Well it closed around $29.50 that day. The subsequent low was $12... you're a genius... but the subsequent/subsequent high was $80. There goes the genius. $35.67 today. You're in the red, that is if you held on for 21 months and met the margin calls along the way.
There is so much that can happen. This will go on for years. I somehow doubt that the Supreme Court will get involved even though- in theory- I can see it. There is going to be so much negotiating and offering and counteroffering along the way the Supreme Court and appellate courts will be reluctant to intervene while the parties are still going back and forth. One can argue that it is a done deal so what's up with saying "back and forth". Not even remotely done yet. Of note, there will be an election between now and when the drop dead date for sell or shut down arrives. Trump would love to and will love to have this as a campaign issue and will propose all sorts of deals to settle it- out of hopes that he can pick up the Tik Tok vote. In return this will spook Camp Biden into trying to rework it themselves to make sure Trump does not capture that flag. You know, Joe suddenly decides that he can live with it if they are required to regularly disclose X,Y,Z so they notify the court that they are entering into an extension of time to comply while that deal is being worked and monitored and the court says "fine, whatever, if the government and the defendant are okay with it then why not." I say "defendant" but the action before the court could arise based on action brought by the government and TikTok/Bitedance being defendant, or could be the other way around if the case starts as TikTok taking action against the government. Same issues though. Also, if Trump is elected he will mix this issue in with the larger issue of sanctions against China and will use that to force different behavior by TikTok. And maybe that's a good thing. Long way to go here. Lots of sausage making and campaign gymnastics to come.
Hahaha. I think you might have just pretty much hit the nail on the head. Quite the political astuteness. Why's everyone down here have you on ignore? It must be the gender-neutral bathroom thing. Or "celebrate the tranny" days at our nation's kindergartens.
With billions of future ad-spend in the balance, I'm just trying to figure out if META or SNAP are a btd plays. I don't think ByteDance will hand over the algos, soooo, Tik-Tok might be done in the US. But as you said, it will take years. And you're right, enacting the "ban" date can easily be extended. Hmmm. Of the two, I think SNAP has the most to gain. It sold off huge on Meta's report. That is.. IF that 32 yo founder and CEO grows up and gets down to business. Maybe Elon will step in and roll it into X --- And then IPO the combined entity to make another $200B or so on paper. What say you GWB?
Hey Tree... look at this: https://www.elitetrader.com/et/thre...stered-audio-paul-harvey.379661/#post-5970970 Any thoughts?
One of the biggest fallacies in the U.S. is that we have no state religion and that the left and liberals are and have been the guardians of keeping religion out of government and out of schools and various public arenas. In fact, Secular Humanism-Progressivism is a religion and it is a state sponsored religion that permeates every aspect of public life these days. It very much lays out and protects and advances a specific worldview, theological view even if in the negative, and imposes a new set of values with an iron fist. And it is now very much the mechanism for advancing most of the ills and evils outlined in that Paul Harvey message.
Oh, where do I see that case? I followed the link you posted and it just had a paul harvey audio. Must be further back or something.
That was just me thinking out loud on the case. It's some church in Jersey that for 135 years has blocked off their beach on Sunday's, and is now getting hammered by the NJ EPA. Read Mickey's post. Those are the current facts of the case.