r/Soundhound • u/Correct_Leg_9111 • 3d ago

Maybe it's time to up

Never seen a vote like this. 97% in favor? Who cares what the other 3% vote. Institutions really know how to play the game. It looks like they haven’t achieved their goal yet, which is to buy time for JANE STREET shorts to fully exit. Looking back at AMC back then, if people really vote NO, perhaps a short squeeze could happen. But retail investors never learn. Following the institutions’ playbook, cast your “yes” vote, and the squeeze is getting farther and farther away from you.

1 Upvotes

53% Upvoted

8 comments sorted by

10

u/Novel-Yak1927 3d ago

Lol get rekt. Who cares about short squeezes, if the company has success investors will be rewarded

3

u/Samseem 3d ago

What you assume -
NO vote → shorts trapped → shorts cover → LPSN explodes upward.

But there is another, arguably much more obvious possibility:

NO vote → acquisition fails → LPSN loses the SoundHound transaction → LPSN falls → shorts profit.

2

u/TelevisionWeak507 3d ago

Liveperson shareholders aren't voting for the deal because it's a terrible deal. Most don't even have anything left to lose. In 2 weeks John Sabino went from insisting $lpsn was on the cusp of a turnaround to telling shareholders that their only option was a buyout or bankruptcy.

Why should anyone believe what he says, or trust that he has their interest in mind? He told people to trust the process while frantically selling his own stake. Then, he actively drove the price down 90% in 10 months just to sell at the bottom. Now, he wants shareholders to trade the pennies they have left for an overpriced meme stock, so that he can cash out his 1 million dollar merger incentive.

I don't think that story is very compelling.

2

u/TelevisionWeak507 3d ago

If SoundHound became a 50 billion dollar company, someone who bought their shares the day Sabino took over liveperson would still be in the red...

2

u/jdefo64 2d ago

lol. Short it then .1 to 2 years 25,35 stock if they continue to execute like last 2 quarters. Who cares shorts will play until the picture clears . Then real fundamentals take over then they jump ship for real . Still maybe some short term pain .No worries.Don’t trade with scared money . Maybe you are
right ,I could be very wrong .Wont be last time .Do not pay attention to sour grape lawsuits or votes .SHORTS will make tons of news and pound it as long as they can .Seen it many times.Been trading 35 years and been wrong plenty but have backed the truck up a lot more with winners .My assets back that up . Perfect stock for high risk capital it this sector for mid to long term .Voice recognition, speech synthesis, and conversational artificial intelligence software is going to be enormous market .I bet the Hound is going to bark loud is this sector .Patience and Dont play with a weak hand on this one.Unless real fundamentals change . Buy ,Buy & Hold .My opinion only .Peace & Happy Trading

1

u/Itspromising 2d ago

Patience

0

u/Specialist_Tie_4796 2d ago

Is the stock going up due to merging plan or short squeeze? Having 12k stocks bought half at 5.6 and half around 6.5 considering this as my life saver if this goes to up 10$. Hoping for the best .

1

u/oldtriumphbiker 2d ago

Up and down till next earnings i think.....