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Topic Archives: Pershing Square Tontine Holdings (PSTH)

  • Friday File: DocuSign Craters… What to Do?

    Closing out a tough week for tech stocks -- Buy? Sell? Close your eyes? Here's what I've done in the Real Money Portfolio...

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  • Friday File: Smoke in the Box

    EverArc/Perimeter, NewLake, Match and more...

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  • Friday File: Quarterly Miscellany, including GAN, PSTH, NVDA, SE, KEYS and BOMN

    Earnings Updates for the Real Money Portfolio... plus a first look at coming-public Hagerty

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  • Friday File: Quarterly Pressure on Small(er) Tech, plus a few buys and speculations

    Roku, Fastly, Markel, Kambi, Boston Omaha and more are covered in my Latest thoughts (and buys and sells) from the Real Money Portfolio

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  • Friday File: “Never go Down” Inflation Investments and Some Price Updates

    A checkup on Pershing Square after a wild week, plus thoughts on MarketWise, Roku, Inflation, Intrusion, Intuitive Surgical, Crown Castle and more, including a few add-on buys and one stop loss...

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  • Friday File: Buying a Beaten-Down SPAC, Lock-Boxing a Changed Story

    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 […]

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  • Friday File: When in Doubt, Buy Some Royalties

    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 […]

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  • De-teasing Manward’s “#1 pre-IPO investment for 2021”

    What's being teased by Manward's new Venture Fortunes? (Plus, a little primer on SPACs)

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  • Friday File: Sea, GAN, Keysight and some (possibly) big IIPR news

      There are two conflicting drivers of my thinking right now: The notion that I should be conservative in cutting my losses on stocks that are losing money; and the fact that all of my largest mistakes have been made in selling stocks far too early. Yes, I’ve lost plenty of money in speculations or […]

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  • Friday File: Cheaper SPACs and a Year to Remember

    A few buys in the Real Money Portfolio, plus check-ins on safer SPAC prices, quarters from BOMN and CHWY, and much more...

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  • What’s with this “Pre-IPO Code” Stuff from Jeff Brown?

    Checking out the teaser pitch from Brownstone's Blank Check Speculator

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  • Friday File: A New Cyclical Buy

    Adding a distributor to the Real Money Portfolio, plus a few more buys and sells, thoughts on Lemonade, Intuitive Surgical, Pershing Square and many more...

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  • Friday File: SPACs, Big news from GAN, and a new Watchlist Stock

    Quarterly news from NVIDIA, Keysight, GAN and Sea... and updates on YSAC, Pershing Square, Altius, Roku and more...

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  • Friday File: Is the Shaq SPAC the Last Straw, or the Straw that Stirs the Drink?

    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 […]

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  • Friday File: “Pre-IPOs” and some Real Money Portfolio updates

    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 […]

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  • Friday File part 2: Nibbles and Two Watchlist Additions

    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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  • Comments

  • If PSTH goes through to the deadline next summer and the shares are redeemed at $20, the warrants will expire worthless....

  • PSTH warrants are not going to be recoved but in case of PSTH warrants is there any chance if they get little better tha...

  • Travis,I hold PSTH warrants with avg $10.22 with considerable percentage of my portfolio, now it is running at $1.03 ...

  • Assuming one's average cost on PSTH is $20 or under (very doable at this point), then IF you get the $20 redemption on P...

  • Nope. If they don’t end up with a deal, the warrant goes to zero. I generally like warrants, but they tend to be overp...

  • Travis, great Friday File, as usual. You seem somewhat confident about holding PSTH, would you be as confident with PST...

  • 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...

  • 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 ...

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