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TLDR: This bear market might last more than 2 years so don't go all in to buy the dip at once, spread out your war chest as low can go lower. Selling covered CALL options at target exit price can help to reduce your cost basis too. For those who don't know how to pick stocks, dollar cost averaging on index fund such as $SPDR S&P 500 ETF (SPY.US)$, $STI ETF (ES3.SG)$ would be safer.
Story time
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Story time
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$Palantir (PLTR.US)$ the day will come when this is sitting 10-20x
once this gets crypto trading platform business we see 5x fast
metaverse in 2026 will have us 10x
add autonomous driving and flying hello to 20x
mark these words as hopeful speculation, but damn... it feels like the truth
once this gets crypto trading platform business we see 5x fast
metaverse in 2026 will have us 10x
add autonomous driving and flying hello to 20x
mark these words as hopeful speculation, but damn... it feels like the truth
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$DiDi Global (Delisted) (DIDI.US)$
https://www.bloomberg.com/news/articles/2021-11-26/china-is-said-to-ask-didi-to-delist-from-u-s-on-security-fears
Proposals under consideration include a straight-up privatization or a share float in Hong Kong followed by a delisting from the U.S., the people added. If the privatization proceeds, the proposal will likely be at least the $14 IPO price since a lower offer so soon after the June initial public offering could prompt lawsuits or shareholder resistance, the people said. If there is a secondary listing in Hong Kong, the IPO price would probably be a discount to the share price in the U.S., $8.11 as of Wednesday’s close.
https://www.bloomberg.com/news/articles/2021-11-26/china-is-said-to-ask-didi-to-delist-from-u-s-on-security-fears
Proposals under consideration include a straight-up privatization or a share float in Hong Kong followed by a delisting from the U.S., the people added. If the privatization proceeds, the proposal will likely be at least the $14 IPO price since a lower offer so soon after the June initial public offering could prompt lawsuits or shareholder resistance, the people said. If there is a secondary listing in Hong Kong, the IPO price would probably be a discount to the share price in the U.S., $8.11 as of Wednesday’s close.
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$SIA (C6L.SG)$ When we select SIA. we all know and prepared for long war. When SIA make some progress, people sell for few cents gains. Maybe they have millions of dollars invested. So the few cents gains to them is alot. when they sell it makes market down retail investor become scared and sell and makes things worse. When ppl sell u dun sell and it dropped, you said missed the boat. And finally u have a chance to sell and u sold, the market moved and u will say u missed the boat again. Make a decision and stick to it . We are not invested to gain small . we trust the company growth.
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$DiDi Global (Delisted) (DIDI.US)$ just emerged as bridgewater top 5 new holdings. Ray Dalio has been extremely bullish about China's prospect in recent times, he most certainly are more familiar with China's inner workings. This tells me something is brewing. There can't be smoke without fire.
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Nov 15 $JPMorgan (JPM.US)$ has sued $Tesla (TSLA.US)$ for $162.2 million, accusing Elon Musk's electric car company of "flagrantly" breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank.
Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
Musk's Aug 7, 2018 tweet that he might take Tesla private at $420 per share and had "funding secured," and his subsequent announcement 17 days later that he was abandoning the plan, created significant volatility in the share price, the bank said.
On both occasions, JPMorgan adjusted the strike price "to maintain the same fair market value" as prior to the tweets.
Tesla's share price rose approximately 10-fold by the time the warrants expired this year, and JPMorgan said this required Tesla under its contract to hand over shares of its stock or cash. The bank said Tesla's failure to do that amounted to a default.
Any thoughts? Or maybe someone can explain what's going on in the case?
Source:
JPMorgan sues Tesla for $162 mln after Musk tweets soured warrant deal
Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
Musk's Aug 7, 2018 tweet that he might take Tesla private at $420 per share and had "funding secured," and his subsequent announcement 17 days later that he was abandoning the plan, created significant volatility in the share price, the bank said.
On both occasions, JPMorgan adjusted the strike price "to maintain the same fair market value" as prior to the tweets.
Tesla's share price rose approximately 10-fold by the time the warrants expired this year, and JPMorgan said this required Tesla under its contract to hand over shares of its stock or cash. The bank said Tesla's failure to do that amounted to a default.
Any thoughts? Or maybe someone can explain what's going on in the case?
Source:
JPMorgan sues Tesla for $162 mln after Musk tweets soured warrant deal
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