@SilbergleitJr@SilbergleitJr Do you still think that buyout / reverse merger is in play? Headed for a reverse split? Not sure how to approach my $1.33 avg bag.
Should I just continue to sell puts on the .50 strike?
3/ Later that year, @FTX_Official planned a launch for July 2019 and closed a $8M seed from several funds, announced in August 2019.
In one investor's memo, "Alameda & FTX" is cited as a risk, as well as concerns around @SBF_FTX's personal split commitment between the two.
The Definitive Thread on FTX
I met SBF before FTX started, and witnessed their rise and fall. I can't stand @nytimes's puff piece.
If anyone wants to know what happened, send them this.
1) $CLOV Clover Health Due Diligence Megathread:
Preface: Clover Health really popped on the scene in the end of 2020 / beginning of 2021. It was brought public after a reverse merger with SPAC led by Chamath Palihapitiya’s Social Capital Hedosophia III (Traded as $IPOC )…
1/ I received a lot of questions about the potential upcoming $WISH buyout or reverse merger. I figured a lot of retail investors do not have experience with buyouts and mergers so here is a thread to explain all the cases in detail... 🧵
@SilbergleitJr This may be getting way ahead of myself, but say that exact scenario takes place....are you selling your shares or is it more of a covered call opportunity?