Ackman Bond Short. 4% to 5% Don't Overthink it ...addanfdakkfdandfaskpnpdfinpndpankniafnpadsnpfeanpfksadnpkfndpafnpdsppdknsnfdsdfna fpdpmjafsdoko [kads[kp faofadpomfoodsaomp
INVESTMENT CONTEXT Equities failed to sustain May 23 uptick, with bears firmly in control of the market sending Nasdaq in the low 11k bracket U.S. retailer Best Buy (BBY) missed EPS forecasts, but downplayed recession fears S&P Global’s Composite Purchasing Managers’ Index (PMI), a measure of the services and manufacturing industries, fell to 51.8 in...
Netflix pulled a squid games, (look up squid games crypto if you're lost) but honestly Netflix shit the bed. But now the beds being cleaned and you can start accumulating in this area $190 - $217 to sell in the mid $500's. Reasoning: Gap fill at $198 and lots stop losses hit me thinks <$200 and then run up to the top of the Ichimoku cloud on the daily which...
By now, if you haven't heard about Netflix's results then you've surely been living under a rock! The key driver of the price decline was the first decline in subscribers in 10 years in Q1... -200k But the real story here isn't Netflix's decline, but the way a one Bill Ackman has responded to the price decline. If you don't know Bill Ackman, he's the famed...
Today we were discussing the purchases of Netflix NASDAQ:NFLX by Bill Ackman: Ackman sent a letter to investors in his hedge fund saying he had bought more than 3.1 million shares of Netflix, the video streaming pioneer whose stock had seen such vast reversals in recent days that it had been trading at June 2018 levels. At Netflix’s current price of about...
Nothing much could be done to technically analyze PSTH given that it has a short historical data (just IPOed). However, given that it is a blank check company (SPAC) with potential to raise more capital to acquire long-term high growth companies and some hardcore value investor and highly intelligent men are behind this SPAC, we could only imagine the upside that...
If you trust Bill Ackman, his new SPAC Pershing Square Tontine Holdings looks like a great candidate for a very short-term covered call position. Ackman has been on fire lately. Last year his flagship fund Pershing Square Holdings was up 58% and this year to date he’s up 46% after he turned a $27 million hedging position into $2.6 billion as markets tanked in...
Ever since Uncle Billy Ackman offloaded, this POS has been rolling over. Don't own this stock or use it's products, just waiting for it's demise! I haven't posted a chart for a while, had to post this one!
Directional Bias: Long Price Target: 62 Good Entry: 54-56 Risk/Reward: $2 max risk/$7+ reward Bill Ackman on the comeback grind coupled with good technicals/price action. The daily 50 sma is providing rising support currently above 55. Trade Valid as long as 54 holds.
It is fun to sit back and watch two billionaires take different sides of a trade. You may have your favorite between the two billionaires or you may be a little more like me and ponder which side of the trade YOU would take if you were a billionaire. Someday we will find out which of them was right. But do they want to be right? I would say they just want to...
Looks to me like HLF is forming a right shoulder within an enormous potential H&S formation. Add the enormous bearish divergence within MACD and I'd say this is a very attractive short.
@1simpletrader: This is about to print an FU candle. True what they say, every dog has its day.
After all the scandal about Herbalife and Ackman talking against this company, from a merely technical stand point of view I must say, can't see why should not look for new highs. As long as the historic of this chart let's me view, we came from a strong rally, that were severely retraced 76.4% in log scale. This means that this or is the A or 1 of a structure,...