New Workouts Investment Model
Fat Pitch Financials in partnership with Covestor is proud to announce the new Fat Pitch Financials Workouts investment model. You now have the option of opening a mirroring account that will follow the trades of my new Workouts portfolio. This unique model invests in workouts. Workouts are special situations where a corporate event sets the future value of a security. Such events include mergers, tender offers, going private transactions, liquidations, and the like. This model will take advantage of these arbitrage opportunities without using margin or short positions.
The Workouts model will differ a bit from the Special Situations Real Money Portfolio. Trading will be restricted in the following ways to allow for mirroring accounts:
- Market capitalization must be greater than $50 million
- Average daily trading volume must be greater than 10,000 shares
- Minimum time between counter trade (i.e. buy/sell) in same security 15 minutes
- No additional deposits will be added
Please share news of the new Fat Pitch Financials Workouts investment model with friends, family and colleagues that may be interested in a more passive way to invest in special situations.