Seeker, live with passion, will never stop learning.
Be yourself, who you were intended to be.
"You be strong, you survive... You stay alive, no matter what"
@HulkCapital FWIW, RXT Exactly tagged the 8ema and the snap back is 18+% from that point. My first target is $9.35. Goes without saying -- In this market a lot can happen to derail that hypothesis. Computers/Algos like formulas like Fibs and moving averages.
@gvictor808@FoxNews Watching the video closely those 2 were carried to that spot by the crashing waves - wow! lucky to be still here! I wonder how far they got pushed by the water.
An update on Pershing Square USA, Ltd. $PSUS:
Since its IPO on April 29th, PSUS has deployed nearly 85% of its capital in 12 companies including Amazon, Microsoft, UBER, Meta, Brookfield, Restaurant Brands, Fannie Mae and Freddie Mac at prices we believe to be extremely attractive.
The PSUS portfolio, along with the other Pershing Square funds, also includes four new companies, which we will disclose at the time of our second quarter report.
As a result of our investment activity over the last six weeks, we believe the PSUS portfolio is now invested in a number of the highest quality durable growth companies in the world, which are trading near their all-time lowest valuations.
Furthermore, as of this moment, PSUS is trading at a ~20% discount to the net asset value (NAV) of its underlying holdings so a buyer of the stock at today’s price is acquiring the current portfolio at a double discount. We believe the PSUS discount to NAV has emerged due to short-term technical factors related to the IPO that should moderate over time.
Pershing Square management and affiliates are all-in, having acquired more than ten million shares or $500+ million of PSUS in the IPO and in the market thereafter.
In summary, we believe PSUS and its portfolio holdings represent an extremely attractive bargain at today’s share price and we have put our money where our mouth is.
@HulkCapital I was looking at these options and I was astounded by the NEW sheer volume expiring this week (in the millions$) in deep in the money options - I bought the 48's just before the close!
Americans deserve free, fair, and honest elections. It’s time to require an ID to vote and prevent non-citizens from voting.
We need to pass the SAVE America Act.
I agree, let's see what actually happens. I do not think of them as stupid. However, I do think external pressures force them to make choices. We should hope and pray for peace which is best for humanity. My thoughts and opinions come from observing their actions and not putting much stock in words or even the first news reports.
In war as in many other things, though, hope is not a viable strategy. Lastly, Iran played a part in many terrorist attacks and the Oct 7 massacre. This should not be forgotten. We will be witnesses to what transpires and what consequences come from the actions of all those directly involved. It may be some time before we know all of those consequences and outcomes.
@HulkCapital Saw an interesting chart on the lockup dates on this monster. If I can find it again I will post it to my feed. That's when I am buying this puppy. As you say, plenty of opportunities to buy post IPO!
EX: HOOD
@StockOptions888 Great call - not sure how many lives got changed if the volume stats are accurate- but anyone whose life changed should give you an attaboy on here!
For the life of me when you got a one point lead and you got the rebound, you don’t need to take the shot. Love D’Aaron Fox but that is not a veteran move. I know he had the breakaway but you’re in the lead with less than 24 seconds and you got the ball. Hold the ball, make them foul you. Spurs beat themselves again. Anunoby highly underrated player.
@HulkCapital Wow!! Gotta hate that kind of thing when you seeing that winning bet go south. (Have had it happen a few times for me in fantasy, on both sides.)