if they are buying content then they are like HBO eg. time warner. Multiples are a lot lower for time warner but I think they feel they need to own content as they are going to get squeezed, either way it looks like they are in for a rocky road. If they do drop what are the possibilities in the the next 3 months according to the charts?
What other stocks do you follow Chartists? I think you do an amazing job warning everyone! Thanks!I wish I listened to you earlier when I read previous charts. Again...what other stocks do you follow if you don't mind? Thanks!