VIAC the floor is in
Updated
The last of the block trades have been fired off. You can make a lot of money with contrarian trades; buying something everyone hates or buying when there's blood in the streets. There's plenty of VIAC's blood in the streets and I'm 99.99% positive there's none left to spill. Buying long-dated calls and stock tomorrow.
Appears to be bouncing off 200-day MA. VIAC has incredible value in its underlying assets. It trades at an EV/EBITDA of 2.5383. (any company with an EV/EBITDA under 10 is considered to signal that it is a financially healthy, well-run company).
Price to Earnings: 10x for VIAC vs 20x P/E ratio for DISCA
Price to Sales: 0.9618 for VIAC vs 2.3759 for DISCA
Significant value versus its peers.
Appears to be bouncing off 200-day MA. VIAC has incredible value in its underlying assets. It trades at an EV/EBITDA of 2.5383. (any company with an EV/EBITDA under 10 is considered to signal that it is a financially healthy, well-run company).
Price to Earnings: 10x for VIAC vs 20x P/E ratio for DISCA
Price to Sales: 0.9618 for VIAC vs 2.3759 for DISCA
Significant value versus its peers.
Trade active
Here she goes: bought $42 strike calls with 4/23 expiry active alongside a stock position that I will be adding to as funds become available
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