
Sunday, May 25, 2025 11:45:26 AM
2. No love lost between Bessent and Ackman
3. Even if you fully buy into Ackmans analysis and you can get a triple from here, wouldn't that same triple occur for the off-the-run 50 JPS with FAR lower risk than commons?
I've been very very transparent about my holdings and rationale. $10 exit on commons will likely be last commons trade for me in a while. If I miss $30-40 so be it....JPS from $18-50+ far better risk reward from here. And this comment is highly linked to Pt #1 above.
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