Bill Ackman Plans To Take Laundromat Public Through SPAC After Viral Tweet

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Bill Ackman Plans To Take Laundromat Public Through SPAC After Viral Tweet
stevepb / Pixabay

In a sensational tweet shot off today, local investor, Codie Sanchez, claims that her one single laundromat makes more money than the multi-billion Uber Corporation.

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Q2 2021 hedge fund letters, conferences and more

Disclaimer: This is a satirical article.

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Ackman To Take Laundromat Public Through PSTH

After fact checking Codie’s statement (we are very “credible” and full of “integrity”) we can fully state that Codie is 100% correct in her analysis. Uber is in fact an $85 billion dollar corporation that loses over $500 million per year. This fact proves that Codie’s one single laundromat that she purchased for $100,000 nets more income to her than the entire Uber Corporation.

Investors rushed to sell Uber in droves after this groundbreaking news was announced. The stock is down over 69% and is currently halted. Rumors are now flying that Bill Ackman is looking to take Codie’s laundromat public through Pershing Square Tontine Holdings (“PSTH”).

This post first appeared on The Stonk Market


Disclaimer: This is a satirical article.

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