FuboTV Inc stock $FUBO has started to drop since merger news hit and the stock ran to new highs of $6.45 - The question is... are you worried? Or are you cool as a cucumber? Hope you're having a good week 🙂 ***** Full Disclosure - I personally own a handful of shares of $FUBO *****
@@balrajsingh3893 I like it at that level personally. If you own shares you probably have a good chance to see profits if you give it some time in my opinion. Could always consider averaging down if shares drop lower, or grab some puts to protect the downside.
I have a ton of leap calls for 01-15-2027 that I bought while stock price were at 1.45 ish. Given the actual pullback that has already occurred, Holding lonnnnng. Can hardly see this tanking significantly given the news. I do wonder if having sold the top and buy back in as shares might not have been a better idea, given the fact it’s not clear how long the deal will take to go through.
@ In my opinion there's value here. And while I don't personally have much cash, if it drops into the 2's, I may add and average up. We'll see what happens.
Top man thanks for video. Dip is good time to buy more, im averaging up. Venu discontinued. New carriages agreed Wbd coming soon. Skinny bundles, ad revenue will sky rocket.. Dont miss out
also Venu was just cancelled, which means new FUBO will get all that revenue too since Disney said FUBO will create a new exclusive platform and bundles including their ABC & ESPN channels ✌️
In my opinion, even though it was the bulk of his shares, I don't personally view it as a big deal. Probably will end up buying back shares at a cheaper price on a market correction, or after the hype fizzles out. Maybe there was a silent agreement behind closed doors, who knows. People used to speculate that FUBO couldn't survive on their own, and now they have cash and Hulu, so fundamentally from a business perspective, some of the board taking profits after holding the whole time through the storm not only makes sense to me, but shouldn't signal any red flags.
Is this near the top though? FUBO was almost 4 and on it's way to 5 before the lawsuit. So in my opinion, with Hulu also, and a few hundred million cash, I think it pops and hits new highs. But Wall St could be waiting for continued earnings to reward the stock. We'll see.
I feel most of the people that jumped into this were traders and wanted to push this up and it did. The timing wasn’t the best as the next day the market was very red on bad Jobs data and literally the only thing green was FUBO, the momentum was stifled at this point and the hype fizzled out quick.
FuboTV Inc stock $FUBO has started to drop since merger news hit and the stock ran to new highs of $6.45 - The question is... are you worried? Or are you cool as a cucumber?
Hope you're having a good week 🙂
***** Full Disclosure - I personally own a handful of shares of $FUBO *****
i bought it at 5
should i hold
@@balrajsingh3893 I like it at that level personally. If you own shares you probably have a good chance to see profits if you give it some time in my opinion. Could always consider averaging down if shares drop lower, or grab some puts to protect the downside.
I have a ton of leap calls for 01-15-2027 that I bought while stock price were at 1.45 ish. Given the actual pullback that has already occurred, Holding lonnnnng. Can hardly see this tanking significantly given the news.
I do wonder if having sold the top and buy back in as shares might not have been a better idea, given the fact it’s not clear how long the deal will take to go through.
@ In my opinion there's value here. And while I don't personally have much cash, if it drops into the 2's, I may add and average up. We'll see what happens.
@@balrajsingh3893 Yes, you should hold, and if with means, buy more.
Top man thanks for video. Dip is good time to buy more, im averaging up.
Venu discontinued.
New carriages agreed
Wbd coming soon.
Skinny bundles, ad revenue will sky rocket..
Dont miss out
also Venu was just cancelled, which means new FUBO will get all that revenue too since Disney said FUBO will create a new exclusive platform and bundles including their ABC & ESPN channels ✌️
Yes I think it might consistently climb from these low levels over time. I'm curious to see some earnings down the road.
I have a matematical question, if something takes 24 hours to do and someone else does it 166 times faster , how many hours will it take?
Bot city 🤖
Whats your opinion on the CEO selling over 85% of his shares at $5.50? Do you think he will buyback cheaper?
In my opinion, even though it was the bulk of his shares, I don't personally view it as a big deal. Probably will end up buying back shares at a cheaper price on a market correction, or after the hype fizzles out. Maybe there was a silent agreement behind closed doors, who knows. People used to speculate that FUBO couldn't survive on their own, and now they have cash and Hulu, so fundamentally from a business perspective, some of the board taking profits after holding the whole time through the storm not only makes sense to me, but shouldn't signal any red flags.
It was a predetermined sell. He filed that hears back to sell at 5
Ye it was a planned sale.
Institutions will never buy at the top
Is this near the top though? FUBO was almost 4 and on it's way to 5 before the lawsuit. So in my opinion, with Hulu also, and a few hundred million cash, I think it pops and hits new highs. But Wall St could be waiting for continued earnings to reward the stock. We'll see.
I feel most of the people that jumped into this were traders and wanted to push this up and it did. The timing wasn’t the best as the next day the market was very red on bad Jobs data and literally the only thing green was FUBO, the momentum was stifled at this point and the hype fizzled out quick.
Very interesting. I'm curious to see if it holds and bounces, or drops back down. Appreciate your input 👍
just a minor pullback after the news hype
still a great hold mid to long term
Think it can get back to double digits?