If you liked Burry on GME, you’re gonna love him on DISCA
Alright, idiots, here’s DISCA.
Burry owns 500,000 shares and a mess of calls on DISCA. You followed him on GME with less DD then I about to give you from memory. Buy it or don’t, I’m gonna take my winnings and go homesteading with that guy with a mustache.
Discovery Communications is a telecom heavyweight. They run the most profitable network portfolio in the paid cable game (Discovery Channel, TLC, HGTV, Animal Planet, Food Network, HGTV, and Travel Channel). Their networks are the #1 (TLC) and #2 (HGTV) for female viewers in domestic markets. They also have the largest sports network in all of Europe and are prepared to deal with that during the pandemic.
On their earnings call last week they said they were going to announce a new AVOD service/partnership in early December. Their current one is already doing well, their next will be even better. The rumor is coming from the CEO, so I'm fucking buying it. When the news pops, IO'm going to sell.
Holding about a dozen 12/18 22.5c 25c 27.5c 30c
Submitted November 09, 2020 at 09:32PM by DisputablyGreen
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