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The 🇧🇭 Bahrain Victorious team line-up for the 🇮🇹 Giro d’Italia
Team by team guide 👇
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📸 Cor Vos

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$CAR price has reversed some. Earning is better than estimated. Profit disgorgement amount from Pentwater is still uncertain but management will pursue the max. ATM offering seems off the table for now. Short Squeeze risk is still there depends on what Pentwater does next, they still have a massive position plus TRS. Continue to sell puts on dips.
Oasis@edgehilltrading
I finally covered all my $CAR shorts today and am ready to sell $CAR puts if ER tomorrow is bad.
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@duedillengence @dan64wiz @dampedspring I imagine they calculated all the buys and sells timing in advance, if so it's kinda mindblowing that they legally engineered a short squeeze
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@nu_arupaka @dan64wiz @dampedspring Pentwater claims 49,000 shares of sales are disgorged. $CAR is going to audit it to confirm and especially make certain the sales are properly assigned (ie you can say “I’ll keep the proceeds of the stock sold at $600. We’ll disgorge the shares sold at $200”)
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@nu_arupaka @TorpedoTrading pentwater is passive investor and files 13G, blackout policy may not apply. SRS basically controls the board.
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@edgehilltrading @TorpedoTrading but it's the same set of rules as for pentwater right? what a legal team they must have
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@TorpedoTrading @edgehilltrading most surprising even is SRS not having done anything at all
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@edgehilltrading They say they knew nothing ... I'm still quite skeptical although had expected they would have raised capital had they known.
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@dampedspring @nu_arupaka It says it in the form 4 filings. Seemed de minimis
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@nu_arupaka I don't think there was short swing profits but who knows
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Son of a bitch! $car covered like 300 points ago. Solid earnings LOLOLOLOLOL
Andy Constan@dampedspring
$car +9k on a 1 lot with an intraday mark of -20K. Stupid degen but okay.
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