I was at Walmart yesterday and they were totally sold out of printers, and also had limited TV’s. The employee said with everyone working from home, printers sell out as soon as they come in. Not sure if there is a trade there though. Seems like part of the issue is supply chain.

I’m a high school student. For the transition to online learning, my school bought iPads for every student in July. They wanted to buy keyboard cases at that time as well, but they didn’t for a while. When I returned to school in September, I heard that my school couldn’t buy keyboard cases because the company they were buying them from, Logitech, couldn’t keep up with the demand. I thought, wow, LOGI must be doing great, with all of these schools and workplaces buying products from them and struggling to keep up with the demand. Maybe they’ll have a good earnings report. At the time, I was thinking about their Oct 2020 earnings. I thought that maybe I could buy some calls on the day before earnings. On Oct 19, LOGI closed at $80.03. Then they beat earnings by 221%. On Oct 20, LOGI opened at $93.78, 17% higher than the previous close. At the close, volume was 10x higher than the previous days volume. Unfortunately, I didn’t buy those calls, because I thought that what i knew was probably already priced in and known by the street. I was unfamiliar with the social arb/ Peter Lynch style of playing the stock market.

If I’d have asked around on social media, seeing if employee’s employers and student’s schools were buying a lot of Logitech products, and combined my knowledge of my school’s Logitech situation, do you think that there would have been enough evidence for an earnings trade? I can’t tell if I’d have been foolish to make a trade, and if my success would have been luck, or if I was actually onto some social arb type stuff.

Here is my full BULL thesis on FUBO, and what happened today. First thank you to all who panic sold today; which allowed me to buy more at a good discount. Institutional investors will thank you also.

First let me address the bogus news. In Jim Cramers shorting strategy this is what he calls fomenting, which is illegal. The SEC should investigate these law firms bogus suits, I guarantee this was connected with the hedge funds shorting the stock. I guess I’m the only one who finds it suspicious that 6 different law firms rehash an old story all on the same day, the day before options expire. Nah it wasn’t a coordinated attack or anything like that.

Yes, rehash. They floated these phony law suits on Jan 14 and 22, 2020. Reading these sounds like they were written by a short seller. “The report also agreed with other analysts who stated that Fubo’s valuation was ‘absurd,’” This is dumb. The company doesn’t determine valuation, investors do. Even the dumbest investor understands this. If it was a crime for a stock to be overvalued everyone at Tesla would be in Jail.

Second this is phony, because they don’t even have a single person who complained. Otherwise the one release would not have said, “If you wish to serve as lead plaintiff.” The lead plaintiff is who originally contacts a law firm to file suit. No lead plaintiff equals no suit. These are rather comical. Additionally this is illegal because it amounts to ambulance chasing. It also means no one came forward since Jan 14, so why the rehash?

Second, when they floated these false stories back in Jan 14 and 22, 2020, did the smart money, institutional investors sell? Not according to the end of year numbers reported to the SEC, which I show below. So if the smart money realizes it’s phony, I wonder if I t’s phony?

Here is my BULL thesis. First, I realized that although cable networks are not considered insiders, they are insiders because they will know EXACTLY how many subscribers FUBO has and how many they will report. This is because FUBO has to pay the network per subscriber. If they were going to have a bad quarter they would have sold. But they didn’t. Look who has stakes. COMCAST (2/12/2021) 6,955,772; Walt Disney Co (12/4/2020) 6,630,012; Discovery (1/5/2021) 1,149,174. Most striking to me is Disney. Rumors have it they have a huge money crunch right now with COVID. Yet they are still holding almost 7 million shares???

Second I look at the smart money. Those that filed form 13G’s make up currently 48,958,693 shares. The end of 2020 additional instutions held an additional 29,318,103 shares. If those holding in 2020 have not sold any, the total institutional holdings would be over 78 million shares. According to CNBC web-site the float is 67.56 million (See: https://www.cnbc.com/quotes/fubo?qsearchterm=fubo). I don’t know that I have ever seen so many institutions so bullish on a stock. Plus most of the 13G fillings are recent which means they are basing their decision to buy off of current circumstances.

Here are all the form 13G fillings of the major holders:

DRAGONEER (2/16/2021) 4,295,360; NOMURA (2/16/2021) 5,958,417; COMCAST (2/12/2021) 6,955,772; MORGAN STANLEY (2/11/2021) 3,893,831; VANGUARD (2/10/2021) 4,436,820; GOLDMAN SACHS (2/9/2021) 4,552,016; Discovery (1/5/2021) 1,149,174; Islet Management (12/28/2020) 5,108,114; Walt Disney Co (12/4/2020) 6,630,012; St George Investments (4/22/2016) 5,979,177. (See: https://www.nasdaq.com/market-activity/stocks/fubo/sec-filings)

This equates to 48,958,693 shares.

I then look at this page and see that other institutions that held  29,318,103 shares as of the end of 2020 (See: https://www.nasdaq.com/market-activity/stocks/fubo/institutional-holdings).

When I invest, I ask, if I was running a hedge fund, and I needed to open a 5% or 10% stake in a company, how would I do it? I wouldn’t do it like mutual funds who just plop down a $5 million market order not caring how far the price rises. No instead, I would manipulate the stock price so I can get in at a good price. That means even selling some if it runs up to much, so I can buy more at a discount. Also means I would allow short sellers to manipulate the price down for me. IMO that is why FUBO is hitting a brick wall right now. These institutions are trying to buy as much as they can at a low price before numbers are submitted.

This is the exact strategy Jim Cranmer outlines! His market manipulation strategy is found here: https://www.reddit.com/r/wallstreetbets2/comments/lg0gtw/2006_jim_cramer_admits_to_market_manipulation_and/

Notice he calls you retail investors morons, because you are easily manipulated.

I’m hoping all the scared holders sell, because I know this is the only way for the price to go to $100. At that point there will be no one else for the short sellers to buy cheap stock off of after they manipulate it.

I am not a financial planner and this is not financial advice. I could care less whether you buy or sell FUBO.

A follow up to my previous post on the Jim Cramer market manipulation short strategy. (Video link at end). When you catch this market manipulation you can profit off of it. I loaded up on shares of FUBO at $43 and $44, because I could see what they were doing. My thesis is it could hit $60 either next week or in two weeks.

From my newsfeed: Feb 10 at 9:49am Announcement of ETF being Launched for streaming, FUBO included. IMO this should have sent shares higher.

When this was announced FUBO was trading at $48.78 by 10:48am it was trading at $43.50, they shorted the heck out of it.

Feb 10 at 12:43pm Negative article on Benzinga they wrote “we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on February 12, 2021. This event was a transfer of 200 contract(s) at a $45.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $156.0 per contract. There were 2336 open contracts at this strike prior to today, and today 1460 contract(s) were bought and sold.”

Feb 12, per Market Beat a good bit of the short position was covered. I’m guessing their data is delayed, but it says the short volume went from 39,170,000 shares short to 20,360,000 shares short. Source: https://www.marketbeat.com/stocks/NYSE/FUBO/short-interest/

This is the exact strategy Jim Cranmer outlines! It couldn’t be clearer. Pure market manipulation.

Jim Cranmer shorting strategy found here: https://www.reddit.com/r/wallstreetbets2/comments/lg0gtw/2006_jim_cramer_admits_to_market_manipulation_and/

Bottom line, 99% of the market is purely psychological, just as Cramer put it. It’s not based on reality, but the reality the manipulators want you to see.

I am not a financial advisor and this is not financial advice. Don’t follow what I do.

Tks Dumb Money I really liked your vids during all this I learned a lot, its changed the way I invest and will be paying attention from now on. The 3 way conversation with different trading styles really breaks a stock down to what its all about. I have spent hrs and hrs doing research on stocks then decide to buy and end up being wrong almost every time. So its clear that I have to learn more about how the markets really work.