waverly911

If BRUN closes at its current levels or higher for the next 3 weeks, then 10% of the shares will unlock in June and the rest will unlock in early November.

Yes! The donkey YOLO trade shorting NBIS. I think it is 730k in Australian Dollars which is like 528k in real merican money, but still.

Oh well. C'est la vie sucker.

LFG

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You are buying an etf with basically exposure to 3 main companies micron, sk hynix and Samsung. I would argue it would better to own direct than to pay their fees

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One would need to have an international brokerage account (not difficult) to do what you are saying. You would have to buy MU, SK Hynix, Samsung, Kioxia Holdings, and the rest to duplicate all the holdings - it isn't just the big three. Yes you can easily buy MU here. There are commissions involved with buying those foreign stocks AND Korean stocks like SK Hynix and Samsung are not DTC eligible, so on top of the commish, think old school like $25 per trade, you would pay a $50 fee on every trade. You can avoid this $50 fee if you trade using IBKR.

You could buy Samsung here using OTC, but have you seen how wide the bid ask is? Last time I checked it was $60 wide. It isn't very liquid.

SK Hynix might be offered as an ADR later this year.

If you buy those foreign stocks direct, you would be limited to trading from 7 PM - 1:30 AM since that is when those exchanges are open and if you bought Kioxia, their exchange takes off for lunch.

Unless you a true Baller, the DRAM ETF is worth it from a liquidity and cost perspective.

$DRAM :bow:

SK Hynix could be offered as an ADR within a few months. The company filed paperwork to start the process, but it does not obligate them to do so.

Samsung's margins on memory contribute a huge portion of Samsung's overall profit margin.

The WLAC/BRUN warrants have two expiration dates - November '26 (unlikely now with the merger vote taking place) where if the vote is no then the price of WLACW craters. If the vote is proceed with the merger then this year's expiry is reset to October 2031.

Let's say the merger is approved April 30th then the ticker goes from WLAC ? BRUN and same with the warrants. Let's go with the merger succeeds.

Igoringa mentioned that "if the stock price is above 18 bucks, they can be redeemed for nothing". This leaves out a lot of details. Let's say the stock hits $18.25 on May 3rd, but closes at $17.80 then nothing happens and no starting trigger is set. If the stock closes above $17.99 for the first time at $18.01 on May 5th, that starts the trigger where 19 of the next 29 trading days the stock needs to close at $18 or above, so that the company would need to send a 30 day announcement or notice of redemption about the warrants for a penny.

You would actually have 30 days after this notice to clean up your account and sell the warrants on the open market or exercise them for shares. This scenario would mean early July. There is a two day window on the front end where you can't convert into shares, but you can buy/sell warrants.

If you ignore the redemption notice and do nothing to trade or convert those warrants, then at the end of 30 days, early July under this provided scenario, your warrants would be closed out and you would receive 1¢ for each warrant that you had.

The stock closing at $18 or above for one day does not mean the warrants are exercised for a penny each.

Big money is looking for some movement in WLAC ? BRUN. Earlier this week someone spent over $2 million on the WLAC August 22.50 calls when the stock was trading $12.83-$12.90. The OI on that line is now over 16k with that one person's trades representing 60% of the open interest.

After the merger vote goes through, the next catalyst would be the Super 8-K which would be filed on on May 5 or 6 and it would provide a peek under the covers to see what kind of real business Boost Run has.

Saban still has a house in Baton Rouge?

drockel2

You posted some of the smartest stuff I have seen in a while.

H-streit needs to man up. He won't give up his source (tigerdroppings.com coaching change board) of course

Les Miles can't leave this
LINK

Miles is super media savvy. He didn't reference Michigan because maybe one day he does go there.

Les Miles doesn't have time to get into details at a press conference. He basically called it to say get the F off my back. When he said have a nice day, he was telling those that started the rumor to go F themselves.

Let'er RIP.

I love LaWanda!

LINK

CBS is rubbing it in Kirk Herbstreit's face about him "breaking the news" that Les Miles was leaving.

CBS also disclosed that Herbstrit's source was tigerdroppings.com :lol:

Time to cue the music. Let's go LINK