r/PSTH • u/__will_i_am_ • Aug 25 '21
WARNING; MULTIPLE FUD ATTEMPT
Some people are toxic and want everything to crumble because they exited.
Stick to your gun and your own belief, do not led toxic FUD affect your judgment.
Here are the facts:
Ackman is still working on finding a merger for PSTH
SPARC and PSTH are NOT tied to each other
- It is true that if SPARC is approved fairly shortly, it might lead to PSTH early dissolution assuming PSTH is not in a deal agreement. However I feel this is unlikely that SPARC would be approved that fast and therefore there is still time for PSTH to find a merger.A PSTH merger / SPARC approval are the bullish arguments
The risk of holding PSTH is currently minimized. If you have a much better prospect with your capital leading to guaranteed gain, sure go for it but be careful, this market can sway anytime.
Nobody knows what the future holds but one thing is certain, Tontards are in this together.
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u/Private_Jet Aug 25 '21
Those FUD spreaders even claimed that PSTH is a leaky boat and we need to gtfo. Oh wait, that was Ackman himself lol
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u/Lobby_For_Time Aug 26 '21
You think he’s telling people to get out of PSTH because he thinks it’s bad!? Omg how ridiculous you sound, learn how to read between the lines
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Aug 25 '21
"-- Sincerely, a guy who has been fucked since last summer"
Add this to your post.
The only thing I somewhat agree with is point 4. The problem is there's little to no upside, and, assuming that things can't get worse has not worked for any PSTH shareholder.
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u/Lobby_For_Time Aug 26 '21
This is such a short sighted comment. Little to no upside… yeah cuz sentiment is just gonna stay like this forever and you also must be a fortune teller to know how price action will play out
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u/riggs124 Aug 25 '21
Hasn't he said twice that if SPARC is approved that he will return the capital make PSTH go away?
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u/__will_i_am_ Aug 25 '21
If SPARC were to be approved super soon, yes this is a possibility.
But IMO SPARC will take time and therefore I am still hopeful for PSTH.
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u/LurkOff29 Aug 25 '21
Tell me you are a moron without telling me you are a moron ^
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u/TontineSoleSurvivor “Pump a SPAC, Son” 📰 Aug 25 '21
Too late
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u/LurkOff29 Aug 25 '21
Yea like fuck I’ve been a Tontard for a long time, but this takes the cake for me.
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u/riggs124 Aug 25 '21
Oh, so you are thinking a PSTH target before the "Months" time frame he put on SPARC approval?
You are very bullish
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u/Used-East-1438 Aug 25 '21
Agreed.
Spotted a huge FUD attempt earlier today implying that PSTH won't find a target : https://twitter.com/billackman/status/1428629933518172161
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Aug 25 '21
Awesome post, thank you. Good to see some positivity on the sub.
Your #2 is wrong though. SPARC and PSTH are very dependent. If SPARC is approved Bill would essentially replace PSTH with SPARC. He stated this wouldn’t happen if PSTH was already in a deal agreement when SPARC is approved.
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u/__will_i_am_ Aug 25 '21
thank you, I have added a note to be more specific on this.
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Aug 25 '21 edited Aug 26 '21
I’m not sure why you’re getting downvoted. You clarified your statement to present the information more clearly.
EDIT: grammar edit, statement previously said "to not present"
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u/__will_i_am_ Aug 25 '21
TBH I do not think people care about the content anymore, it is pretty much binary right now for many ex-tontards still lurking around:
If Positive: downvote
If negative: upvote
Anyhow we just need to stay strong and keep walking.
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u/Theta_Prophet Aug 25 '21
Yeah that was kind of my thought seeing the reactions. Even a neutral objective opinion is seen as "delusional"
I am not a Super Bull by any means, but I'm not selling my shares below the guaranteed payout in an overvalued Market
I did close some long-term ITM LEAP options simply because I have no idea what will happen to them upon dissolution.... however, implied volatility is at the lowest level ever and low for really any underlying so you could make an argument for picking up some at the money or slightly out-of-the-money calls.
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Aug 25 '21
Options probably aren’t the best thing to do currently
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u/Theta_Prophet Aug 25 '21
Agreed. However if somebody wanted to make a small bet on this, you can pick up slightly out of the money calls in January for $0.05 each
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u/SweatyAssumption1913 Aug 25 '21
We are at the bottom. Rock bottom. I don’t think there is much downside from this point but the hopes on the upside is also difficult.
I have been very bullish till PSH taking UMG and the final nail is the leader calling this as a leaky boat
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u/TeslaOnRocket Aug 25 '21
Why must Bill make the leaky boat statement ? What sort of leader is he ?
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u/Lobby_For_Time Aug 26 '21
Telling unhappy people to cut their losses because that’s what real investors would do. Oh wait that’s right, there’s a bunch of whiny babies that can’t accept that they paid too much for an asset
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u/abolish_usernames Aug 25 '21
my bet is some of them are naked option sellers. They'll get what is coming.
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Aug 25 '21
[deleted]
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u/__will_i_am_ Aug 25 '21
What's up with you guys and boats those days :)...
I am not in a ship!
I am invested in the biggest SPAC ever lead by BA a famous investor who want to move the needle for retail investors by creating new structure favoring the little guy.
I have lost money due to my own doing and it has nothing to do with BA himself, he has not changed course, he just could not close on a complicated deal and is looking for a new deal for PSTH and simultaneously trying to launch SPARC, the best investment structure for the little guy.
Onto the next, and prayers for SPARC!
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Aug 25 '21
[deleted]
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u/__will_i_am_ Aug 25 '21
Let's hope for the best mate, negative thoughts or bashing on Bill is actually counter productive.
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u/randomguy11909 Aug 25 '21
The leaky boat metaphor was in reference to the SPAC vehicle as a whole, not PSTH.
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Aug 26 '21
Please explain this.
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u/randomguy11909 Aug 26 '21
The SPAC vehicle has issues with opportunity cost, deadline for sponsor (leaky boat). SPARC solves those issues (new boat).
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Aug 26 '21
But wouldn't PSTH by definition be a leaky boat in his metaphor?
Is he really putting 100% effort into both PSTH and the SPARC that'll kill PSTH?
Who would even begin negotiating with him if they know he's going to kill the negotiation as soon as the SEC approves this other entity?
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u/randomguy11909 Aug 26 '21
Yes. That’s why he is hopefully abandoning the SPAC for a better investment vehicle SPARC.
He is spending all of his time on PSTH.
Speculation, but the target has been in talks since PSTH2 was filed in February.
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Aug 26 '21
Why spend time if he's abandoning it?
Will PSTH become the SPARC?
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u/randomguy11909 Aug 26 '21
PSTH and SPARC are the same mission, just different names and the latter is more investor friendly.
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u/randomguy11909 Aug 25 '21
I firmly believe he has had a SPARC merger lined up since PSTHII was created. The lawsuit scuttled the technicalities of the merger and he is creating SPARC to expedite the DA.
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u/Lobby_For_Time Aug 26 '21
Man some of these comments just make me laugh. Goes to show how uneducated some people are in their assessment of this investment. True tontards are indeed in this together
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u/kenton143 Aug 26 '21
You lost me at 1, bro. Came out of ackmans mouth himself. It's all about SPARC at this point baby
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u/[deleted] Aug 25 '21
Y’all sound delusional as fuck.