ViacomCBS Inc. Class B (VIAC)

Street bull - and my buddy in East Hampton, LI - Jessica Reif reduces target from $53 to $39 and moves from buy to neutral - citing that her previous bullish thesis was based on the company being a potential attract target amid a wave of media conso...

Goldman Sachs lowers its ViacomCBS price target from $65 to $54.  As you can see in the EPS revisions in the chart below - the 2022/23 downgrades are meaningful, reflecting higher than expected streaming content spend:  ViacomCBS Inc. (VIAC): 4Q21 R...

* I sold out my entire VIAC position - common, preferred, calls and short puts - on Monday as I was fearful of a miss to profits * The company's results raise the issue of "profitless prosperity" in streaming * Everyone's new "value play" is looking...

* Higher streaming costs will likely lead to weak 4Q2021 EPS results - to be reported tomorrow - and will likely dull and limit overall EPS growth in 2022-24 * Barring a merger, which seems increasingly unlikely - see below, the shares could be rang...

* Phew!  Here is a review of my trades today:  * I covered my short and actually went long (on average $452.84) some SPY against my short SPY calls - as it was premarket and puts/calls were not trading! - bringing me back to market neutral. * I adde...

Still out of the office. But I made some moves on whoosh lower: - Covered short with a big profit and moved back to market neutral - Selling a large portion of my Viacom long, adding to .

* For now it is "profitless prosperity" as streaming industry content costs will weigh on Viacom and other companies' profitability * Viacom's 4Q2021 EPS report will likely be weak and EPS could be pressured further in 2022   As a long-time investor...

ViacomCBS continues to be the "world's fair."

Added to , and .   (If nothing else I am consistent).

* The setup for 2022 is far different than 2021. * After a lengthy period of unbounded fiscal and monetary largesse we are exiting peak economic activity and peak liquidity * Sell strength and buy weakness? * The growth and narrow market performance...

Morgan Stanley reiterates a market neutral position on ViacomCBS , lowering target price from $42 to $37.  The price target represents a reasonable 8x 2023 EBITDA.  Morgan Stanley's bull case on VIAC yields a price target of $52 share.  To the broke...

I have added to , and .

* I have covered my short at $467.41. * I covered my short at $157.94. * Broad-based increase in my and individual cannabis names. * Added to at $30.36. * Added to  at $59.90. * Bidding for more under the market.

Added to at $61.87 and to at $31.08. Shorted more at $468.87.

I honestly want to aggressively expand my ViacomCBS and cannibas exposure right here, right now - at today's prices.  My investment thesis on ViacomCBS.   And on cannibas - here is the key to the "SAFE": A Pathway to Pardons ¿¿ ¿@weldon_angelos¿ ¿@D...

ViacomCBS in The Hollywood Reporter today. 

It appears that the wallstreetbets/reddit community is rediscovering ViacomCBS .

In case you missed it, I posted this late in the day about ViacomCBS in the Comments Section: dougie kass • 12 hours ago Viacom insider buys after close: Bakish 39,855 shares VP jones 1868 shares VP Phelps 2629 shares VP Phillips 3,288 shares VP lea...