Wells Fargo TARP warrants – requirements to break even fell dramatically
In a previous post I wrote about Wells Fargo TARP warrants, we saw that back then we needed 75.4% return from the stock over the warrant life to break even, or about 8% return per year. Back then the stock traded at $29.14 per share and $9.78 per warrant, or a price ratio of 2.98… Read More »