Poll of the Day > cbsviacom stock dropped like 50%

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Lokarin
03/29/21 1:48:46 PM
#1:


Time to buy viacom!

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Mead
03/29/21 1:49:11 PM
#2:


I already own a vacuum

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Zeus
03/29/21 2:03:06 PM
#3:


Apparently they're being shorted by hedge funds? Kinda wonder why people at large are so okay with this kind of economic sabotage, considering that even Elizabeth Warren took the side of hedge funds recently when she went after Gamestop investors who were trying to ruin shit for the hedge funds and declined a criminal investigation against RobinHood and its moneyman for halting buying to protect the hedge funds (although nobody should be terribly surprised by somebody whose career began as an Obama appointee turning out to really be a crook; after years of talking tough and taking action elsewhere, she was more mad at investors than the criminal capital management protecting their hedge funds and old RobbingHood).


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ParanoidObsessive
03/29/21 2:03:54 PM
#4:


What particular news story or info caused the drop? Usually you don't get dips that severe without something prompting them (even if it's just a change of CEO or some exec saying something stupid in a soundbite or something).
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Lokarin
03/29/21 2:05:45 PM
#5:


ParanoidObsessive posted...
What particular news story or info caused the drop? Usually you don't get dips that severe without something prompting them (even if it's just a change of CEO or some exec saying something stupid in a soundbite or something).

It was trading $12 last year and it lept up to about $100 with their announcements to embrace streaming...

but then they didn't... oops

https://www.nytimes.com/2021/03/26/business/media/viacomcbs-stock-price-viac.html

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LaggnFragnLarry
03/29/21 2:23:25 PM
#6:


its because they only released 10 episodes of salute your shorts instead of giving us all 26 on paramount plus. also no adventures of pete and pete. they got a great catalog theyre holding back on
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Galcian
03/29/21 2:39:43 PM
#7:


Good

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faramir77
03/29/21 2:50:16 PM
#8:


I was going to ask what impact this could have on GameFAQs, but CBS Viacom apparently sold GameFAQs to another company last year. Somehow I missed that.

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ClarkDuke
03/29/21 3:13:06 PM
#9:


LaggnFragnLarry posted...
its because they only released 10 episodes of salute your shorts instead of giving us all 26 on paramount plus. also no adventures of pete and pete. they got a great catalog theyre holding back on
i was going to say this, but fortunately larry and i think alike, ok?

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