We’ve Got Our Eye on the ‘Sky’ as a New Position
Here’s our trading plan for the $10,000 Portfolio as we begin the week.
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The Wall Street Journal reported on Friday that Paramount Skydance (PSKY) and California’s attorney general are in advanced discussions over concessions that could be made to possibly settle a lawsuit blocking Paramount’s $110B merger with Warner Bros. (WBD). A dozen Democratic party-led state AGs, led by California, sued to block this deal back in July. A trial date had been set for this March. Last Tuesday, a court ordered Paramount management and California AG Rob Bonta to meet by this coming October 14 to try to reach a settlement.
The talks between Paramount Skydance and California officials are said to include a financial penalty if the company fails to make good on its commitment to distribute 30 films per year in theaters. According to Bloomberg News, Paramount would have to pay $30 million for each film that falls short of that goal.
Additionally, the WSJ is reporting that Paramount is considering a $1.5 billion investment in movie and television production in California as part of potential concessions aimed at resolving the legal challenge. Under discussion is a commitment to keep both Paramount’s studio lot and Warner Bros. studio lot in California and a promise not to sell either facility.
Trading
We find the above interesting as the $10,000 Portfolio is considering initiating Paramount Skydance with a long position. That decision has not been made.
While the Portfolio likes the idea of a Paramount/Warner Bros merger from a business perspective, the heavy involvement of the Ellison family is not a selling point for us given the poor quality of Oracle’s (ORCL) balance sheet.
Monday’s Intentions
– Sell 20 shares of VELO at or close to the last sale of $10.94.
Thursday’s Intentions vs Actual Trades
– Purchase 10 shares of OCUL at or close to the last sale of $10.03.
– Bought 10 shares of OCUL at $10.10.
– Purchase 15 shares of PTON at or close to the last sale of $4.88.
– Bought 15 shares of PTON at $4.98.
Other Portfolio News
Aspen Aerogels
On Friday, Aspen Aerogels (ASPN) announced that the firm’s management will meet with B. Riley this Thursday, September 24, in New York City.
Rocket Lab
On Saturday, Rocket Lab (RKLB) successfully launched the firm’s latest Earth-observation satellite to space for synthetic aperture radar company, Synspective. Dubbed the “Owl by the Dozen” mission, this project launched from Rocket Lab’s Launch Complex 1 in New Zealand and delivered the 12th StriX satellite directly into an exact 572km low Earth orbit.
This expands Synspective’s existing Earth-monitoring constellation. That launch marks Rocket Lab’s 96th Electron flight and the firm’s 17th launch of 2026.
Current Positions
Long 60 shares of ASPN at $5.1083. Target Price: $10. Last sale: $5.10.
Long 100 shares of EVLV at $5.7883. Target Price: $8.50. Last sale: $5.10.
Long 110 shares of OCUL at $8.6209. Target Price: $14. Last sale: $10.10.
Long 250 shares of ONDS at $8.0932. Target Price: $12. Last sale: $7.48.
Long 100 shares of PL at $20.3367. Target Price: $26. Last sale: $16.68.
Long 50 shares of PTON at $5.0815. Target Price: $9. Last sale: $4.98.
Long 7 shares of RKLB at $73.8629. Target Price $97. Last sale: $65.41.
Long 120 shares of SOFI at $16.0609. Target Price: $24. Last sale: $17.32.
Short one SOFI $22 Nov 19th call at $1.20, Last sale: $0.31.
Long 50 shares of SWBI at $14.0414. Target Price: $19. Last sale: $13.50.
Long 70 shares of VELO at $11.3871. Target Price: $18. Last sale: $10.94.
Cash: $141.21.
Portfolio Value: $9,799.04, -2.0% from inception on March 24th.
At the time of publication, Guilfoyle and the $10,000 Portfolio
