ViacomCBS Inc. Class B (VIAC)

* What's to like? Very little.. * Though the averages have held up (thank you "Nifty Seven"), a look under the hood reveals a dismal picture of broken stocks and charts  "Last thing I remember, I was Running for the door I had to find the passage ba...

Both Discovery and AT&T have a new look over the last few days. It should only happen to ViacomCBS .

I have added to AdvisorShares Pure US Cannabis ETF , ViacomCBS and FibroGen this morning.    

ViacomCBS has been a poor investment (and many are frustrated with the name) but I continue to add on weakness.   However, there was some better news on VIAC after the close.   Reposting in the event you left early (!): Nov 17, 2021 ' 04:49 PM EST D...

ViacomCBS  put out this press release after the close:   Paramount+ Reaches New Heights With Best Week Ever The Streaming Service Adds More Than One Million New Subscribers, Breaks Acquisition and Engagement Record NEW YORK, Nov. 17, 2021 /PRNewswir...

I added to the following longs this morning: , , , , and . __________  Long C, IVZ, VIAC common and calls, FGEN, MSOS, DISCK. Short C calls, IVZ calls, VIAC puts, FGEN calls, MSOS calls, DISCK calls.

Barron's featured Bakish and Redstone's ViacomCBS buys this weekend. (Also, this.)  That may have accounted for the early morning strength which has now faded. I added, again.

With my buying over the last two days, is back to being my largest long position. ViacomCBS (ugh!) falls to second place.

Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get you into his arms - Dusty Springfield, Just Wishin' and Hopin'  Yesterday I highlighted Discovery  - the shares are up by another 3% today - a ...

* Added to my short. * Established a trading long rental. * Added to and . * Buying more . * Aggressively adding to cannabis names after Representative Mace announced her legislation will be delivered on Monday, well ahead of expectations. * Added t...

* Adding to Boeing . * Streaming stocks go from loser to hero ( and ) * Banks catch a bid o the rate rise ( -$1.50) - steadily adding to . * Scaled up on my short - cost basis now $344.10.

I bought more and in the premarket.  That is all I have done thus far today.

* In my view, the rising expenses associated with VIAC's streaming initiatives move the company one step closer to being acquired  ViacomCBS achieved in-line to stronger results relative to expectations across all its business lines in the third qua...

Thanks for reading my Diary today.   It was another weird day in the markets, with the S&P 500 index up 20 handles, while the average stock was lower.   I covered a bunch of shorts (winners and losers) and moved to a medium-sized position in Citigro...

This was just received in my in box from the single best entertainment analyst I have ever met - regarding today share price drop in ViacomCBS :  "There is no rational expectation for the weakness. I am buying more..."

I just covered half of my remaining and shorts.  I can't explain the weakness in ViacomCBS and I have further increased this already large long position.

From Goldman: ViacomCBS Inc. : 3Q21 First Look ViacomCBS (Buy) reported solid 3Q21 results that came in slightly ahead of our estimates for revenue ($6.61bn vs GSe $6.56bn) and Adjusted OIBDA ($1.02bn vs. GSe $999mn). The upside was primarily driven...

My first look at Viacom's  results are a slight top-line beat and in line bottom-line (adjusted for non recurrings). More after the conference call. I am adding in premarket trading.

Buying , , , and .

I continue to add to a very large position in Viacom .  This is not a trade. I don't care about the chart or the FIB numbers. I am looking at upside reward vs downside risk in terms of years and not weeks.  VIAC, for me, is a long term investment - ...

The entire entertainment/telecom area is under severe pressure today.  I can't figure out the reason for the weakness - save a technical breakdown, which these days are as good of a reason as any.  As it relates to Viacom , I continue to add.  While...

My two largest longs are and .

Covering some of my short and adding to my short (EPS out tomorrow). Adding to long and covering some of my short.

"Wookin' pa nub in all the wrong places..." - Eddie Murphy, Saturday Night Live    Before I deliver my opening missive I wanted to emphasize and repeat some important lessons recently learned.  Regardless of one's market view - more on this in my op...

With a late Friday night agreement to avoid a Hollywood strike, I would expect ViacomCBS to rally a bit from Friday's weakness - likely a result of fear of a prolonged strike.

My second largest long is now .  As mentioned previously, my largest long is  .