les would have to pay LSU personally, then his agent would ask for an extra $2,000,000 from Michigan. Why? Because whatever Big Blue would compensate LES is a taxable event.
He would need to get $2 million to cover the taxes and the buyout fee PLUS his annual salary. We aren't even talking about the state taxes. Do you really think they would pay Les $2 million PLUS whatever the negotiated first year salary was. We are talking about $5 million. Not likely.
LINK
re: What's Nick doing this morning?
Posted by waverly911 on 12/3/07 at 10:35 am to CC
Saban still has a house in Baton Rouge?
re: What turned Les off to Michigan?
Posted by waverly911 on 12/2/07 at 1:13 am to Aged Woverine
I get that there are deep pockets at Michigan. A fellow Wolverine said that Big Blue generates x millions with athletics and surpasses LSU by at least 10 million.
With that said, why was Coach Carr paid so little compared to the coaches in the SEC and not all of them have won a National Championship like Carr and none of them come close to the revenue Big Blue generates?
With that said, why was Coach Carr paid so little compared to the coaches in the SEC and not all of them have won a National Championship like Carr and none of them come close to the revenue Big Blue generates?
re: Kirks comments on ESPN news
Posted by waverly911 on 12/1/07 at 7:58 pm to drocke12
drockel2
You posted some of the smartest stuff I have seen in a while.
H-streit needs to man up. He won't give up his source (tigerdroppings.com coaching change board) of course
Les Miles can't leave this
LINK
You posted some of the smartest stuff I have seen in a while.
H-streit needs to man up. He won't give up his source (tigerdroppings.com coaching change board) of course
Les Miles can't leave this
LINK
Les Miles says "I'm at home"
Posted by waverly911 on 12/1/07 at 7:54 pm
Plain and simple. Said he asked his mentor Bo about the LSU job and Bo said that's a great place. Cholly Mac loves that place, loved that place. Les said "I'm at home now."
Cue the music LINK
How could he leave this?
Cue the music LINK
How could he leave this?
re: Les Said NOTHING !!!!!!!!!
Posted by waverly911 on 12/1/07 at 5:15 pm to TigahRag
Miles is super media savvy. He didn't reference Michigan because maybe one day he does go there.
Les Miles doesn't have time to get into details at a press conference. He basically called it to say get the F off my back. When he said have a nice day, he was telling those that started the rumor to go F themselves.
Let'er RIP.
Les Miles doesn't have time to get into details at a press conference. He basically called it to say get the F off my back. When he said have a nice day, he was telling those that started the rumor to go F themselves.
Let'er RIP.
re: ESPN Herbstreit's source disclosed
Posted by waverly911 on 12/1/07 at 5:01 pm to TigahRag
Of course H-Street checks it out. Who doesn't?!
Geaux Tigers
Geaux Tigers
re: Les Said NOTHING !!!!!!!!!
Posted by waverly911 on 12/1/07 at 1:07 pm to LSU CRAZY
re: WTF?
Posted by waverly911 on 12/1/07 at 1:04 pm to TigerFan11
ESPN Herbstreit's source disclosed
Posted by waverly911 on 12/1/07 at 12:58 pm
CBS is rubbing it in Kirk Herbstreit's face about him "breaking the news" that Les Miles was leaving.
CBS also disclosed that Herbstrit's source was tigerdroppings.com :lol:
Time to cue the music. Let's go LINK
CBS also disclosed that Herbstrit's source was tigerdroppings.com :lol:
Time to cue the music. Let's go LINK
re: T-P sez Miles staying; presser at 12:50 CST on ESPNews
Posted by waverly911 on 12/1/07 at 12:54 pm to lsugolfredman
CBS saying he is staying
re: T-P sez Miles staying; presser at 12:50 CST on ESPNews
Posted by waverly911 on 12/1/07 at 12:46 pm to Rocket
What channel is this new conference going to be on?
If he is staying, then I say let's start playing the music now
LINK
If he is staying, then I say let's start playing the music now
LINK
re: If Skip Was Going To Do This .........
Posted by waverly911 on 12/1/07 at 12:43 pm to TigahRag
I am lost. What are you guys talking about now?
re: Tigerdroppings.com radio confirms...
Posted by waverly911 on 12/1/07 at 12:34 pm to LSUgrad04
re: Miles To Stay, Signs Extended Contract
Posted by waverly911 on 12/1/07 at 12:05 pm to BayouTigers4Life
How is Skip Cheap? Miles was compensated more than Lloyd Carr was this past season and Carr has won a national championship.
re: Miles was full of shite
Posted by waverly911 on 12/1/07 at 9:40 am to Aged Woverine
Aged Wolverine,
One thing you and many others don't realize about his buy out is that Les has to write the check himself. Michigan can't pay it for him.
Let's say that Michigan pays less the 1.25 million, well it is a taxable event and Les is in the hole. To be made WHOLE, Michigan would have to pay LES roughly $2,000,000 to cover the $1,250,000 plus the IRS taxes and we are not taking state taxes into account.
If there is so much money, why did they only pay Carr less than $1.3 million and this guy won a championship for ya?
One thing you and many others don't realize about his buy out is that Les has to write the check himself. Michigan can't pay it for him.
Let's say that Michigan pays less the 1.25 million, well it is a taxable event and Les is in the hole. To be made WHOLE, Michigan would have to pay LES roughly $2,000,000 to cover the $1,250,000 plus the IRS taxes and we are not taking state taxes into account.
If there is so much money, why did they only pay Carr less than $1.3 million and this guy won a championship for ya?
re: Miles was full of shite
Posted by waverly911 on 12/1/07 at 9:34 am to Lsut81
I believe that he was not in contact with Michigan, but HIS AGENT WAS. The media should have asked if his agent was in touch with Michigan.
SKIP needs to tell Miles to get his check book out and write the check and we are not accepting it from MICHIGAN. That is not part of the deal.
SKIP needs to tell Miles to get his check book out and write the check and we are not accepting it from MICHIGAN. That is not part of the deal.
Miles to Michigan confirmed on ESPN Gameday
Posted by waverly911 on 12/1/07 at 9:09 am
Jeeze.
Michigan, thanks for waiting till after the game to speak with the hat.
I blame Miles for this too. Why not wait till after the game to talk to them? The job was not going to go away.
Who coaches LSU in the bowl game? What if we get everything to go our way and LSU goes to the BCS game? Who coaches LSU then?
Michigan, thanks for waiting till after the game to speak with the hat.
I blame Miles for this too. Why not wait till after the game to talk to them? The job was not going to go away.
Who coaches LSU in the bowl game? What if we get everything to go our way and LSU goes to the BCS game? Who coaches LSU then?
re: Is it good or bad that we can't keep coaches?
Posted by waverly911 on 12/1/07 at 12:44 am to Jimbeaux28
We have not been able to hold onto a good coach since the days of Cholly Mac. And look how long has that been.
For now I will have to console myself with a video
LINK
For now I will have to console myself with a video
LINK
re: Friday the last time Les Miles leads LSU into Tiger Stadium?
Posted by waverly911 on 11/29/07 at 11:04 pm to waverly911
Clearly, I don't know how to do links here. Accept my apologies. Just copy and paste it into your browser: www.suckitsaban.com/video_LSU_Football_team_ Down_the_Hill_Les_Miles_Glenn_Dorsey_Geaux_Tigers_suck_it_saban
Popular
18
