$fuboTV Inc.(FUBO)$ this stock is a good example of why you should not listen to the bs stock recommendations from TigerBrokers, "next netflix" my foot
Fubo TV Up 200%! Is There Still Room to Chase?
Disney will merge its Hulu + Live TV business with Fubo and own 70% of the combined company, the companies said,
Fubo jumps nearly 200% in the premarket trading.
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Will you trade the stock?
Is there still room to chase high?
What's your target price?
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Comments
FUBOTV may well have pulled back today, however . the entire markets closed on the downside possibly affecting 90% of stocks and unfortunately the 1st to move to the downside when even the Magnificent 7 is affected would be a stock like FuboTV down 98% from its high back in 2020.
Investors should not allow their emotions or feelings the opportunity of directing their negative or disappointing outcomes of a particular stock they hold just because it’s pulled back by 1-8% based on the price you decided to enter. In the grand scheme of things this is nothing, the entire market moves in cycles & finding the 100 Bagger would & could always be a speculative stock in the early years of this business.
If you’re trying to find the 100 Bagger, then read the book called 100 Baggers.
This stock may well be the “next Netflix”, we just need to have a little faith & know the financials.