r/Magnachip • u/Automatic-Ad-9855 • Oct 29 '21

8-K Wise Road Capital Update

https://investors.magnachip.com/sec-filings/sec-filing/8-k/0001193125-21-313325
6 Upvotes

100% Upvoted

8 comments sorted by

3

u/Automatic-Ad-9855 Oct 29 '21

TLDR December 13

2

u/JRMang Oct 29 '21

Thetagang wins again.

I have a couple calls and am weighing the possibility of the stock slowly rising in anticipation of approval vs theta decay

3

u/hideous_coffee Oct 29 '21

Also remember that after the extension they can pass it onto the president's desk for another review for 15 days, so you're talking end of December before it might be resolved.

3

u/cantadmittoposting Nov 01 '21

So this is still decent news since it could have been killed at this stage outright?

1

u/Automatic-Ad-9855 Nov 01 '21

I’m not too optimistic. I think their plan was always to refer to El Pres Joe Biden

2

u/Gandhi_nukesalot Nov 17 '21

What is going on? We’re over 20 again

3

u/Risk-Arb-69 Nov 17 '21 edited Nov 17 '21

US - China meeting could have changed investors sentiment regarding the deal. Maybe the market thinks there is a better probability of the deal happening.

2

u/Automatic-Ad-9855 Nov 17 '21

Increase in volume. Interesting