I pull together these thoughts for the Friday File throughout the week, and sometimes that means I end up feeling almost bipolar — the market sentiment on Monday was so wildly different than the sentiment this morning that our emotions can get a little whipsawed. Which means, of course, that I should be tuning down […]
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The Gumshoe family had a fun adventure over the past couple weeks, covering about 4,000 miles on our first big road trip since 2019… and every town and state we saw was a little different. Hotels are full, but wildly understaffed in a lot of places — we stopped at a beautiful historic hotel in […]
More Royalties, Please… The world of precious metals royalties has been quietly changing a bit, with new entrants and some rising interest in gold as inflation concerns have heated up this year, so there are a few updates to share… but first… If you don’t know what royalties are, they’re best thought of as a […]
Today we’re sniffing out some teased picks by Andy Snyder that were hinted at in ads for his new “upgrade” newsletter at Manward Press. It’s called Venture Fortunes, and theoretically has a $5,000 sticker price but is being launched at $1,975 for the “charter” subscribers, who also get two years (“list price” in these kinds […]
And a few quick notes of much less consequence… PAR Technology (PAR) announced a new customer for their Data Central product, which is their back-office software for chain restaurants (inventory, scheduling, etc.) and used to be called Restaurant Magic — and I’m not sure why. This is a tiny deal, with DiBella’s Subs… that’s […]
We’re now a year past the beginning of the real full-on panic about the coronavirus, and just a year past the worst drop in the stock market in March of 2020, so I went back to read my stuff from last April to see what I was doing and how I was feeling. Here’s a […]
I’ve gotten a lot of questions in the past couple days about Jeff Brown’s “Pre-IPO Code” presentation, in which he teases the idea of this “Pre-IPO” investing strategy as he pitches his new Blank Check Speculator newsletter. And I’ve got good news… and bad news. The good news is, I can explain what he’s talking […]
I don’t know what’s going to happen to interest rates, taxes, GDP growth or the stock market, all of which are intertwined, but right now the sentiment expressed by the market seems still to be vaccine-driven optimism about economic recovery from the pandemic, which implies that the renewed push to speed up vaccinations will lead […]
We won’t be posting a Friday File next week due to the Thanksgiving holiday, and publishing will be light in general for the next few days for the same reason (though we will, of course, feature our annual Turkey of the Year) … so perhaps you can take some solace in the fact that this […]
Let’s start with the obvious, just to get my weekly brain dump underway for you: We don’t know what the election will hold, or where the market will go from here… I continue to think stocks are pretty expensive, particularly the hottest tech stocks (and I still own a lot of them), but I also […]
My spirits have been lifted a bit in the last week… not so much by the general state of the world (unemployment is horrifying, the pandemic remains scary, politics has sunk even further into the gutter, a big chunk of the world is literally on fire, again), but by the return of some seasonal patterns […]
I shared part one of our Friday File with you this morning, when I took some time to dig into a nanocap idea being teased by Keith Schaefer, so part two will be a little more brief… just a few quick notes about things of interest this week, and some minor moves in the Real […]
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I'm still trying to wrap my head around: I watched someone buy a $20 put on PSTH. So what does he get? If the redemption...
I think we posted at about the same time, but here's my detail on PSH from my comment earlier this morning: As of the ...
Trade Note: As cryptocurrency prices tumbled today, my position in Galaxy Digital (GLXY.TO, BRPHF) hit a stop loss (...
Can’t remember ever writing about a new stock and having the story change so dramatically before the next market open ...
Falls in the “fine” category for me. I own PSH, not PSTH, so the impact of the deal, if it goes through, seems to m...
Help from anyone, please. I'm not sure if this Pershing's acquisition (10% of UMG) should be viewed as "smash' , or "...
I own both PSTH and PSH (an older position) and believe there was much more going on with the PSTH than first appears. ...
I don’t know about 250% returns in a few years, that’s pretty ambitious... but it’s certainly possible that PSTH w...
Hello Travis, I own PSTH. I was debating it when I was deciding to buy based on your comparison of owning PSH vs PSTH...
bound to happen, dumpy dump.... If I held PSTH I would very unexcited...
And what’d ya know, I mention PSTH and news leaks moments later about their negotiations to take Universal Music Group...
Totally agree with this after I watched the weekly updates as well. Am strong hands as always, and this morning decided ...
Yes, but not because of PSTH. I think PSTH at $30 is absurd... if a SPAC trades at a premium, I'd much rather own the S...
Hi Travis, thanks once again for the objective and transparent Friday writeup. Wondering if you are still bullish on Per...
Apparently the Youth Pill UBX will give you gray hair as you watch its gyrations! BUY VNNHF and PSTH and make some R...
It would be a tough sell for Stripe or a really high profile company — the advantage is speed and control, you get to ...
Most SPACs have an early exercise clause like taht, though every SPAC is different. PSTH is very different than a typic...
Travis, my dumb question for the day, is it not automatic that a company can force one to exercise warrants if the under...
I’m no longer willing to trust Ackman completely at a big premium to NAV — he has changed in the years since he blew...
Heard rumors that stripe could be the psth unicorn. I have a position. Often time, rumors tend to be true ....
I read back in September that Ackman had approached both Stripe and Airbnb and been rebuffed by both, but haven't seen a...
I bought both FEAC and PSTH....
FEAC is certainly the one they were hinting at, though they reportedly recommended several to initial subscribers. PSTH...
Hey @Travis I'd received the same email from Abeyta's SPAC promo, touting PSTH. But I'd read your analysis on the very ...
Yep, Bill Ackman was on the call so no surprise at all that they touted PSTH. That's the largest SPAC pool ever raised,...
I just got this in an email: Dear Reader, Here's the free giveaway from last night: Pershing Square Tontine Holdings ...