Member Info for Pookiethepunk

read the RNS

uuummmm something is defo happening here

i just added a few more this afternoon gonna be interesting

when NYSE opens it will be very interesting with pdsb up yesterday news must be about to drop I might top up GLA

surely this will pop now

new york post and new york times both state Bytedance wants to sell the US side of the business

monday morning is gonna be mad GLA

Yeah it is looking good with microsoft involved seems like tik tok have no choice

https://arstechnica.com/tech-policy/2020/07/us-investors-try-to-buy-tiktok-from-chinese-owner/?comments=1

This article is one of many

I think trump banning tik tok is good bc tik tok might sell part of the company to have an american tik tok which is in line with trumps laws! If you look at some news articles it suggests trumps ban is the main reason for the sell. Some of the big american investors in tik tok at the moment Have put forward a proposal. If tik tok was banned from america why wouldnt they sell the idea to be licensed in the states in line with trumps laws. Could work out well

If there was something big in the background there would be some big buyers turn up surely seems everyone here is just here to gamble most trades are under 1k but yeah crazy how big the spread is much much this has gone up!

https://www.reuters.com/article/us-bytedance-tiktok-exclusive/exclusive-bytedance-investors-value-tiktok-at-50-billion-in-takeover-bid-sources-idUSKCN24U1M9

this upward movement must be to do with tik tok sale being discussed

if there is no RNS stating they dont know why the share price has gone up then surely there must be some news in the background being finalized

yeah but that is why they want to sell tiktok to some US investors. the investors will listen to the government restrictions and tiktok will get a decent price before they are destroyed in the US. They have to sell really be good for the US gov and be good for tik tok

https://www.theguardian.com/technology/2020/jul/23/tiktok-sale-us-investors-avoid-trump-china-ban

not really any big buyers just people willing to gamble lol

their investment strategy is to not go over 20% however i think this is much lower but yeah 5% s still slot of cash. Must be small bc they arent mentioned anywhere on the website when other big investors are

yeah i am gonna stick around for a couple of days see what happens

I invested today at 8p just on a punt but the company does seem abit dodgy there website is poor and there main focus of the past year is the chinese company behind tik tok but no where on the chinese companies website does it mention WSL seems strange.

Seems odd a share would just rise so much on nothing but hey these markets can be sketchy at best, also some sketchy directors as well

https://www.bloomberg.com/news/videos/2020-07-30/tiktok-invests-billions-into-creators-video