PSKY
Paramount Skydance Corporation Class B Common Stock
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$PSKY short squeeze. No. Sellers , big short, news changing towards settlement. $50B coming in at $16
Y? Terrible company & people. You want Paramount producing Trad wife series & abstinence flicks instead Of HBO classics like The Wire? No sir. I us PSKY & Ellisons
77% of [$PSKY](https://x.com/search?q=%24PSKY&src=cashtag_click) is held between Ellison Family + Institutional investors- both waiting for the merger. Only 23% of the float is traded. One or two ambitious funds and wall street bets could take [$PSKY](https://x.com/search?q=%24PSKY&src=cashtag_click) to $100 and there wouldn't be any sellers.
While everyone is waiting on the merger $PSKY - $WBD - none of the large institutions in the deal are sellers. Therefor $PSKY could squeeze to $100 before trial ends.
As those other companies keep rising they take up room in the entertainment sector. I'm keeping my eyes on PSKY.
Antitrust review is over. The deal has already been approved under the requirements of the Clayton Act. This is a third party claim. You should send your AI slop to Jeffrey Kessler, the guy representing PSKY in the deal. I’m sure you could set the record straight for him.
I would have preferred ROKU stay independent. I sold most of my Roku shares since the stock is essentially range-bound by the fox buyout. However I did put about half of the sale back into FOX shares. My reasoning was that Fox got a fantastic deal on Roku given it's growth prospects. Fox was relatively fairly priced at the time but still suffered a steep drop on announcement. I think the addition of Roku improves Fox's growth prospects significantly and both companies will print money. So far it's been the right decision as my FOX shares are up over 20% since the buyout announcement, though the massive world cup win did help. Assuming the looming PSKY/WBD merger goes through I think there's potential for a combined FOX/ROKU to fill the void left by that merger as well.
# 🎵Bye, bye miss American SPY🔥 # Drove my Tesla to the thing that rhymes with Tesla🔥 but that thing was dry # 🎶And them good old boys were drinking DRAM 📉and PSKY🔥 # Singing this’ll be the day Meta 🤡dies… this’ll be the day that Meta 🦎dies 🎵🔥
Should the merger be blocked the market will probably punish WBD severely, at least at first. But I don’t understand that view. WBD was doing quite well at paying down debt. HBO Max is arguably the strongest streaming service, at least as far as customer satisfaction goes. Netflix, declared the winner of the streaming wars, is now going through a period where subscribers are asking themselves why they remain subscribers with all the slop and price increases. Paramount would definitely be weaker. Disney and Hulu seem to be wandering aimlessly. To say nothing of the $7B that WBD suddenly receives! Recall that the original PSKY offer was an unsolicited offer. WBD had to entertain it only because the market had punished the stock to such ridiculous lows.
So NFLX swoops in to buy PSKY as a penny stock, then buys WB out. Leaps on NFLX?