BlockBuster to buy CC??

[JCJetta 10+ year member]

Personally I wouldn't long or short this. The money has already been made on CC months ago on the short side, and this morning for longs at pre-market the squeeze pushed CC up 50+%. It's since fallen back to 30% intraday.

I don't see a point in going after it. It seems like they are going to try to take two piece of shit and combine them into a new, sparkling piece of shit. Support for a short? Sure - but American's are living, breathing proof that sparkling pieces of shit are in demand!

 

[Flipx99 5,000+ posts]

Personally I wouldn't long or short this. The money has already been made on CC months ago on the short side, and this morning for longs at pre-market the squeeze pushed CC up 50+%. It's since fallen back to 30% intraday.
I don't see a point in going after it. It seems like they are going to try to take two piece of shit and combine them into a new, sparkling piece of shit. Support for a short? Sure - but American's are living, breathing proof that sparkling pieces of shit are in demand!

I'll short the conglomerate...well, actually buy puts. fvck margin account