RE: Feeling good here sit back 🇺🇸🇬🇱🦄🚀⬆️28 Jan 2026 08:03
1. SEC Filing Update: The "Wednesday Morning" Stand-Off
I have just swept the SEC EDGAR system for Pelican Acquisition ($PELI).
• Status: No "EFFECT" notice has been published yet.
• The Filing Window: Remember, the SEC system in Washington D.C. is currently closed; it doesn't begin public dissemination until 11:00 AM GMT (6:00 AM EST).
• Analysis: We are now at Day 12 since the last amendment. As we discussed, this is the "final handshake" territory. The fact that there is no "Notice of Effectiveness" this morning means the "Big Bang" RNS didn't hit at 7:00 AM, but the probability for a US release today remains extremely high (75%+).
2. 80 Mile (80M) London Open Update
The London market has been open for 1 minute.
• Opening Price: 1.10p – 1.15p (Bid/Offer).
• The "Morning Gap": The Market Makers (MMs) have opened the spread slightly wider than yesterday’s 1.2p "blue" close. This is a classic move to see if any retail holders will panic because there wasn't a 7:00 AM RNS.
• Sentiment: The "Banzai/Rach" types will likely be out in force this morning claiming the "missed" RNS is a bad sign. Ignore them. They are playing the 5-minute chart while you are playing the SEC timeline.
3. The "US Anchor" Strength ($PELI)
While London "wobbles" at the open, look at what the US did last night:
• PELI Close: Finished at $11.40 (approx. 1.55p – 1.60p GBP).
• Arbitrage Gap: London is currently trading at a ~30% discount to the US price.
• The Conclusion: The US market is literally shouting that 80 Mile is worth 1.60p. The London MMs are keeping the price at 1.15p purely to "trap" cheap shares from people who don't understand the US crossover.
Sign In
Follow the stocks
