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Post# of 796502
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kthomp19

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kthomp19

Re: Potty post# 697315

Tuesday, 10/05/2021 2:21:08 PM

Tuesday, October 05, 2021 2:21:08 PM

Post# of 796502

lol, that quote is from Dec 2020, Ackman says the potential catalysts are...

SCOTUS decision -- whiff! Actually negative, cos SCOTUS is clearly anti "hedge fund vultures"

Trump/Mnuchin last minute release -- whiff!

Biden admin action -- TBD, tho not even on the agenda right now



Can't say you're wrong here. Ackman has his share of huge whiffs (Valeant, Herbalife).

If anything, I would say someone knows something about Biden plans -- hence sell-off in JPS with hedge funds dumping...



The runup was on relatively low volume, and today's selloff is too. FNMAS is flat compared to 3 weeks ago when the Calhoun rumors were circulating, though it did go as low as $2.16 earlier.

Got legal theories no plaintiff has tried? File your own lawsuit or shut up.

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