Pershing Square Tontine Holdings Ltd fka PSTH

[Porterhouse10]

Stripe?

[MikeBK205]

Sorry. New to spacs. What’s the difference between owning the share vs the warrant ?

[koolmc]

been buying more warrants lately they are easier to move and moves quickly with momentum

[koolmc]

lol nice :)

[Always wondering]

Up to
1000 common
2000+ws
Adding every week and will until Bill tells me what I own haha

[koolmc]

yeah for spac expiration is 5 years but they can call it earlier after merger, i got both warrants and commons. Announcement is expected sometime first quarter but can before never know.

[Kk9]

Do you happen to know if the warrant is 1:1 conversion to common when you exercise? I know these terms are all different so wanted to ask in case you already know.

[Kk9]

Oh nice, that’s attractive, warrants at 8 bucks right now, so basically need it to gain anything over 8 bucks in a year which should be easy to do with any major merger, I just checked expiration is 2025, looks like imma buy some warrants too!

[koolmc]

strike price is 23 bucks

[Kk9]

What are the warrant terms? Expiration and strike price? 1 year of holding after merger, etc? Thanks in advance.

[koolmc]

lookd like announcement sometimes in first quarter

[koolmc]

cause peeps were buying in anticipation of announcement, since there was none goes back down, one of these days there will be an announcement and no looking back.

[food4thought]

What the shiznit. Big volume. Steady decline.

[koolmc]

yep

[Always wondering]

Like money in the bank. Adding constantly

[koolmc]

sold some commons on the spike holding rest for longer term, warrants still holding and will add warrants if they dip.

[koolmc]

psth 25.23 up

[koolmc]

sweet day here both warrants and commons moving nicely.

[koolmc]

new highs, man one of these days i just should load up on calls lol

[koolmc]

closing strong here

[koolmc]

last time it got this type of movement was due to fake bloomberg news, now imagine when they announce somthing real.

[koolmc]

warrants 8.19

[koolmc]

psth moving up eod, no fake rumours please

[koolmc]

nice warrants finally moving again

[Rockurstocks]

What a close! Excited for next week!

[food4thought]

The giant has awoke

[Rockurstocks]

Looking well here! Let's get over 25

[koolmc]

had to be frontload into that ny post bloomberg rumour news, it was slowly creeping up into that day like some one knew the article was coming

[koolmc]

still adding bit by bit on dips gl

[koolmc]

grabbed the warrants here on the dip gl

[koolmc]

now wait till they actually announce from their end what the candidate will be, a article from new york post made this go to 26 lol, even though it was rumour.

[koolmc]

In talks and Bloomberg denied it that is why it dropped today

[MikeBK205]

Wow! Amazing news. Congrats commons !

[Always wondering]

https://nypost.com/2020/10/20/michael-bloomberg-in-talks-to-take-his-media-empire-public/amp/

[MWM]

Bloomberg LP
@Bloomberg
Level 1:
A report today about Bloomberg LP ownership is not true. The company is not for sale.

[koolmc]

not confirmed, now this went on just in "talks" rumour imagine when they actually announce a candidate

[koolmc]

okay again it's a ny post article saying bloomberg "in talks" going with ackman not completed. Now if it get's confirmation from ackman gonna move more

[food4thought]

Oh baby. Tomorrow shall be fun...

[Always wondering]

Anyone hear w who?

[koolmc]

again they are in talks it's not confirmed but nice pop ah i will take that lol

[koolmc]

looks like it in "talks" need confirmation

[koolmc]

nice timing

[BrophInvest]

Bloomberg?

[Always wondering]

NICE POP AH

[koolmc]

warrants usually trade at a premium

[food4thought]

Wouldn’t the warrants continue to lag as the common increases seeing as the conversion is $21?

[koolmc]

at hod again, surprised warrants lagging

[koolmc]

near hod again

[Rockurstocks]

Grabbed some of those as well. Looking good

[koolmc]

yep been steadily moving since the beginning of the month, in ackman we trust lol.