GH News

For those following GH, this was on my TDA news feed (not sure exactly what this will mean for the lock-up):

SoftBank’s Investment Fund May Borrow $4 Billion Against Tech Stakes -FT

1:17 am ET May 30, 2019 (Dow Jones) Print

– SoftBank Corp.'s (9434.TO) Vision Fund plans to borrow $4 billion against its stakes in three technology firms including Uber Technologies Inc. (UBER), the Financial Times reports

– The fund is in talks with banks including Goldman Sachs to arrange a loan secured against its holdings in Uber, Guardant Health Inc. (GH) and Slack Technologies Inc., the FT says, citing people directly involved in the deal.

– Vision Fund wants the cash for its investors and borrowing against the value of these stakes will allow SoftBank to monetize those holdings as it will bypass lock-up periods in newly-listed firms.

Full story:…

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(END) Dow Jones Newswires

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This margin loan was taken out AFTER Softbank failed to find buyers for a second $100 Billion Vision fund. Corporate bonds from Silicon Valley are having a hard time selling as well.

The Revenue Uber Alles Growth Story is coming to a close. As soon as the lockup ends for insiders at Lyft and Uber, and options trading begins for both, then you’re going to see the thumbs come off one side of the Nasdaq scales.

Tesla is just the canary in the Too Much Magic Stock Mines. Millennial novice investors are about to have their first life lesson in how sociopaths inside the ruling oligarchy operate with their hype and pumps.…


Thomfranklin - I think you’re lost. Please keep looking for the board you meant to post on.