$FUBO
Just dumped another $1.4 million! All while, they are issuing another 7 million shares.
This company is literally just a piggy bank for the executives
$FUBO it’s relatively easy to keep a large net worth of your family’s wealth in FUBO when your guaranteed RSUs in the future. Unfortunately, we don’t have that privilege and shareholders can’t protect themselves from dilution after the RSS. Also, not giving guidance isn’t obvious
$FUBO I’m selling if this runs back to the pre earnings gap. Don’t trust a word from management. In 2 years they will move the profitability goal from 2028 to 2030.
@StockResearchWk@davidgandler I’m telling you man, the way it looks like right now is this company won’t be profitable until 2027-2028. Management is pulling a fast one with the RSS before they officially make that announcement.
@StockResearchWk Management team has turned into the king of lies & misconception.
There’s no way you can convince me they didn’t know this pre merger. They had these numbers before RSS announcement but waited for the stock to drop 60% before the announcement today 🧐
$FUBO
Hulu Live must have been a huge money loser. If this is true, then all of those pre-merger projections were a flat-out lie pushed just to get shareholders to sign off on the deal.
Profitability anytime soon looks like a pipe dream.
@derminvests Nah the lawyers would come up with something better. They lost NBC because it was too expensive. Hence, they should actually be more profitable without them
$FUBO if not profitable in 2026-2027 I expect that you will get hit with a wave of securities litigation. Not only misrepresentation to the public but the CEO and CFO, under perjury, misrepresented the business to a federal judge 🧐
$FUBO @davidgandler you have failed as a CEO of a public company. Every single person who invested in your company has lost money, while the only people benefiting from its continued existence appear to be the executives.
$FUBO @davidgandler you have failed as a CEO of a public company. Every single person who invested in your company has lost money, while the only people benefiting from its continued existence appear to be the executives.
@NoPainInvesting@davidgandler I think what’s missing is that q2 is expected to have a loss of (.61).
That’s breaks the trend of becoming profitable. And since they didn’t give guidance you have to assume that FUBO/HULU’s business is such a disaster that it would take years to become profitable. So, dilution
$FUBO shareholders are rightfully frustrated with @davidgandler It currently feels like he sold them out just to protect his own ATM. The perception is that the RSS essentially lets them keep collecting RSUs, while the new price structure introduces even more downside volatility
@StockResearchWk@davidgandler I understand your point and we are just talking different views with the same information.
You see no guidance as a positive impact at some point because they need more time to guide properly. And I see no guidance as a negative impact.
$FUBO buying/holding here is literally gambling at this point. You’re basically putting all your hope and trust into one person @davidgandler and blindly following him with no ability to confirm or validate.
@StockResearchWk@davidgandler I’m telling you man, the way it looks like right now is this company won’t be profitable until 2027-2028. Management is pulling a fast one with the RSS before they officially make that announcement.
@StockResearchWk@davidgandler I’m telling you man, the way it looks like right now is this company won’t be profitable until 2027-2028. Management is pulling a fast one with the RSS before they officially make that announcement.