emt5380

event driven

[emt5380 @emt5380]

@davidellison Congratulations! Nobody better positioned to do it than you, looking forward to watching your team execute in the coming years.

[emt5380 @emt5380]

@JulianKlymochko @mk232323318639 Yes agreed. It was even posted on VIC as an attractive arb trade

[emt5380 @emt5380]

@MaldenDriveCap Direct flight from Newark …

[emt5380 @emt5380]

@SPACuity @JamesFreedom77 @GermCrypto Yes but they are locked til deal close so it’s a big bet that SPACs are still trading at big premiums…I don’t get it

[emt5380 @emt5380]

@MattJMcClintock Diff FTC today…

[emt5380 @emt5380]

@ACapitalLP It’s a vol targeting model so they recalibrate to live conditions. [$x] vol is generally the constant, position size will move around. Congrats on the new gig, let’s catch up soon

[emt5380 @emt5380]

@TheFinTwitGuy @ACapitalLP How are you coming up with $27 if they win? That range implies $12/share total value for this contract alone which seems high but maybe I am missing something

[emt5380 @emt5380]

@Sleepysolcap What additional info are you expecting that will reprice the CVR higher

[emt5380 @emt5380]

@RealAssetsValue So what is left and what’s the timing?

[emt5380 @emt5380]

@puppyeh1 Insane

[emt5380 @emt5380]

@puppyeh1 Or said differently, congrats to you for [hopefully] helping get closer to a better outcome for shareholders

[emt5380 @emt5380]

@puppyeh1 Why is this not a good sign? American director steps down after being associated with the proposal that shareholders pushed back on. Perhaps she agrees with you? Doesn’t this put more pressure on the remaining directors to revise the plan?

[emt5380 @emt5380]

@BrianLorraine1 Because the $4.23 price used for calculating the share adjustment from net liabilities? That is fair IMO, so much financing embedded in the current stock price.

[emt5380 @emt5380]

@mergerpie @puppyeh1 Does JBLU really want to use this defense though? They are overpaying by so much that they probably have to restructure if the deal goes through as proposed. Could they win the trial and then try to cut the price?

[emt5380 @emt5380]

@puppyeh1 @TheRealDavey2 @Feynman_19 That’s one reference point. Doesn’t mean it will work here. Plenty of differences as well. But worth pointing out

[emt5380 @emt5380]

@puppyeh1 @TheRealDavey2 @Feynman_19 Worked for Sprint / T-Mobile…

[emt5380 @emt5380]

@acidinvestments How do you come up with this? Sounds too high

[emt5380 @emt5380]

@JabroniCapital @LionelHutz_Esq If failing firm defense is ultimately what wins here, why won’t JBLU be able to use similar argument to cut the price?

[emt5380 @emt5380]

@qcapital2020 LOL

[emt5380 @emt5380]

@trapso888 So does that mean JBLU goes down 50% if deal goes through?