DutchYurt wrote: » Compass pathways has popped up on my radar again who are developing psilocybin therapy to treat depression. I think it was mentioned here before. Their IPO was in Sept and the price seems to have settled around the mid 30 range, but of course still early days. Going to keep an eye on it for now but this could potentially be the stock that you lose your money on or get a 10x return.
Jim2007 wrote: » Any random individual can pick up the paper tomorrow, pick a trending stock and have the exact same odds (50%) of doing as well you do. I don’t see why you see that as something special!Over the past 30 years I knew I could not make money out of trading, but we could out of traders and we did.
AmberGold wrote: » PSHZF, his fund as opposed to SPAC is listed on the LSE.
bcklschaps wrote: » Whats the significance of FTSE100 ? PSTH is listed on NYSE.
RIGOLO wrote: » PSH is Pershing Square Holdings - Ackmans main fund vehicle PSTH is the SPAC blank cheque - one Im loading up on PSTH-WT are warrants for the spac (there may be some trading restrictions on when you can sell these post a merger, open to correction) Ackmans has had success with SPACs in the past his Justice Holding did a similar deal in 2012 with Burger King to form QSR and thats done consistently well for PSH since. And yes Ackmans PSH is undervalued by any metric you want to take. Heres just one ... FTSE 100 companies are trading at 1.5 times book value on average , whilst PSH is trading at a 20-30% discount. Thats undervalued! but Plenty companies are undervalued , doesnt mean they get the love, plenty companies are overvalued making millions billions for investors. The games rigged you just need to figure out if its worth holding and them eventually getting a justifiable re-rate on the sp. Chinese EV companies will be releasing November delivery numbers this week, expecting some good figures for NIO, LI and XPENG in that order .. if one delivers then the others will follow, if all 3 beat expectatiosn we have another major legup And just like that bitcoin back above 18k . risk off is the motto for the end of 2020.
Jim2007 wrote: » Any random individual can pick up the paper tomorrow, pick a trending stock and have the exact same odds (50%) of doing as well you do. I don’t see why you see that as something special! Over the past 30 years I knew I could not make money out of trading, but we could out of traders and we did.
cronos wrote: » What entry price are people looking at for psth? How high's the risks? What are the risks?
Deleted User wrote: » How do you make money out of traders? Selling a how to trade book/"course" ?!?
Jim2007 wrote: » Over the past 30 years I knew I could not make money out of trading, but we could out of traders and we did.
Jim2007 wrote: » First of all is it actually under valued or just his opinion? Remember he has something to sell. Next keep in mind that on average these vehicles have a return of about -15% and a median of about -35%, that means they need to be highly under valued if the investor is to manage the risk and get an appropriate return. Be very careful with these type of vehicles.
RIGOLO wrote: » I let everyone even noobs work out who is the genuine investor trader (wins some loses some but at least trades) and who is just taking up space on this thread and never makes a stock pick ..... going forward people can make up their own mind who they want to listen too
One More Toy wrote: » What's the ticker for this out of curiosity RIGOLO? Will follow it with interest
One More Toy wrote: » In fairness I've only made my opinion available on one stock - Draftkings. And even then its a long term hold I believe in Bill Ackman and want to join in on the SPAC ride for the first time
Jim2007 wrote: » First of all is it actually under valued or just his opinion? Remember he has something to sell. blah blah blah
One More Toy wrote: » I've invested in perishing the past couple of years (mostly after watching the documentary about herbakife) I'm up 93%
AmberGold wrote: » A fair amount of commentary out there currently re Ackmans fund (as opposed to his SPAC) being undervalued. ‘Pershing Square Holdings Very Attractive At 28.5% Discount To Understated NAV’https://seekingalpha.com/article/4390799-pershing-square-holdings-attractive-28_5-discount-to-understated-nav
RIGOLO wrote: » We all have limited time, so this weekends research was not spent (yet) on upcoming earnings but in reading PSH Pershing Square Holdings (Bill Ackmans fund) June semi-annual report, all 47 pages, its a cliffhanger, I cant wait for the movie. So Id begun building a position in the PSTH SPAC (thanks to ambergold who alerted me to it) and based on the report Im increasing that significantly in coming weeks. Its the largest blank cheque spac in operation 4 billion in investor funds , 12 billion was bid, and they shut it down after 2 days it was so oversubscribed. PSH have option to add 1-3 billion making it 5-7 billion in total. Lots of rumours and public comment from Ackman himself saying he is having discussions with alot of well known private entities, airbnb, bloomberg and stripe. I think Stripe is the one he wants, PSH need to add a fintech to its portfolio, they are overweighted to restaurant and hospitality. And when you consider PSH made 40% gains even with major holdings in those sectors it shows how well managed it is as they hedged early for a shutdown and won big. Also PSH is in 101-105th position for FTSE100 rating, Ackman wants addition to FTSE100 and becoming an index funds target, he doesnt understand why PSH is undervalued and isnt already in, but Im betting he is betting on the PSTH deal when its announced getting them over the line.Also Ackman has reduced the normal SPAC founders shares and commissions, so its all benefiting the spac investor. Once the merger is announced I expect PSTH to increase considerably. So its all about PATIENCE, we are entering a time of life and the seasons where foraging for food, stockpiling and hibernation will all pay dividends in the new year. Same applies to stocks and thats why Im gathering up all the PSTH nuts I can buy and expecting to feast on them come early spring at the latest. BlackFriday e-commerce up 22% on last year.. should be a few stocks out there that will report amazing numbers for Q4 based on this, just need to find the ones that dont have all of this priced in yet or have had a small dip. So again patience and ability to wait for the pop will pay off in 2021. this is all just opinion good luck all.
he doesnt understand why PSH is undervalued
cronos wrote: » Any recommendations for stock? Have Boohoo, Nio and JFrog currently. Planning to hold long term.
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