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My 7k shares are in my Fidelity Brokeragelink account (self managed 401k). I need to do some reading on how it trades post-split.

It broke 23.50 by 1 penny and sold a bit. (Retesting the 20 day isnt a bad thing before continuing higher. Validates the move further.) Everyone is assuming a NYSE ADR listing. Euronext certainly doesn't trade with the same bloated levels as the US markets. It would certainly power this thing...

PSTH actually moving a bit. Can't wait for Ackman to actually hit the media circuit and pump this deal.

SPY in absolute beast mode.

@Sanrith Descartes I need to do some research on PSTH too. I have mine in Fidelity Brokeragelink, which is my own managed 401k. I've been out of the loop a couple weeks flying back to the US for a family emergency.

548k share block trade on GSAH. Crazy.

GSAH : Mirion Technologies rumor / leak. Monster block order, but now fading. *Edit* And now low of day and below 20D moving average. Spacs seem dead gentlemen.

What are the odds this goes straight to $20 if the SEC doesn't approve all of this? Particularly the conured up SPARC idea.

Good read: https://www.bloomberg.com/opinion/articles/2021-06-04/bill-ackman-s-spac-will-be-three-spacs?sref=9HT8lz40 @Sanrith Descartes the SPARC will be openly traded on NYSE. re your retirement funding scenario, you can sell the SPAR rights via the SPARC to someone else at any point. From...

It is Friday going into the close. You gotta take those profits off the table much earlier this late in the day.

GSAH just caught a bid. Spiked to $10.44 on considerable volume.

All depends on timelines though. You only put in your $20 SPARC cash after the SPARC deal is announced. It has a 5 year time horizon, so could theoretically take years (zero opportunity cost). You could have long since sold your post-IPO UMG, or any other holding in that ret acct, to fund the...

Now trading pre-listing price of <$21.50

Exp?

Well, that didn't last. $21.xx now.

PSTH back over $23 (for now).

Big ? on warrants too. Still supposed to get your 2/9 warrant on the completion, but ... Maybe we get clarification if / when Bill gets on CNBC / Bloomberg.

Yes, you need capital down the line for SPARC, but I view this as a huge win / win. #1 No opportunity cost. You essentially have a $20 call option for nothing, regardless of the length of time needed. #2 You only exercise when the DA is announced. You can have a blinding winner for $20 (known...

I have to admit, I think I am going to hold this long term. (6k shares in retirement account only, so I have the time horizon) SPARC deal of $10B and no opportunity cost? It is basically a $20 call option for zero premium cost. You have right to it after target is already disclosed. This huge...

Interesting thread read:

The big question I have here is, UMG will trade in a Q3 IPO, but on an Amsterdam exchange. Not a US listed company? How does that even work with a US brokerage? Does this trading on a Euro exchange have obvious negatives vs trading on US exchanges? @Sanrith Descartes @Blazin

This is the ELI5 version: PSTH DEAL BREAKDOWN First of all, we got a menu. The burger: UMG (Universal Music Group) But this burger is special. We are getting a premium burger, not the dollar one. UMG will IPO on the Amsterdam Exchange in 2021 Q3. We will actually get the pre-IPO shares. This...

Fuck me, Ackman redefining the SPAC game. SPARC gives PSTH common owners rights at $20 nav with no opportunity cost! Exercisable only after a DA. So, no locked up capital and you will actually know the target before exercising the $20? Rolls forward into future SPARCs? Man, this is a lot to...

PSTH Investor Relations Press Release: https://pstontine.com/wp-content/uploads/2021/06/PSTH-Press-Release-6.4.2021.pdf 3 for 1 deal? This is going to get a lot of press and attention today. PSTH shares are up in European markets.

https://www.bloomberg.com/news/articles/2021-06-03/amc-looks-to-issue-25-million-more-shares-after-2-300-rally?srnd=premium&sref=9HT8lz40 AMC prints new shares like:

What the? Reading some crazy stuff. PSTH to remain a publicly traded ticker. Current owners get UMG shares, plus 1.5B leftover in PSTH to find a second target!? We get a 2 for 1 deal here??

This guy right here. (He used the same phrase referring to PSTH1 holders getting first dibs on PSTH2 at nav)

Also re UMG: What is this? An actual profitable company for a spac acquisition?

Article from last year re UMG / Spotify (old valuation). https://www.musicbusinessworldwide.com/universals-stake-in-spotify-is-worth-over-1-6bn-but-its-got-no-plans-to-sell-up/

I had GTC orders set for 22 and 21.50 for months. Neither executed in the panic, as I hadn't set to GTC-EXT. #sadpanda This seems like a solid deal to me. Devil will be in the details for valuation / % ownership etc. @Sanrith Descartes to your above comment: Been reading UMG has some crazy...

It will be interesting to see how COIN reacts to this news. They have basically 0 moat for other sources of revenue, no?

50% of AMC trades today happening in the Dark Pools. Hedge funds doing their thing. The retail story is just media nonsense for views.

@Sanrith Descartes do the same on F. My boomer money maker this year.

You literally can't make this shit up... read the 8K filing for the new shares issuance for AMC. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001411579/000110465921076091/tm2118373d2_8k.htm 2nd page or so.. AMC literally telling investors not to buy their stock!!

AMC up another 20% premarket. Sitting at $75 currently.

Someone gonna roll AMC down a hill for a promo vid!? Side note.. you paper handed bitches: *not mine, but real

AMC closing in on $50.

Wow, AMC up 30% at ~$41.50 this morning.

I think that is more institutional buys with da potentially near. Lots of wacky price action over the last 2 weeks. Trickles down on price, then massive buy orders spiking price repeatedly over days.