Pershing Square Tontine Holdings Ltd (PSTH) Quote

No, lol

Is this stock ever going to do anything? Can't believe the founder has not done something yet with this.

yep thanks for the info, just saw that gl

deal anouncemet next week...finalized in dec....stumbled across info on twitter...
Be well

hmm intraday spike

one of few spacs that let me down, but you never know ackdouche might pull a rabbit out of his ass down the road on this one

Post Mortem

For those interested, CNBC spent 20 minuted glorifying UMG and pointing out how the stock is up 40% since IPO.

I checked into it.
The stock is down on the 1st day of trading.
And it is down almost 10% since IPO on Sept 21, 2021
CNBC is playing the old game of pretending that what a stock is priced at is what it opens at for the public to buy.

I ended up taking a loss. Might regret it but I'm not in the position to sit and wait, made up my losses here in a couple days moving the money. May just back in if it drops below 15s

Any thoughts. I don't know what to do on my position. Feeling so let down though.

Not a great day but definitely not a bad day here for 1.5mil shares trading

depends on how long you are willing to hold, so far play been so-so expected much better movement, maybe by end of quarter when deal completes.

Will they get back to 30 a share???

Hold steady and slowly move your way back to 30 you little snake

5% today! You still holding?

5% today! Thats a nice move. Let's keep going with this 8 ball

Little bit of movement today. Not bad

You and me both. This should be blowing up in my opinion. Not sure why. Have a $30k position here i bought a week ago..planning to add more

I cannot believe how dead this thread is.
Ackman is on the move:
https://pstontine.com/wp-content/uploads/2021/06/Pershing-Square-Tontine-Holdings-Transaction-Overview_vFinal.pdf

https://www.reddit.com/r/PSTH/comments/nw78v3/daddys_here_with_the_psth_breakdown/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

PSTH Good explanation of what will happen

https://spacinsider.com/2021/06/04/pershing-square-tontine-holdings-causes-sparcs-to-fly/

SUMMARY
All told, this is a pretty innovative move on Ackman’s part. He somehow Harry Pottered PSTH by taking the one SPAC vehicle and created three new entities. It’s financial magic!

The only problem is, retail has invested heavily in PSTH and this is a very complicated transaction. If they can’t wrap their heads around it, you can be sure they’re going to hate it. But…since this “deal”, and I use that term loosely since it’s not a merger, will not happen until the third quarter, there is plenty of time for PSTH to market this transaction and make it understandable.

Warrant holders tossed in the wood chipper!

* * $PSTH Video Chart 06-04-2021 * *

Link to Video - click here to watch the technical chart video

Google PSTH universal. WSJ is the primary source.

Where is the chatter about Universal Music?

Wow. Nothing. That's funny. If UMG, here's their artist list. https://en.m.wikipedia.org/wiki/List_of_Universal_Music_Group_artists

https://www.benzinga.com/news/21/05/21281683/ackman-says-spac-has-a-target-likes-the-business-loves-the-management-team-is-working-to-complete-a

yeah hopefully it goes through cause if it doesnt gonna go back to nav and will pick up some there.

Well, now we know what is happening.
Here is the interview:


Summary:
1) PSTH has been working since early November 20220 on one big target.
2) They now want to conclude the deal in the next week or two or move on.
3) It is a big name that everybody will recognize.
4) The company will have good growth for years ahead.
5) IMHO, Ackman chose to tell the WSJ this because it is a polite way of telling the target company that the time is up. We have spent 6 months on this and you need to agree or we are going to terminate the whole process and move on to another company.

Very exciting. 50-50 chance of something very big in the very near term.
I have been waiting a long time and was almost ready to give up.
We will know soon.

WSJ article. BA said a few weeks or start over.

Up 7.7% in a really terrible down market?
There has to be some news somewhere!
I can't find any.
Has anybody heard anything from a credible source?

Good. Maybe I won't have to roll my June calls.

looks like cautiously optimistic in few "weeks" we will see, that's why the green today

true been holding this long and it's close to nav point so no point in selling before announcement.

The paint of PSTH is almost done drying...

I have faith we will be rewarded. Hopefully this week!!!

I just hope it’s a real strong company, so I can hold for the 1 year mark. I have held for awhile and would love to pay less taxes.

Stock market has history of taking from the impatience and giving to those who practice patience...

one of the longest holds, been holding this long so might as well hold till he announces lol.

depends on where you got in at and how long willing to hold, was good reason for me i bought the units way in the beginning holding core position while trading it along the way.

Yes I had all these thoughts too, but looking back..that’s the worst DD I’ve ever had on a stock. “Ackman would never let this fail” is such a bad reason to buy a stock. I got too emotional. Lesson learned...let’s see what he does, but remember it takes 2 to tango. Finding a “unicorn” and then getting a good deal isn’t easy. At this point, I feel like he doesn’t have a partner, just discussions with a bunch. Hope I’m wrong

ackman ego is to big for this to fail, he will announce it, or else he can't move on to psth2 lol.

Scumbag didn’t fulfill his Q1 prediction..wish I would have dumped this pos if I wasn’t in it for so long..I’ll be pissed if he announces and I sold out lol

Billy Boy gone dark? Lol, POS

So Billy Boy never got the deal done Q1, Huh

https://www.nytimes.com/2021/03/31/business/dealbook/spac-sponsors.html

Billy gotta get the job done!

work some of the magic here :)

they were supposed to announce by end of first quarter

Is Bill still saying he will announce who the partner is first quarter? Any updates?

got nice chunk at 23.15's today way oversold