I think they’re bluffing. There’s no real reason for the deal to be blocked. They’re pandering to the swing state of PA for union votes. I think the deal will pass before the next president gets in office. I guess we’ll find out. Stay tuned!
Portfolio update:
I sold $TSLA in Jan of 2021 because I wanted to buy Space-X pre-IPO which unfortunately fell through. Since then, the current market conditions do not favor tech so I have been investing in commodities for the last year. My current favorite stock is $X.
It yanked because headlines said Biden was set to announce the deal was blocked. Since then I 10X my position and it now makes up 80% of my portfolio. I did this because I think they’re bluffing. I also loaded tf up on calls expiring between Nov and June.