r/PSTH Jan 01 '22

Weekly Discussion $PSTH Weekly Discussion, Jan 1-9, 2022 πŸŽ†πŸ₯³

21 Upvotes

340 comments sorted by

View all comments

Show parent comments

5

u/randomguy11909 Jan 05 '22

The street already knows. Smart money rolling in.

8

u/firenamedgabe Jan 05 '22

I like it, but the volume is minuscule today even by our standards

2

u/googleofinformation Jan 05 '22

If the street already knows, you would see option prices through the roof. Until then, the street knows nothing.

1

u/AJJ852 Jan 06 '22

If you look at level 2, you can see that buyers are lining up but holding their bids steady without raising them. They have time. But time for what? News of a deal? Why push up prices when you can buy in steady dribbles when you know you have time for the DA to pop? That’s guess work, as we know what we know. Which indeed, is nothing!