Abstract
Since a warrant has no tangible equity in the balance sheet nor earning power (in fact no value other than that which investors assign to its right or privilege to buy) it moves just as other types of securities, in a free auction market, with its fortunes firmly linked to the general prospects and price movements of its common stock. Usually, its movement sharply accentuates both the advances and declines of its related stock because of its leverage which, under certain conditions, can be enormous.
Keywords
WarrantBusinessEconomicsFinance
Related Publications
Effects of Cost Sharing on Seeking Care for Serious and Minor Symptoms
To estimate the effect of cost sharing on seeking care for serious and minor symptoms, we analyzed data for 3539 persons aged 17 to 61 from the Rand Health Insurance Experiment....
Urban sensing
Embedded networked sensing, having successfully shifted from the lab to the environment, is primed for a more contentious move to the city to where citizens will likely be the t...
Empathetic validity in practitioner research
This paper examines the concept of empathetic validity, that is, the potential of practitioner research in its processes and outcomes to transform the emotional dispositions of ...
A genealogy of control structures
The issue of program control structures has had a history of heated controversy. To put this issue on a solid footing, this paper reviews numerous theoretical results on control...
The authorship structure of “ecosystem services” as a transdisciplinary field of scholarship
Ecosystem Services is now a well-defined and active enough field of scholarship to warrant its own academic journal (this paper is published in the inaugural issue). In this pap...
Publication Info
- Year
- 1963
- Type
- article
- Volume
- 19
- Issue
- 1
- Pages
- 25-32
- Citations
- 3
- Access
- Closed
External Links
Social Impact
Altmetric
PlumX Metrics
Social media, news, blog, policy document mentions
Citation Metrics
3
OpenAlex
Cite This
Fred Pease
(1963).
The Warrant—Its Powers and Its Hazards.
Financial Analysts Journal
, 19
(1)
, 25-32.
https://doi.org/10.2469/faj.v19.n1.25
Identifiers
- DOI
- 10.2469/faj.v19.n1.25