ViacomCBS Inc. Class B (VIAC)

40.68
0.91 2.30
NASDAQ
Prev Close 39.77
Day Low/High 39.80 / 41.46
52 Wk Low/High 14.39 / 101.97
Exchange NASDAQ
Shares Outstanding 628.25B
Market Cap 24.99B
P/E Ratio 21.00
Div & Yield N.A. (N.A)
Chinese Tech Stocks Sell Off After 'Missed' Archegos Margin Calls

Chinese Tech Stocks Sell Off After 'Missed' Archegos Margin Calls

Nomura, Credit Suisse warn profits will take a hit after a client - reportedly Archegos Capital Management - missed margin payments.

Huge Selloffs Offer Red Meat to Hungry Traders

Huge Selloffs Offer Red Meat to Hungry Traders

Discovery Inc. and ViacomCBS on had peaked last week on Reddit-like momentum buying combined with frantic short covering and saw big volatility. I smelled opportunity.

Jim Cramer: The Game Isn't Rigged, There's No Vast Conspiracy

Jim Cramer: The Game Isn't Rigged, There's No Vast Conspiracy

Stay focused and look for opportunity.

The 'Nonsense' Happening in the Market Right Now Will Soon Pass

The 'Nonsense' Happening in the Market Right Now Will Soon Pass

This is a process that occurs on a regular basis, and eventually, it should lead to another great upside run.

ViacomCBS Is Falling

ViacomCBS is now trading at $50/share - I would no longer be short this name.

ViacomCBS

Round trip for ViacomCBS ?

Price Is Truth

For those that believe "price is truth" I point out that ViacomCBS's shares are -$23/share in the last 24 hours. Machines, Robinhooders and algos are the ally of the rational buyer and seller.  

Looking at VIAC

If I was still short I would probably be covering ViacomCBS  short here, at around $79.60. Still overpriced but likely time to move on. The company priced 20 million shares at $85 this morning.

You Done Tore Out My Heart and Stomped That Sucker Flat

"You keep on stompin' And my heart is on the floor..." - Lewis Gizzard, You Done Tore Out My Heart and Stomped That Sucker Flat  In yesterday's opening missive, "The Market Is a Hard Dog to Keep Under the Porch," I argued that the U.S. stock market ...

Viacom's Amazing Rally and New Supply Have Got Our Attention

Viacom's Amazing Rally and New Supply Have Got Our Attention

The shares have more than tripled in the past seven months.

Viacom Secondary Offering

"Just one more thing." - Lt. Columbo   Break in!   Viacom announces a secondary offering of $2 billion in common stock and a $1 billion convertible preferred.   Last week I tweeted out my expectation that this would occur.        

From The Street of Dreams

Yesterday BMO downgraded ViacomCBS , today Maquarie downgrades the stock.

ViacomCBS Cut to Underperform at BMO

Two Large Shorts

I have large short positions in and now.  These might be two of the most overvalued non technology stocks on the NYSE currently.  

When Equities Trade Like Commodities

* Many might consider backing off a bit from the game - by reducing your portfolio's 'VAR' * The pivot from growth to value may have hit a short term peak in intensity yesterday * If correct, there may be developing value plays in growth - I like Am...

Adding to VIAC

I added to my short on the opening.

Today's Trades

Additional add on longs today - and Additional add on shorts today - , , , and . New short and add on today-

ViacomCBS Short Rental

Taking a short trading rental in ViacomCBS at $71.50 now. More to come.

Tuesday's Wild Ride, Jay Powell, Borrowing Concerns, Palantir, Trading Nvidia

Tuesday's Wild Ride, Jay Powell, Borrowing Concerns, Palantir, Trading Nvidia

The Fed Chair threaded the needle better than Joe Montana down by six with a minute to go on any given Sunday.

Minding Mr. Market

Once again Mr. Market rallied from the morning's weakness. Nevertheless, the pivot from growth to value was conspicuous (just look at Viacom , Kraft , the banks, etc.). I continue to add to my aggregate net short exposure. Thanks for reading my Diar...

Jim Cramer: The Birth of a Market Bottom, Part 2

Jim Cramer: The Birth of a Market Bottom, Part 2

The Fed's Jay Powell pulled out the heavy artillery to help keep the economy and financial markets going, but would it be enough?

Here Are Sectors and Themes Promoted in Social Media

Here Are Sectors and Themes Promoted in Social Media

What's most important about this market is understanding which themes are driving the action.

My Message Remains the Same: Sell Stocks Now

* Growth is underperforming and value is extended * Where is the beef (leadership)?  With the clear acceleration in the pivot from growth to value in the last 2-3 months, large cap growth stocks have been conspicuous in their underperformance. The p...

Coulda, Shoulda, Woulda (Part Deux)

* Paradise Lost on the puts   I knew it!!!   Stocks closed out their lows, reversing the nice gains of the morning.   Breadth, which exceeded 3-1 hours ago, still ended 2-1.   Banks and selected were, once again, the world's fair -- along with value...

My Message Is Simple: Sell Stocks Now  

* I find a record low number of stocks that meet my standards for purchase today * Book mark this missive! * Stated simply...   "You're betraying your whole life if you don't say what you think - and you don't say it honestly and bluntly." - Charles...

Dealing With, Interpreting, and Understanding the Market Consequences of a Dark Day in History

* As I predicted 13 months ago, the streets have grown violent in the aftermath of the election * But, markets have no conscience and are increasingly dispassionate * Structural changes - specifically the proliferation of "passive investing" - have ...

My Biggest Mistakes of 2020

* There were many! Among my biggest mistakes included: * Selling ViacomCBS * Selling Disney , Facebook , Morgan Stanley and Goldman Sachs prematurely * Selling cannabis stocks * Shorting Apple * Not buying AAPL * Not sticking with my Zoom Video shor...

The Stock That I'm Not Long but Want to Be Is Disney

The Stock That I'm Not Long but Want to Be Is Disney

DIS is betting the farm for now on expanding its streaming video services.