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re: The "SuperApp" of SE Asia - GRAB 9/21: CEO BUYS $30 MIllion!!

Posted on 9/21/26 at 9:35 pm to
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/21/26 at 9:35 pm to
COO also bought. 299k shares.
Posted by StonewallJack
Member since Apr 2008
1151 posts
Posted on 9/22/26 at 5:57 am to
I'm joining! Prepare thy wallet
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 6:06 am to
quote:

StonewallJack
Oh no!!!
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 6:41 am to
Pre market volume is impressive

Posted by cgrand
HAMMOND
Member since Oct 2009
51290 posts
Posted on 9/22/26 at 7:17 am to
2.80 might have been the floor?
Posted by ynlvr
Rocket City
Member since Feb 2009
5663 posts
Posted on 9/22/26 at 8:45 am to
In at $2.75. Sell order in @ $3.14.
Posted by ynlvr
Rocket City
Member since Feb 2009
5663 posts
Posted on 9/22/26 at 8:50 am to
It just closed me out
Posted by LSUSports247
Member since Apr 2007
1168 posts
Posted on 9/22/26 at 8:53 am to
We’re selling already? I just jumped in at $3.15….
Posted by ynlvr
Rocket City
Member since Feb 2009
5663 posts
Posted on 9/22/26 at 8:55 am to
Blew right past me
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 9:00 am to
quote:

Blew right past me

Can't blame a man for taking 14% in a few days time. You bought the local bottom. I hope you went large.

IMO below $3 here is was worthy of a large trade due to the asymmetry.
Apparently that's what the CEO thought too. He put 10% of his net worth into it.
Posted by ynlvr
Rocket City
Member since Feb 2009
5663 posts
Posted on 9/22/26 at 9:06 am to
Threw all I had at it, which turned out to be not enough
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 9:09 am to
quote:

2.80 might have been the floor?

Would be HUGE for my trade if so.
I continued averaging down on options by selling small pops and buying lower.

The CEO is definitely saying "2.89 is a fundamentally ridiculous price"
Posted by BZ504
Texas
Member since Oct 2005
14425 posts
Posted on 9/22/26 at 9:21 am to
We still buying?
Posted by DawgCountry
Great State of GA
Member since Sep 2012
33978 posts
Posted on 9/22/26 at 9:28 am to
Was coming to ask the same thing
Posted by HYDRebs
Florida
Member since Sep 2014
1649 posts
Posted on 9/22/26 at 9:58 am to
30% gain already on the Leaps. Trimmed position 20% to capture some of the gains. Another great call BB88
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 10:27 am to
quote:

We still buying?

Yessir. I increased my position in common shares by 30%

Previous cost basis was 2.80 and I made the adds today at 3.12 and 3.09
Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 12:30 pm to
Volume told the story.
And now the CEO has a 900 million dollar company buyback in place to bolster his $2.89 purchase.

Posted by bayoubengals88
LA
Member since Sep 2007
26206 posts
Posted on 9/22/26 at 8:08 pm to
Jason says we’re on easy mode now…
Did we really buy the bottom of this bitch?!

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