A key reason why I sold my $CBOE position earlier this year was my lack of faith in their European growth strategy.
Below I'll lay out why I'm so skeptical, and hopefully people smarter than me can chime in & tell me why i'm wrong.
Here we go:
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Replying to @HideNotSlide
Curious to hear your thoughts on this
@NoonSixCap1 reply 0 retweets 1 like -
Replying to @hank_moody12 @HideNotSlide
Agree it's a bit of a long-shot, but it hardly costs them anything. I've always viewed it as a near-free option - at least for anyone with a view longer than a year. >>>
1 reply 0 retweets 2 likes -
>>> One point I'd pushback on is re nationalism -- not sure it applies as much to deriv v cash equities (ie consider how Americans view *the* NY Stock Exch vs...CBOE? Intuitively, feels like deriv way less likely to be politicized (bc less retail involvement?) >>>
1 reply 0 retweets 2 likes -
George Retweeted SculpCity
>>> As for me, I like the stock...and agree 110% with this:https://twitter.com/SculpCity/status/1365503266574852096?s=20 …
George added,
SculpCity @SculpCityReplying to @HideNotSlideyou’re missing that 100% of downside related to Europe is In street numbers and Its multiple - one of 3 things will happen (1)you’re wrong it works (2)they shut it down and stock/street numbers go up (3) it never amounts to anything and stock goes up on the prop product recovery1 reply 0 retweets 5 likes
Thanks for the input. I totally get that & respect the thesis having owned it for the same reasons in the past.
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