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Jonjones325

06/25/21 1:56 PM

#317427 RE: Bourbon_on_my_cornflakes #317423

Was thinking of selling some if it reached $50 near term. Totally possible considering all the circumstances.

Now, I’m not so sure what my trading plan is. Want to book profits and possibly get back in lower, but that doesn’t seem to be happening anymore.

The days of a sell off after a pop seem to be gone, at least for now. We’ve been holding our gains steadily.

Tough call for me.

Any pop on PDD results would be warranted. And more reputable analyst coverage would come quickly pouring gas on our fire.

Then in short order, 3-71 results. Followed by another Rett readout. Seems like a lot of news flow. Whereas before we were in long time periods without news.

Plenty of news now! Timing the trade is becoming very difficult.
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attilathehunt

06/25/21 5:18 PM

#317464 RE: Bourbon_on_my_cornflakes #317423

"Market cap should equal $20 billion discounted at 50% rate for 1.5 years

or $11 billion, $136 share now. "


This fact, I'm sure, has BP crunching numbers over the weekend and will strike shorty after the PDD data next week. Let's hope there is a bidding war...

Once the first bid comes in, options may be a great play since a buyout will most likely wipeout the time premium...