EBITDAtiger

VIAC the floor is in

Long
EBITDAtiger Updated   
NASDAQ:PARA   Paramount Global
The last of the block trades have been fired off. You can make a lot of money with contrarian trades; buying something everyone hates or buying when there's blood in the streets. There's plenty of VIAC's blood in the streets and I'm 99.99% positive there's none left to spill. Buying long-dated calls and stock tomorrow.

Appears to be bouncing off 200-day MA. VIAC has incredible value in its underlying assets. It trades at an EV/EBITDA of 2.5383. (any company with an EV/EBITDA under 10 is considered to signal that it is a financially healthy, well-run company).

Price to Earnings: 10x for VIAC vs 20x P/E ratio for DISCA
Price to Sales: 0.9618 for VIAC vs 2.3759 for DISCA

Significant value versus its peers.
Trade active:
Here she goes: bought $42 strike calls with 4/23 expiry active alongside a stock position that I will be adding to as funds become available


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