Bought more shares. Looked today at how the disney PE took off once d+ got traction. It made an incredible move from 20 trailing pe to 60+ even as it's core business (theme parks) were totally shuttered for covid. Even if it doesn't happen overnight, HBO max WILL get on that trajectory. They have much better content than their peers and this 1 year marketing promotion (new releases on the platform) will expose people to the project and it will be sticky. International rollout this year. I could go on and on. Once wall street believes the story, PE will climb to 30 and beyond here. Bought in big today on top of my existing positions. VERY BULLISH GOOD TIMES AHEAD!
4th quarter earnings Wednesday morning. Get in before they report because this is going to pop at least 5%, maybe 6% on Wednesday. They're going to report a record breaking wireless revenue, as their trade-in offer on new phones for existing customers has been a huge success!! And HBO Max sign-ups is going to surprise to the upside with the Blockbuster Movie releases being planned for this year, far exceeding expectations. By Friday, I predict a 9% upside in the stock price. The only thing that may hold this back is if they also provide an update on the C-band auction results, which may scare off investors because of the increased debt load they'll be taking on (which they don't need right now)
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