PSTH might come home to roost soon.... still my biggest spac. Just bought $PSFE IN long term portfolio

like
Posting as :
works at
You are currently posting as works at

Well, hope you like music. I don’t like the deal but it will likely perform well over the long term. Likely a lot of sell pressure prior to the close of deal. Remember, tontine warrants are assigned to those who hold before merger

like

Not sexy enough for the mass retail. Institutions are already in from 20

like

I like it. NOT sexy which is why retail is leaving but they’re a solid company. Ackman will put this up for the next two weeks on all the big stations

like

I added more shares at 21.5 Friday. Average around 23. I only have 500 shares. Sold a bunch and covered calls over the last few months. The complexity intrigues me. I like the option to essentially play his next two spacs. I’ll be fine parking 10-20k in here the next few years and not looking back. The foreign shares are the only thing that is giving hesitation

like

You are really going all in... I’ll add more once I find out more about the foreign shares and how we will hold

like

Flipping some into strength this morning at 23.5

like

I am at full position on PSTH. I also have a message into E*TRADE to make sure I can even get the foreign shares

like

Full position turned into more this morning. No looking at it anymore

like

Disappointed is an understatement…

like

Yeah, I get it. Sucks. While everyone was complaining, I was buying everyday to build a position for the LT. I sold some but will be buying back close to $20. The 2/9th warrants are still attached and aren’t priced in

like

50% of my net worth is in PSTH. LFG!!!

You are nuts haha. Good luck.

like

I am. Upped it to 60% on the dip this morning!!!

https://s3.amazonaws.com/assets.empirefinancialresearch.com/static/Complexity+Creates+Opportunity+%E2%80%93+Our+View+on+PSTH.pdf

Good take from a former Sohn Investment winner and current Portfolio Manager.

https://yetanothervalueblog.substack.com/p/further-breaking-down-and-simplifying

Yeah I’m switching to IBKR

Same, planning to sell half and hold the rest.

Now his rant from last March makes sense.

Post Photo

Related Posts

Got an opportunity with PwC, Global Information Reporting team. Any suggestions? 49% Hike

like

Omg.. everyone is leaving. I'm a junior and there's no mid levels and seniors. Its just me and the partner and I have no idea whats going on or what to do. Firm says its trying but ahhhh!!!!!

like

Anyone can help me with getting a referral with Google,Microsoft or any other Saas company. I have over 2 YoE in Commercial Sales and currently at Dell. Any help is appreciative

like

How is WLB at a MM fund different from a MF? I’ve heard MF are worse on average, but what makes it worse? Is it just the hours, or is the work also significantly different?

like

Just payed over $30 for a 6 pack of Lysol wipes on amazon and I’m just happy I found some. But the fact I didn’t hesitate at all on the price shows what corona has done to me

like

Any news on opening Infosys office in Kolkata?Infosys

like

How many of us desis work at MBB? There are a ton in tech consulting in various firms but want to see how many are doing pure strategic gigs at MBB.

Can anyone tell me what is the notice period in optuminsight chennai

like

In the middle of creating my new website for my RIA. Thinking of having a money-back guarantee to attract new clients. It would not be tied to performance, but client satisfaction. Anyone done this?

like

Getting lonely in NYC! Trying to meet some fun and interesting women. DM me. 34 M🐠 here

like

What steps should I take to become a marketing manager in 4 years? I'm currently a coordinator but I'm very goal-oriented. Determined to achieve this!

like

What's the biggest stereotype about the marketing industry?

like

UHY Advisors Melville office is looking to hire across all positions for both audit and tax. We are a middle market firm with a great culture and excellent opportunities for growth. If anyone is interested in hearing about our opportunities please send me a message! I would be happy to connect and discuss our available opportunities.

like

I have an excel assessment with BRG Rx tomorrow afternoon. What should I expect with their assessments? If anyone here has gone through their interview process.

Starting my own freelance consulting gig, specializing in content strategy and CX. In a nutshell, I want to make content management easier and architect customer experiences. What can I do to help?

like

I have a new employee that started last Monday, unfortunately it’s not going to work out. Long story, but we’re fairly certain the individual is using Meth and appears to have started/restarted fairly recently. I work with physicians, so it’s a consensus. We have to terminate employment, but what ethical obligation do we have? Two young children at home and no spouse. This is weighing heavily on us.

like

How much is salary range for full stack specialist ( grade L6) role @bny ?

Can anyone help me with this information so that I can negotiate with HR/hiring manager accordingly.

like

I’ve been approached my by company that one of our large clients (who im currently project managing for) is looking for a consultant of sorts, and if they hire us, I’d be the first person asked to take on this consultant role. This isn’t something my company typically offers and would greatly change the scope of my role. Has anyone ever taken on a role like this? If so, were you able to negotiate a percentage of the consulting fee? Or was it a bump in salary during the project?

I just got a new credit card. It came with a Priority Pass membership. I always travel economy, I hardly ever get lounge access. I got excited, until I remembered I can’t travel and lounges are closed anyways. :(

like

Has anyone else felt like they were blindly drinking the “kool aid” about their PG/firm’s culture? As a 5th year associate who has only ever worked in one firm and has no point of reference for different “cultures”, I sometimes wonder if I’ve been brainwashed.

likefunny

Additional Posts in SPACs

Which SPACs do people still see upside for?

like

What happens to BFT when PSFE ticker is available for trading?

like

Any thoughts on VOSO and CND?

Thoughts on TPGY and EVBox?

like

Reallocated some of my WPF position to PSFE. They are post SPAC merger but both will be long term holds for me.

like

Anyone holding $APXT?

like

Trying to grow this bowl. Not a lot of contributors but huge room for big pays coming. Good luck all. IBM it’s about to get fun

likeuplifting

PSTH - keep an eye on this one. Up 50% here from NAV. Not sure ackman will pick a sexy name that drives momentum. Either way, big money behind this one and hoping for a good deal sooner than later

like

Do we think this market is just like oct / november with tons of opportunities? Or would realistic valuations returning crush the easy money in the SPAC world

like

Here is difference of thinking. I trimmed a lot of my adds from yesterday and this morning. These things. Ounces too fast too strong. I always sell into strength and buy weakness

like

Any SPACs we should be keeping an eye on?

Pretty new to investing. Can someone please explain what a SPAC is? And the difference b/w a SPAC and a VC?

Another SPRQ. Already up too much.

like

I am selling into these pops on psth. 50/50 chance the target disappoints the stripe crew and it dips hard. I’ll be buying a bunch of that is the case. Beware- 2/9th warrants are still attached to these shares so there is some premium in the price

like

How do we feel about FUSE MoneyLion merger? Response from the market seems pretty lukewarm sadly

like

What SPACs are you riding? I’m in SHLL, GRAF, LCA, SPAQ, OPES, CCXX, CCX, CCIV, and PSTH. Did great in DKNG and UTZ.

like

I’ll be taking a look at all the recent SPACs that had huge runs. The plan is to watch for momentum to start fading and play some puts at or around merger votes. A lot of these plays are priced to perfection on revenues 5+ years away. Will some make it big? Yes. Will some fail, yes. Also starting to watch the warrant exercise requirements. All of these have huge supply coming to market and I plan to be on the other side of the retail suckers

like

How do you value a SPAC that has an acquisition target identified? Shouldn’t the market cap of the SPAC = ownership interest in the acquisition x market value of acquisition x some risk %? What am I missing

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal