Sul the Bull

Professional Trader

[Sul the Bull @SulTheBull]

@Kylechasse How does this make SUI any money. Pls explain.

[Sul the Bull @SulTheBull]

@Kylechasse How does $SUI price benefit from this in the long run?

[Sul the Bull @SulTheBull]

@Istocks3 @SouthwardVernon No it’s not. DEBT is part of the company. The bid is for the whole company’s assets and liabilities. Once the bid succeeds, he pays the debt off separately.

[Sul the Bull @SulTheBull]

@SouthwardVernon A £5bn or £6bn valuation.

[Sul the Bull @SulTheBull]

@redrua @Qatari It’s worth £5bn if someone’s willing to pay £5bn.
Same logic applies at £10bn once revenues double.

[Jim Bianco @biancoresearch]

ISM is out today at 46.3, the lowest since May 2020, the month after the COVID recession ended,

ISM started surveying in 1948. As this chart shows, this is the 16th time the ISM has been 46.3 or lower.

12 (75%) of these instances, the economy was either in recession or about to enter a recession.

The other four were:

April 2003
January 1996
April 1967
April 1952

So, not a bad recession indicator, correct 3 out of 4 times.