A great example of the market getting it wrong: WBD vs PARA


WBD market cap is currently 150% greater than PARA, and yet WBD has FOUR times PARA debt and (unlike PARA) NO dividend.

Moreover, WBD short interest is 5%, while PARA short interest is a whopping15%.

And all this on top of Berkshire consistently buying PARA since last year, resulting in Berkshire currently owning over 15% of PARA. (As per Berkshire's most recent Q report; Berkshire may very well own even more by now…)

Open position: PARA stock and calls. (And I remain frustrated as hell…)


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *