– Stepping on the gas: Daniel Yergin, author of The Prize, writes about the history of NatGas and where we currently stand
– Mapping the economic power of Cities: McKinsey research report on the top 600 economic cities in 2025 and the impact on the world economic power
– Buffett on US moving to plutocracy: Good interview w/ Buffett during his trip to South Korea
– Measurements that Mislead: We know that in investment world short term results don’t mean you will get similar long term results. But this is also true in many other fields
3 responses to “Weekend reading”
wow, yngff going off the cliff during the warrant exercise period. hope it recovers after april 14th.
Yes the warrant exercise period is quite volatile for the stock. You can see some recent insider transactions, lots of warrant exercise and some insider buying:
http://www.canadianinsider.com/coReport/allTransactions.php?ticker=yng
I’ve been adding on the dips.
Many warrant holders are getting their warrants exercised at huge discounts to current market price. When you have warrants exercised at $.07 or $.11 a share compared to the current market price of $.60, that is a huge gain to hold onto. Also we have had plenty of insider sales around $.80-$.90 share in the last couple of months. The early investors have huge gains and I would expect them to cash in on some of it.
I still believe in the turnaround story and think there is plenty of upside still left.