Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[Rain Man]

Originally Posted by Hog's Gone Fishin

Would you like me to ship you a pallet?

I'm worried that they won't fit in my mailbox.

[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.

[lewdog]

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.

Soccer ****ing sucks!!!

[MTG#10]

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.

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.

[scho63]

Originally Posted by scho63

APPL has been a dog recently but I think its time to add more

AAPLs up $10 since this.

Why didn't I buy calls? Because I'm an idiot.

[lewdog]

Where have all the money makers gone?!?!

[Mr_Tomahawk]

LCLP!

[neech]

VYGVF has been a good stock for me.

[BigBeauford]

Don't mind me. Just over here crying in the corner because I didn't buy Nuance stock a year and a half ago when it was about $16 a share because I'm a pussy. Heard Microsoft bought them, and I did what I shouldn't have done and looked at the share price today.

[neech]

Originally Posted by BigBeauford

Don't mind me. Just over here crying in the corner because I didn't buy Nuance stock a year and a half ago when it was about $16 a share because I'm a pussy. Heard Microsoft bought them, and I did what I shouldn't have done and looked at the share price today.

Good move by Microsoft.

[BigBeauford]

Originally Posted by neech

Good move by Microsoft.

Nuance's clintegrity software for hospital coding is complete crap, but Dragon Medical ONE is a life altering change for providers and their ability to dictate charts. It is SERIOUSLY amazing software that rivals Epic and Cerner for its impact on Healthcare. With a competent company running the ship on this endeavor (which Nuance is anything but) this software is going to the freaking moon when it comes to proliferation in Healthcare settings.

[lewdog]

What’s Chris saying about BNGO?!

[MTG#10]

Back in the AMC game but not much, 50 shares @ 8.60.

[lewdog]

Originally Posted by MTG#10

Back in the AMC game but not much, 50 shares @ 8.60.

****ing pussy

[MTG#10]

Originally Posted by lewdog

****ing pussy

My portfolios both got pounded like one today