Dravantio
865 posts
With the uptick in M&A activity and as the market gets frothier, here is an idea as to where you can park your cash for ~5.5% min yield with ~50% upside (with some luck Screen for long dated lower dollar cost bonds (< 75c) with change of control (CoC) provisions and identify potential M&A or take-private candidates With the $55bn EA take-private (and the 2051s gapping up >25 points on the news) nothing is off the table in this market The one that is jumping out to me are the PayPal 2050s currently trading at 70.7c $PYPL trades at <10x EBITDA and 10-12 FCF, stock is up 5% yesterday after flat-lining for months at these valuations and option volume is up 4-5x $EBAY also potentially interesting Thanks to @randysteuart for the inspiration on this one
Zuck is the goat. $META
$CRWV and $ORCL both down over 7% on the WSJ report that OpenAI is missing their internal revenue and user goals, and that CFO Sarah Friar is concerned they won’t be able to meet spending commitments. $NVDA also down 3.5%, $AMD down 6%
Something ain't right. Lower volumes all around, FOB diffs halving, everything points back to the rumor of China selling SPR. It is "expiration week" for Brent so yeah whatever.. but going forward this Brent M1/2 spread is not reflecting this new phase.
