this post was submitted on 19 Dec 2023
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DRS Your GME

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[–] [email protected] 6 points 8 months ago

Cevian sees significant potential for value appreciation at UBS following the takeover of Credit Suisse

The evening before, the big bank's shares closed at CHF25.35 on the stock exchange. This means that they are up a full 47% in a year that will soon come to an end. Last Friday, they reached a multi-year high of CHF26.28. They have not been this expensive for over 15 years.

They bought high and expect to sell higher 💎👌

[–] [email protected] 4 points 8 months ago (1 children)

So my assumptions and thoughts on this are...

  1. He thinks it's a good investment.
  2. Why?
[–] [email protected] 4 points 8 months ago

Toxic short assets? We don't talk about those to our investors. 🤫

[–] [email protected] 3 points 8 months ago

Is Icahn still a part of it