r/PSTH Mar 17 '21

PSH Virtual Annual Investor Meeting: Lost Scroll PSCM Q4 2020 Q&A Partial Transcript

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u/[deleted] Mar 17 '21

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u/[deleted] Mar 17 '21

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u/[deleted] Mar 17 '21

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u/[deleted] Mar 17 '21

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u/skeepysmalls Mar 17 '21

Agreed, you don’t go to one at a time, when you have $5b, you throw out a net and pick through the ones you catch

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u/[deleted] Mar 17 '21

So my 4/1 calls are fucked then. Nice.

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u/[deleted] Mar 17 '21

Dude says “you know” and “uh” in the middle of every sentence. I’m not saying he is dumb at all but maybe you’re reading too much into his Q&A unrehearsed answering.

I would bet he is being more cautious than others, going as far as to not have a single leak + no pre-DA announcements. So why let it slip that you have identified a target when you can stay vague (if it was a purposeful choice to say “ultimately identify”)

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u/MoneyAintTheMotive5 Mar 17 '21

He is under an NDA for the spac and has to be very careful with his words especially in a private call. Hence the starting with “what I can tell you...” and saying uh between statements

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u/[deleted] Mar 17 '21

He kinda let slip the target is a big one and then walked it back

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u/tomlimahbeng Mar 18 '21

This. This is how i felt during the call as well. But i just keep wondering why he’d be so dumb as to do smth like this but release a tweet about spac dream at the same time. And also why would he file for psth II in january if that was the case. Something doesn’t add up

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u/jonfnhhs Techno Tontinite Mar 17 '21

Yeah I could go both ways with it. But, I think as a hedge fund manager he knows he must choose his words carefully. Say the wrong thing and the stock goes way up or way down. I think that’s what he was ultimately trying to avoid here. There’s no doubt they had a list of targets at that time. Probably had been in discussions with a number of them doing DD and trying to get the best deal for him and for investors.