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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: bull_dozer who wrote (162559)	9/13/2020 8:59:25 PM
From: TobagoJack	Respond to of 219585

I saw the news earlier and immediately thought (i) glad I did not dawdle last week when the getting was good Message 32926888 and closed short against 9984 (ii) shall soon be able to exit TSLA long and then close TSLA short, both at profit Message 32930711 Life is fantastically wonderful, and better, a barrel of laughs and hopefully totally predictable, that ... (i) RobinHooders shall not stop until totally done done, and so the fountain of goodness shall continue to gush (ii) October + November tend to be bad months for the USA stock market during presidential election years involving incumbent running for reelection, and if so, this election period might be extraordinary finance.yahoo.com bloomberg.com SoftBank Soars After Arm Deal, Renewed Talks to Go Private Anto Antony LISTEN TO ARTICLE SoftBank Group Corp. shares soared after the company reached a deal to sell chipmaker Arm Ltd. and revived talks about taking the group private. SoftBank’s shares jumped as much as 10% in Tokyo on Monday, the most in about six months. The Japanese conglomerate’s senior executives will be revisiting a management buyout plan, which had earlier met with internal opposition, the people said, asking not to be named as the information isn’t public. SoftBank also announced the sale of Arm to Nvidia Corp., a cash-and-stock deal that values the chip designer at as much as $40 billion. SoftBank founder Masayoshi Son has considered a management buyout of his company since at least 2015, when talks on financing with an overseas partner fell through. The idea of taking the company private has been fueled by a persistent gap between the company’s market valuation and the worth of its holdings, which include Alibaba Group Holding Ltd. The latest deliberations are at an early stage and may not lead to a transaction. Senior management within SoftBank have various viewpoints on the plan, and many veterans are against the idea, said one of the people. Those advocating for the plan suggest SoftBank would receive much less public scrutiny as a closely held company. SoftBank declined to comment. The Financial Times earlier reported on the internal discussions. SoftBank has been criticized recently for a strategy of using derivatives to invest in technology companies and its executives have met with investors in recent days to assure them that the bets are relatively conservative, people familiar with the matter told Bloomberg on Friday. Media reports revealing details of SoftBank’s derivatives bets upset investors and sparked about a $9 billion loss in market value for the company the first day of trading after the reports. Photographer: Kiyoshi Ota/Bloomberg The sale of Arm, which SoftBank acquired in 2016, will unwind another strategic investment in favor of boosting liquidity and will let Son focus on the more tactical investing he has said he wants to pursue. Son owned more than 20% of the conglomerate as of a June 25 filing, according to data compiled by Bloomberg. — With assistance by Ian King, Liana Baker, and Giles Turner (Updates with Arm sale announcement in second paragraph.) Before it's here, it's on the Bloomberg Terminal. LEARN MORE