Related Posts
Anyone looking for a job or know someone who is?
Anyone know how to get added to the Tech bowl?
What is the salary cap for C3A grade at TCS ?
I LOVE ACCOUNTING
Additional Posts in SPACs
Well TSIA already up 100%. I’ll pass on this one
Anyone holding $APXT?
Who’s not buying BFT?
Up 200% on CCIV warrants and no DA or LOI yet 🥴
New to Fishbowl?
unlock all discussions on Fishbowl.
Conversation Starter
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
Conversation Starter
Not sexy enough for the mass retail. Institutions are already in from 20
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
Conversation Starter
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
Conversation Starter
You are really going all in... I’ll add more once I find out more about the foreign shares and how we will hold
Conversation Starter
Flipping some into strength this morning at 23.5
Conversation Starter
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
Conversation Starter
Full position turned into more this morning. No looking at it anymore
Conversation Starter
Disappointed is an understatement…
Conversation Starter
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
50% of my net worth is in PSTH. LFG!!!
Conversation Starter
You are nuts haha. Good luck.
I am. Upped it to 60% on the dip this morning!!!
I bought another 900 shares. Intrinsic value looks to be around $27. Ackman will also go on CNBC and all the others stations to explain the complexity and pump it up
https://www.barrons.com/articles/bill-ackman-spac-deal-universal-51622833744
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
https://open.spotify.com/episode/1XthwjIiYlnmQkbXbTPIJD?si=bRrdeaidQkKDgNgy4vBP0w&context=spotify%3Ashow%3A14GMQLrOKW0XohQVVxrdU1
Yeah I’m switching to IBKR
https://yetanothervalueblog.substack.com/p/so-the-sec-wont-let-bill-be-psth
Same, planning to sell half and hold the rest.
Now his rant from last March makes sense.