$FUBO
Friday, Jan. 3rd ($1.44-Close)
Monday, Jan. 6th ($5.30-High); $DIS merger announcement was pre-market.
Go into these near-term weekends locked & loaded because the initial pre (or post) market move on approval news will be FAST! Don’t get caught chasing! 👊🏻
$AMD please keep selling your shares folks!! Eyeing $140ish zone first (where I’d nibble) and then if we’re REALLY lucky $120’s (where I’d reload heavily) !!!
$FUBO fundamentals flipped:
• Adj. EBITDA swung to +$20M (from -$10.9M y/y)
• Op loss improved from -$35.6M → -$5.9M
• Cash & equiv. ~$283M
• Hulu Live TV deal pending; if blocked, my read is they’re due significant $$ — balance sheet win either way.
$FUBO sentiment ramping up. With the calendar flipping & rate cuts likely in a matter of weeks, a temporary rotation out of big tech to small cap feels inevitable. Absent a market-wide black swan, the set-up is perfect for the $DIS merger approval & 9/30 vote. Buckle up! 🚀
$FUBO should see an uptick in volume and action today as institutions & managers re-balance & rotate on last trading day of the month.
I’d always felt we’d get $DIS merger confirmation in August but my conviction remains strong that news is imminent. 🚀
$FUBO essentially sideways today on the skinny bundle news. I’ve never believed this would materially move the stock.
It has and will continue to be about $DIS merger approval & how the NewCo. is aligned to compete with $GOOGL YouTubeTV.
$FUBO essentially sideways today on the skinny bundle news. I’ve never believed this would materially move the stock.
It has and will continue to be about $DIS merger approval & how the NewCo. is aligned to compete with $GOOGL YouTubeTV.
$FUBO at $3.50 is $NFLX at $100.
People have no idea what $DIS is about to do with $FUBO & Hulu Live TV post merge. Bob Iger & $DIS are coming for $GOOGL YouTubeTV subscribers and premium/exclusive sports content will drive the exodus.
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