smuse

@MikeKuczborski @kodi_why @DaveWeLike @jonspencer33 @LiebermanAustin I think you and I have a different definition of “moat”.

@smuse86 @kodi_why @DaveWeLike @jonspencer33 @LiebermanAustin The moat is the length of time a consumer owns and uses their TV. It’s 7+ years. That’s a 7 year moat for platform revenue.

Just made two new buys. Any guesses?

@DaveWeLike @MikeKuczborski @kodi_why @jonspencer33 @LiebermanAustin It’s not a “moat” though. They don’t distribute TVs better than others or have an OS advantage on any of the big companies (google, amazon, etc.). No dig on Roku, but they are in similar moat position as trade desk (mid/independent alternative)

@smuse86 @MikeKuczborski @kodi_why @jonspencer33 @LiebermanAustin Yes Roku sells products to distribute their OS. No TV moat is why they started building their own TVs. They have strong retail relationships and there is consumer demand. Thankfully their platform revenue continues to improve.

@MikeKuczborski @kodi_why @DaveWeLike @jonspencer33 @LiebermanAustin The only reason Roku sells TVs is for their OS. Hardware is a tough business and they have no moat selling TVs. And they also have no moat in OS, really.

There’s a huge difference between $ROKU and $TTD with regard to most. Consumers hold TVs for 7+ years. A corporate entity can change their ad platform in a matter of months. It’s a huge difference. I’d add that Roku still sells dongles because loyal customers plug them into higher end TVs to essentially convert them to a Roku TV or access the Roku OS.

@jbulltard1 @Crussian17 It’s true. I’ve never seen a stock as relentlessly pummeled. No one willing to hold it right now.

@Crussian17 im not kidding ttd is like the worst stock ive ever seen

no offense to jeff green but he should have just put his $140m in $INTC bc its a waste he put in this dog $TTD

@Mitch_Tischler @grok analyze the video and make a determination on whether the ground causes the ball to come out or the defender

He has to survive the ground, if there’s no DB there and he hits the ground and the ball pops out it’s incomplete - not sure why this is even remotely debatable

@SalSports Also, does surviving the ground mean a defender ripping the ball out while you are on the ground, too? If so, how long does the receiver need to survive that?

I think the issue people have is…… So if he has possession while his knee is on the ground that supersedes “down by contact?” If so, when does survive the ground come into play or not matter?

@tjmcaulay What if a player does and then it gets stripped after?

A player going to the ground to catch a pass must maintain control during and after contact with the ground. That’s the rule. Apply accordingly.

@DougKyed He survived the ground and then had it stripped. Absent a defender, he would have maintained control. So no

I understand why Bills fans don't want to understand why it's not a catch. They're emotional and invested. It's natural. They're quite literally coping. I genuinely don't understand how anyone who is not a Bills fan does not understand that Cooks didn't survive the ground. It does not matter that for a fraction of a second his knee is down, and he was touched. That's not the rule. The moment he hit the ground, he lost control, and the ball wound up in McMillian's arms.

@BigIdeasCapital Hard to see a buyout-specific reason that totally explains the price action on the four stocks at the end of the day.

If news was $psky was the highest bidder for $wbd, psky would go up Maybe comcast bid news. $nflx would rise on that, and psky would go down Malone said, Roberts signed the wbd with his pen laugh🤣 @TMTAnalystANON @221Brew @garyHeff @PSKYEllison @sherman4949 @davidfaber

@B__Digs Either way, you’ll face some personal tax on the sale. Why only show the effect of that in one of the cases?

@B__Digs Right. But in the other case, don’t you also face capital gains tax on a personal level for the cash portion of sale?

$WBD The dredded 'special dividend'. And this assumes that Discovery doesn't use any additional cash to pay down debt.

@garyHeff Didn’t Gunnar already say (at a conference) that there had been some interest in the 20% stake? He didn’t mention who, though. This was prior to the PSKY potential bid.

Context: if $WBD is separating to sell the WB S&S business to big tech then they'll know if there's actually any big tech interest by 1) attempting to sell 20% stake and 2) having Ellison's full-company $PSKY bid create deal heat

If you're $WBD 's Zaslav you should have a good read on whether or not to accept the $PSKY bid (assuming it comes in): They're out shopping the 20% WB S&S stake. Either big tech bites for a piece or they don't If no takers or lowball for the stake, you're left with $PSKY

@accrued_int @Seth70251623591 @LivyResearch You could be right. But, also, if he thought the company he was about to run might get bought out and wanted to take advantage of that, he might also set this up. I find it harder to believe that he is day trading this pop and that he believes $19 is best he’ll ever get. Maybe?

@Seth70251623591 @LivyResearch CFOs who believe their shares are deeply undervalued don't setup 10b5-1s 🤣. I've done multi-billion dollar m&a transactions. The CFO has seen all the pitch decks for what his $WBD stock could be worth in a sale. All that matters is the Ellisons $PSKY.

Key watch items in my coverage today:🧵 Jack Ma is reportedly back to lead $BABA 's AI transformation and push into instant commerce; his return could be catalytic for the stock's recovery, as it's symbolic of Beijing's loosening regulatory grip and boosts investor confidence

@futviewer45 @TeaBagCapital Further than I thought initially, as they had been in the process of divesting those assets for months. But, per the release, it won’t be until sometime after the closing of the sycamore buyout. So a year or more, probably? And Sycamore gets the first 3.7B on the sale…

@smuse86 @TeaBagCapital How far into the future?

Market assigning $0 to the $WBA CVR in AH.

@TeaBagCapital Tied to village MD sale, which seems like a fairly certain outcome. Still, such value destruction and capitulation…

Potential $3 in CVR. $WBA

@TeaBagCapital You almost wonder if it’s tied to the outcome of some of the litigation. Either way, I think you are right. Crazy destruction of shareholder value and they don’t get much in the end

@smuse86 Usually $1 to $2 of value. Probably gets you to $12 to $13 per share. Stealing it.

$WBA

@StockViking How can I get my portfolio into the strategic reserve?

In twenty years of investing, this is the most corrupt thing I've ever seen in financial markets. $SOL $XRP $ADA $TRUMP