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CONSOLIDATION BASE NOW FINALLY ESTABLISHED! MEGA BULLISH in all aspects!!!!!
should be the start of GAP UP MOVES into the close of the year, one that could see CBS reach the SUPER BULL market TARGET PRICE of 125 or HIGHER by close of the year!!!!
In the past, CBS has been THE weakest stock in my near PERFECT portfolio......and it behaved like a dying turtle compared to my superior picks such as AMZN, NFLX, APPL, GOOG, PCLN, FB, LNKD, TSLA, Starbucks, etc. I should have done better due diligence into the CBS sub-performer..... but NOW it is poised to GAP UP REPEATEDLy into the close of the year....and CBS in the money CALL options should SKYROCKET in value, gains of THOUSANDS of percent!!! MEGA BULLISH!!!
REVISED price target = 172 or HIGHER by close of the year!!!! MEGA BULLISH!
Les Moonves confirmed during an interview with CNN that talks between his company and Apple Inc. (NASDAQ:AAPL) concerning streaming content had being called off.
We are not Asia or Europe
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Green trading action in CBS, IGNORING the CONTRIVED downturn in the Dow/Nasdaq, IS MEGA-BULLISH and PROVES WITHOUT DOUBT that its CONSOLIDATION BOTTOM has been reached, and now the HUGELY UNDERVALUED stock MUST GAP UP repeatedly into close of the year.
REVISED price target = 105 or HIGHER by close of MARCH 2016 and CBS in the money CALL options will SKYROCKET in value!!!!!!!
TOP MARKET GAINERS dot com (google em) looks like they are about to have another big alert. Their last Nasdaq play delivered over 30% in a couple of days.
... move it earning announcement date to coincide with DIS. Once again DIS's earnings is directly influencing the perception of CBS's earnings. CBS suffers a double whammy, getting clobbered from the effect of peer competitors, and then a couple days later, potentially sliding again on its own merit. Should we hit $40 today, we will have dropped 20 percent from the high of $50.32, the day that Redstone resigned and Les was designated to become the new CEO. Is it possible that we will suffer the same fate as VIAB? That would be a total disaster, although VIAB's problem appears to be a convoluted internal struggle.
Invest in the company through the stock; if your worried simply about the stock price, with no faith in the company's plan, move you money elsewhere.
There's been a lot of news with CBS, a lot of hints at what could be the future of CBS and, though I'm not currently invested in the company, I'm far more curious and interested now (Moonves as CEO/Chairman of CBS, the hints towards a complete break from Viacom, renewed focus in leveraging CBS/Showtme content through their All Access digital platform, doubling down on the expansion of sports content with SEC Footbal, the NCAA Basketball tournament, and the likely home for the Premier Boxing Champions franchise, etc).
There's a lot of things in flux now but, if you believe in the company, I'd use this current dip to average down your position (or add to it, depending on when you got into the stock); with this downturn also having the benefit of driving yields up a bit, it makes things even more favorable for interested folks to jump in. gl