Originally Posted by Hog's Gone Fishin:
Yes I can but they can be heavy. what would you like? I have some pretty neat volcanic glass and volcanic ash boulders. Lots of my stone actually comes from your neck of the woods.
Originally Posted by lewdog:
What we doing with AMC?!?!
Still holding what I got, just about 350 shares. Just gonna set it off to the side and forget it. I think it's got room to grow once we get these theaters back open. [Reply]
FUBO was already undervalued, and it was just announced after market close that they have exclusive 2022 World Cup streaming rights. In for 100 shares at 21.75. [Reply]
Originally Posted by MTG#10:
FUBO was already undervalued, and it was just announced after market close that they have exclusive 2022 World Cup streaming rights. In for 100 shares at 21.75.
Originally Posted by lewdog:
Soccer ****ing sucks!!!
I agree but the rest of the world doesn't.
Here's a nice DD from your favorite folks at Reddit, pros and cons just to be realistic. This was written and posted just a couple hours before the World Cup news was announced.
Originally Posted by : Pros:
Sports Betting: As many of you may know, FUBO plans to add integrated sports gambling tied into their streams as an option. The sports gambling market is expected to roughly quadruple in the next 4 years overall. FUBO only needs to get a small slice of that pie.
Value compared it to its competitors: FUBO has a market cap of about 2.9B. ROKU=48B. DFKN=24.5B. I think we all understand Roku and Draft Kings are much better at what they do then fubo, but 10x-20x more valuation? That’s a stretch. Simply based of FUBOs revenue and market cap, this stock should be tripled.
Aggressiveness as a company; With the acquisition of Vigtory, and a recent closing of a deal with Marquee Network I like how they are not satisfied as a company and they are swinging for the fences.
Options spreads: i don’t know if its big brained gamblers or insiders who know whats coming, but the recent Volume on Calls compared to Puts is ridiculous. A put/call ratio from 0.07-0.19 for the rest of April, and an implied volatility of 130%.
Future Growth, Cord cutting: Cord cutting has only just started. More and more will move to streaming platforms, and FUBO has been winning more than its fair share of those customers. Their expected revenue for 2021 is 460M which is incredible based on their market cap. They have 550k subscribers,73% growth year over year. Also their advertising deals are growing too, 53% growth year over year. receiving $20 per user for ads.
Institutional Holders: Tutes own roughly 40% of the shares, Disney being one of the big share owners.
Natural Cycle of a Growth Stock: If anyone thinks this is a POS stock because it's gone down a bunch for no reason? Guess what, pretty much any young company has that experience before the rockets take off. Look at ROKU for example. From Nov19-March 20, it lost more than 50% of its value over that time period.Then it jumped up 600%
Short Squeeze: FUBO has some serious potential for a short squeeze, the short float is at 35%, and it's already been beaten down enough. We’ve seen plenty of examples of the shorts picking on a “cult” stock that is already down plenty from recent high, with relatively low float.
Reasons for the recent stock collapse:
It has been a perfect storm for Fubo bears. The stock has been in a free fall since February.
A pullback from its parabolic rise in 3 months was inevitable.
The Q4 2020, ER report confirmed the company's growth. But because they are not making money, which of course they're not, there was a selloff nonetheless.
Money was shifted out of growth stocks to more profitable stocks recently.
There are some fugaze lawsuits coming FUBOs way, but any stock that has fallen this much is under lawsuit, this is nothing to worry about.
Arcehgo’s hedge Fund defaulted $30 billion, much of that was in media companies (most notably DISCA, VIAC, and to a lesser extent FUBO).
FUBO’s IPO investor Lock-Up ended April 6th, and the sell off on the 7th.
The shorties, its always the ****ing shorts
Cons:
Technical Analysis, which is wizardry to a mere mortal like me suggests that worst case scenario, FUBO goes down to $15. But I can’t imagine we will get there, I think it holds up at support. It has bounced off the 200ma 4 times in the last couple weeks.
I can only assume they are bleeding cash, and may need to have an offering soon
Their business model , vMVPD, seems like a very boomerish way of “cord cutting”. Because you’re still paying for a bunch of shit you may not want.
Will the gambling aspect work? People like DFKG and fan duel just fine.
There are probably some serious bag holders in the $30-40 range, and we could see some resistance from them as they look to sell when they break even.
