NEW YORK ( TheStreet) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.Among the posts this past week were entries about Visa's call options, Northwest Bancshares and a Dr. Seuss classic. Please click here for information about subscribing to RealMoney Pro.
Monitise Update: Visa Weighs Its Options
Originally published on Friday, Sept. 27 at 10:24 a.m. EDT. Visa ( V) owns two separate options on Monitise ( MONI.L): Six million shares that don't have a date attached; and 43 million shares that are exercisable until August 2014. The six-million-share bucket was exercised yesterday (see below description). From my perch, it is a good sign that Visa exercised this bucket early.