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Sanrith Descartes

Sanrith Descartes

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PSTHWS (PSTH Warrants) went crazy early this morning. They closed just above 6$ on friday and meandered about in that range. Then someone early this morning bought about 5000 at around $9 a share. Then it drifted back down to around $7.
 
Sanrith Descartes

Sanrith Descartes

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That face you make when you are reading the prospectus on a brand new SPAC and it says "a blank check company targeting an environmentally sustainable business".

1600088437659.png
 
Sanrith Descartes

Sanrith Descartes

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Araysar said:
I bought 17 shares about an hour ago. They were already up by $40 by then from last night.

Was flat for an hour but now it looks like its gearing up for another surge
Click to expand...
Be mindful of the UK. They have a law that allows them to step in on deals for various reasons. Depending on what they say it could cause some volatility to the downside.
 
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The only thing I'm fairly certain of is that softbank will find a way to lose money. If Nvidia rockets up enough I'll probably grab some puts on it for a few months out.
 
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Sanrith Descartes

Sanrith Descartes

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This bears keeping an eye on since the market caps of the companies involved greatly impact the total market. Big Tech are starting to take some shots at each other and are jockeying around with the DOJ. MSFT has already done this dance and is probably in the safest position. GOOG and AMZN might be in the most precarious.

www.marketwatch.com

Big Tech is turning on one another amid antitrust probes and litigation

“Battle royale” evokes images of professional wrestlers engaged in a free-for-all brawl in which combatants eventually turn on one another until there is an...
www.marketwatch.com www.marketwatch.com
 
Araysar

Loser Araysar

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Sanrith Descartes said:
Be mindful of the UK. They have a law that allows them to step in on deals for various reasons. Depending on what they say it could cause some volatility to the downside.
Click to expand...

I dont expect to stay in it for longer than a few days, just looking to make a few bucks and

3q2G.gif


Will keep an eye though.
 
Sanrith Descartes

Sanrith Descartes

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Araysar said:
I dont expect to stay in it for longer than a few days, just looking to make a few bucks and

3q2G.gif


Will keep an eye though.
Click to expand...
That didn't take long..

www.reuters.com

Asked on Arm deal, UK says will take appropriate action

Britain will not hesitate to take appropriate action over a takeover if it has a significant impact on the country, a government spokesman said, when asked about Nvidia Corp's $40 billion deal for chip designer Arm.
www.reuters.com www.reuters.com
 
Sanrith Descartes

Sanrith Descartes

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TSLA stock appears broken. I guess Elon didnt get the memo that today was supposed to be a big up day.

Edit : Memo received. + 3.5%
 
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Araysar

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Sanrith Descartes said:
That didn't take long..

www.reuters.com

Asked on Arm deal, UK says will take appropriate action

Britain will not hesitate to take appropriate action over a takeover if it has a significant impact on the country, a government spokesman said, when asked about Nvidia Corp's $40 billion deal for chip designer Arm.
www.reuters.com www.reuters.com
Click to expand...

LOL, son of a bitch. Dont they have anything better to do like investigating people over offensive FB posts?

I'm still in the green but this is starting to look ugly.

1600090857780.png
 
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Sanrith Descartes

Sanrith Descartes

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Araysar said:
LOL, son of a bitch. Dont they have anything better to do like investigating people over offensive FB posts?

I'm still in the green but this is starting to look ugly.
Click to expand...


I would also be mindful that the tech sector hasn't done well holding on to morning gains the last week or so. 11am and things could start getting soft.
 
Sanrith Descartes

Sanrith Descartes

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Sanrith Descartes said:
PSTHWS (PSTH Warrants) went crazy early this morning. They closed just above 6$ on friday and meandered about in that range. Then someone early this morning bought about 5000 at around $9 a share. Then it drifted back down to around $7.
Click to expand...
Up 21% today as other trading platforms get their shit together and people can trade them.
 
Sanrith Descartes

Sanrith Descartes

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The biggest challenge right now is the markets trying to figure out how to unfuck the share prices of AAPL and TSLA after their insane stock-split run-ups. AAPL has such a huge influence on the indexes that when it deflates a bit it drags down the S&P 500 and Nasdaq indexes and the algos puke in response. They need like a 2% down day followed by a couple of 0.5% up days to slowly get the prices in line without crashing the overall indexes.
 
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