🅰️pr

[Squawk Box @SquawkCNBC]

CNBC’s @Lebeaucarnews and $AUR CEO Chris Urmson hit the road in an autonomous big rig: https://t.co/tE14XnjfCe

[🅰️pr @ppurpa]

@aurora_inno @CNBC @Lebeaucarnews So don’t have an autonomous fuel truck deploy a fuel hose which connects to the semi while they both travel at 65 mph? 😎 but in all seriousness, keep up the great work! Happy to invest in your innovative company

[Aurora @aurora_inno]

It's been an exciting day! @CNBC's @Lebeaucarnews caught a ride with @chris_urmson from Houston→Dallas today in an Aurora Driver truck — no one behind the wheel. Live interviews all morning. https://t.co/W9qnCXeQA0

[🅰️pr @ppurpa]

@DanteePacheco Like “soon” soon? Or “imminently” soon?

[🅰️pr @ppurpa]

@corey407woc

[🅰️pr @ppurpa]

@ShawarmaCapital 2.17, which is already over with

[🅰️pr @ppurpa]

@pluggingaway @KUEHCK1 @AbelAvellan When you get pocket rockets and take a pot, say “LOOK…” in @AbelAvellan voice from earnings calls

[ChinoAleman @chinoalemano]

Are $MRLN insiders dumping shares?

No evidence of that so far.

You would know within 2 days (filing).

So what’s happening today?

Simple: the lock-up expired.

A huge block of shares that couldn’t be sold yesterday can now hit the market.

And here’s the part people are missing:

Most of these holders aren’t management waking up and suddenly deciding the company is doomed.

They’re early investors, venture funds and the SPAC sponsor.

For some of them, their cost basis is FAR below today’s ~$2.24.

Think about it like this:

You give someone $1,000 years ago.

Today, that investment can be worth $10,000.

You don’t necessarily care whether it might eventually be worth $20,000.

You’re a fund.

You have LPs.

You recycle capital.

You lock in returns.

You move on.

That selling has absolutely nothing to do with whether Merlin’s technology works or whether the company’s long-term thesis changed overnight.

It’s simply liquidity meeting an unlock.

And when a relatively illiquid stock suddenly gets a massive new pool of sellable shares…

Price does what price does.

The names covered by the Merlin lock-up include:

• First Round Capital
• Quiet Venture / Quiet Capital
• Bling Capital
• SnowPoint Ventures
• WTI / Venture Lending & Leasing
• Floodgate
• Harpoon Ventures
• BoxGroup
• Ahoy Capital
• MFCIF
• Emerald Bay Ventures
• Mark IV Capital
• Schox Venture Capital
• SV Angel
• Stanford / DAPER
• The Schiehallion Fund / Baillie Gifford
• Boom Capital
• Shrug Capital

Plus Bleichroeder Sponsor 1, whose 8.33M founder shares were subject to a separate six-month lock-up.

That’s the setup.

Unlock ≠ insider dumping.

Sometimes selling pressure is just selling pressure.

And eventually, the forced/liquidity sellers run out of shares.

[🅰️pr @ppurpa]

@NotMattGeorge @ShawarmaCapital @chinoalemano @pharmdaz Thanks for the update. I doubled my position in your company today on the dip. 😎

[🅰️pr @ppurpa]

@DeauxWork @thekookreport @leomgrahamm even if it doesn't amount to anything, it's fun to see the creative ways people use available tools to try to glean information

[🅰️pr @ppurpa]

@CatSE___ApeX___ lol, where is the Kook bottom on this scale? No Only 6 inches calling the bottom?

[🅰️pr @ppurpa]

@80s_channel “Joey, do you like movies about gladiators?”

[🅰️pr @ppurpa]

@pdxguy83 @TraderPazos @spacanpanman Any leading contenders you’re watching with market cap 1B to 10B?

[🅰️pr @ppurpa]

@GENIC0N Southwest Chief is an experience--taken it many times

[🅰️pr @ppurpa]

@SaraSevCadiz @Lovely___Ibiza Why yes, I also once randomly stumbled upon Aeon Flux on Liquid Television when I was a child

[🅰️pr @ppurpa]

@FranciscoSpace5 @jeff_foust Maybe they’ll deliver it to the wrong orbit—they’ve demonstrated proficiency at that

[Filing Tracker @FilingTracker]

$ASTS Insider purchased $619.2K worth of shares:

https://t.co/V4v9zMmyVk

[🅰️pr @ppurpa]

@SchopenhauerNow The rational response is suicide bar none. The “fuck you”/inspired response to all this is experimental “lived experience”/delay (if we are being honest). Neither approach a modicum of actual truth but does allow pause for experience. Hopefully “buying time.” Is that “faith?” 🤡

[🅰️pr @ppurpa]

@Space2Terra “Hi, doggy”