The truth4 Dec 2020 08:31
Get a grip people...
Below this, below that..next stop 45... my god!
If your here you believe in cinema... streaming will never replace the whole experience just like football hasn’t been killed off by streaming it every single weekend on sky!
Day Trade this as you like as there are
Some good opportunities if your into that but overall we have seen how quickly this will re rate which it will do once open etc...
WB has just tried to maximise the revenue what ever way possible after the mess the worlds been left in, yes not the best news short term as the media and mm’s love to use it to shake people out
BUT....
Streaming will never replace cinema because it just doesn’t make the same amount of money as big cinema block busters, this has been proven time and time again, most recently with Mulan (please don’t argue that tenat didn’t either because it wasn’t a normal year, Mulan had the best chance ever to make it big time with everyone at home and it flopped compared to what it would make at the cinema)
There isn’t a lot more to come from all stocks just be patient people, stop complaining about drops unless you trade it... and if you do good luck to you and everyone long term