Search results

XPOA.WS (warrants) hammered. -12% Trading $1.10 *edit* $1.07 / -14.5%

Oh yea, not completely irrational here..lol. Just a tiny piece.

6k shares were me dumping. Opportunity cost .. moved on and grabbed some more GSAH. Guess I am a sucker for spac pain.

Only thing that seems odd for the Bloomberg deal is, its been held up for "complexities that Ackman have been solving on their behalf" (per his WSJ interview). Bloomberg seems like it would be a pretty straightforward deal to me. Stripe / Plaid has complexities, Starlink has complexities .. I...

FTFY

Yep, I am pretty butthurt. 6k shares of XPOA across different investment accounts. Swing and a miss. $10.60 cost basis.

nvm .. it was a Fox Business article claiming insider info on PSTH & Bloomberg. I missed it was dated October last year. Could still be relevant info though, as Ackman said they've been in talks with a target since Nov.

PSTH nearly green on the day.

plebs

Me either. Made 2 trades on ATP already. Instant and flawless.

PSTH still holding some strength, all things considered today.

Coinbase (COIN) down 10.5%.

Bitcoin has hit buy support, then failed repeatedly. Just hit $30k and bounced again, but it is already down 1k from the bounce top.

Bitcoin $32k

COIN down 7% premarket. Day of reckoning.

34.5k flashed down.

Bitcoin dip buy was short lived. That 38k-36k spike down earlier was bought back up to 39k, but now right back at the lows dropping to 36k again. That margin selling is going to be a runaway soon. *Edit* just flushed down to ~35k level.

Bitcoin just spiked down from 38k-36k in one 5min candle. Its been bought back up for now, but that must have been one hell of a sell order.

Why on earth is RIDE up 25% today?

PSTH just cracked $26. Pulling in again.. but damn.

JFC

With Bill saying potentially "weeks" before a deal, it fired up a lot of enthusiasm and bullish sentiment. Just need to keep in mind, he said "weeks .. or we move to the next one". If this deal falls through, we are going to be right back to $22 or lower. Not sure he would announce when they...

Love watching premarket action sometimes. Nearly 4mil shares block trade on ABNB hit at 08:05am. That's a roughly $550m buy.

It's official: Dallas, TX and New York, NY – May 17, 2021. AT&T Inc. (NYSE:T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced a definitive agreement to combine WarnerMedia’s premium entertainment, sports and news assets with Discovery’s leading nonfiction and international...

Spacs!!

Stripe as well, but their last valuation was something silly like $95B, which would make PSTH stake fairly insignificant. True on Publix, Ackman flat out said in the interview last week that he’s got zero interest in grocers and that there is a lot of current disruption in that space.

Bloomberg would be a great business. It’s mature and is a cash cow with its terminal services. However, there’s not that great of a moat? Ackman also said it would be “recession proof” and “markets could stop tomorrow and still make money” That doesn’t seem to fit. Lastly, as mature as Bloomberg...

There are countries (UK) that outright banned vacation rentals for months. The entire country had basically been in full lockdown since December through March+ when the UK covid variant started going apeshit.

Most Americans still operate this way. "I can afford X amount per month house, car, etc." Real costs / common sense be damned.

Just announced Binance facing Justice Dept and IRS investigations. COIN lower with this news. @Sanrith Descartes

Fully agree, but there should be some personal responsibility too. People were just deluisional thinking house prices would just carry on as they were. Just like stocks, past peformance does not equal future results. Otherwise reasonably smart people were just oblivious to the glaring issues...

At the open, 236k share bid at 24.50 on PSTH ($5.7m). Wowza

If SPY can't hold 403.38, there is a pure air gap down on the daily chart to 400.67. Feeling we might be testing 400 today, which is a technical and psychological support level. If we give that up.. who knows? Plus heading into the end of the week? QQQs are running into an ascending support...

Wow.

500k share buys just hit. New high of day on PSTH.

AAPL just hit 100 day SMA. Market looks very weak here though.

Timestamps Ackman Quotes: 4:20 - "Been working on a transaction since November" 4:37 - "Get a transaction done in a relative short time.....weeks." 7:00 - "iconic, phenomenal, great business....."

Either way, I am excited. Adding up previous Ackman comments, they filed PSTH2 back in January and he recently said it would not go live until the PSTH deal is done. I think he is fairly confident in sealing this deal.

The long rumor has been Stripe, then later rumors swirled of a 3 way deal with Stripe + Plaid. Rumors for sure, but "complex" box ticked.