ST Alpha - "Wall Street *checks notes* gets it -- (link)" (Reading a Post)

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Wall Street checks notes gets it -- (link)

Posted by hollywood big shot (aka pickmix) Jul 24 '23, 19:44

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Michael Pachter, research analyst at Wedbush Securities, is more pointed: “The market thinks all of the corporate bosses are idiots, and generally sides with the unions.” (theankler.com)

Responses:

*sells more Netflix stock* -- nm - Mop🧹 Jul 24, 20:13 5
- Isn't Netflix the only one who is going to get out of this alive? -- nm - Qale Jul 24, 20:21 4
  - as the article says "cord cutting is coming to streaming" Netflix just might be the last one to feel it most -- nm - hollywood big shot Jul 24, 20:30 2
    - Netflix is the one that people say they're going to cancel, but don't. That it doesn't have anything to watch, yet is culturally relevant every month. -- nm - Qale Jul 24, 21:28 1
      - as soon as The Crown wraps up, i'm dunzo -- nm - hollywood big shot Jul 24, 21:31
  - Disney is probably oversold, but deserves the hit. -- nm - Reagen Jul 24, 20:26
I've always thought Michael Pachter is an idiot too though. He rarely got it right with Nintendo analysis. -- nm - Qale Jul 24, 19:59
I sent David that exact quote a couple of hours ago. -- nm - Mop🧹 Jul 24, 19:49 4
- there have been multiple articles in the trades this week signaling to the studios just figure out an acceptable streaming metric and do the deal -- (link) - hollywood big shot Jul 24, 19:52 3
  - Barry Diller things executives and top actors should take a pay way cut to end the strikes. -- (link) - Mop🧹 Jul 24, 20:13 [youtube] 2
    - yeah Barry is also suing AI companies for billions that he (probably correctly) contends publishers are owed for using their copyrighted works. funny -- (link) - hollywood big shot Jul 24, 20:29 1
      - (actors have already been taking big pay cuts for the past decade, for the record. hence their strike) -- nm - hollywood big shot Jul 24, 20:31

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