Sandyboy
12-11

Someone educate me. I saw in news that Netflix bought Warner for few billions the reporting was shadowing it's a done thing. So how does this Paramount thingy happen. Did Netflix not buy Warner, and Paramount offer is higher means it is still undecided? 

Netflix May Lose $90? Short NFLX & Long WBD?
Netflix lost near 15% in two weeks. While institutions upgrades Warner's price target. As the deal continues to develop, should we be bullish on WBD, bearish on NFLX, or look for an arbitrage opportunity?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • JC888
    12-11
    JC888
    Hi, if you want the complete picture, read my 2 posts. They are the latest info.

    https://tigr.link/s/90D3giA

    https://tigr.link/s/60D3lwV

    Hope you like them enough to "Follow me" for my Daily coverage.

  • Crabataur
    12-11
    Crabataur
    Great article, would you like to share it?
Leave a comment
2
741