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In Reply to: I get your point, but... posted by dark_dave56 on January 4, 2023 at 11:41:11:
If you had to buy, you did it at the right time I think.
It's likely going to be at least two years for WBD to unfook itself. In the meantime it's dead money. All the entertainment providers out there are really struggling to figure out how to make money in the streaming world and WBD is no different. There's going to be a BUNCH of consolidation over the next few years in that market segment.
Funny enough, I've recently taken a position in F. Never owned an auto maker before. It too will take time to go up in price, but at least I collect 5% div yield while I wait.
I think your basic instinct is right. WBD will go up. The debate is how long it will take.
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- RE: I get your point, but... - Sondek 01/4/2312:06:18 01/4/23 (0)