I'm confused why no one is talking about this stock? CBS is a very profitable company, large subscription base, screwed by HF so stock dropped 60%, has higher short than GME, next quarter earnings in less than a month with last dividend pay out, price to earnings ratio almost 12 times that of competitors, and just received a 11 year contract for the NFL. Main reason it tanked was because a HF Archegos screwed them and got margin called having causing several banks to sell off shares to cover the leveraged loss. Several analysts in the past week have upgraded $VIAC to a buy and to outperform, with the stock price point of ~70. Its currently selling around a little above 41. The major unwinding has already occurred, but the shorts keep pushing the price down any time the momentum starts which is scaring people away. Buy the stock, make a quick buck when it booms, then buy more GME....simple. There has been several DD posted in here but it keeps getting down voted. I wonder who is doing all the down voting? Could it be all the shorts trying to prevent another GME? IDK but getting into this stock now is all over the market. Is there something I'm missing?
$VIAC
4 years ago in #walllstreetbets by bemotivated (-8)(1)
$0.00
Holy crap this chart is insane. I’m watching
I bought some shares @ $42. I think it will get back to $60s no problem in a reasonable time. Back up towards $100 will take a long time.
Buy meme dreams, short solid companies. This is the new way.
Frankly I'm with you though, jumped in too fast @44 and looking for a bottom to average in.
I’d buy in the 30s. I’m still not convinced the banks have liquidated their entire positions.