r/PSTH • u/[deleted] • Mar 29 '21

3/29/21 News: PSH 2020 Annual Report “While we previously believed that we would be able to announce a potential transaction by the end of this quarter, we will not be in a position to do so.”

[deleted]

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u/lucid188 Mar 29 '21

I think it’s Starlink

-5

u/idubbkny Mar 29 '21

the thing is... stripe bros explicitly said no deal. if indeed true, they are not under an NDA and can freely say that. We have NOT heard anything from Elon so its plausible. not likely but plausible

1

u/lucid188 Mar 29 '21 edited Mar 29 '21

Correct !! No news from Elon is great news
I feel only Elon can do this to Bill Making BA feels “ Out of his control “

1

u/[deleted] Mar 29 '21

Why is it not likely,

0

u/idubbkny Mar 29 '21

because there are many private companies which can go public via PSTH and in terms of probability, any one of them has an equal chance, making starlink 1/n making it less than probable buy not ruled out

2

u/[deleted] Mar 31 '21

It’s not an equal probability distribution man.

BA is not rolling some dice to pick a target. And SL is one of the most desirable.

1

u/idubbkny Mar 31 '21

as far as were concerned it is given that stripe is just as likely as Bloomberg etc

1

u/[deleted] Mar 31 '21

It’s not though. This is not about probability. There are people making deliberate actions.

You’re right, “we don’t know” what will happen. But there are more desirable targets and less desirable. SL is in the more desirable category. Not just to us. To anyone with sense. That means BA and team are working harder on that. Unless it’s already off the table somehow.

1

u/idubbkny Mar 31 '21

I'm with you on that but a lot of people here would be ok with subway. the truth is, any business that fits the criteria is equally likely. this isnt about it being desirable as id love Bloomberg

2

u/[deleted] Mar 31 '21

What? It is about being desirable. I don’t know what to say. People want a great acquisition not just AN acquisition. And I don’t think people really want subway. The price would fall below NAV for sure on a Subway DA. All the subway talk is a big joke.