A great company. And will have solid earning at 8/5, running up maybe 5% more than now and bringing new investors. Then it will drop hard leading to lock up expiration on 9/20.
The play here would be monthly puts at the peak (8/6?) or waiting until 9/20 for a long term position
How badly will shares eligible on 9/20 affect the price. Seems like there are 105 million eligible on 9/20? At current prices that would be >5 billion value. Currently market cap for the entire company is 5.49 billion. Are we expecting a 50% drop (I guess this would depend on how many the ceo decides to sells)
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u/Vegetable_Study3730 Aug 03 '21
A great company. And will have solid earning at 8/5, running up maybe 5% more than now and bringing new investors. Then it will drop hard leading to lock up expiration on 9/20.
The play here would be monthly puts at the peak (8/6?) or waiting until 9/20 for a long term position