Feb. 24 at 5:16 AM
$WBD $NFLX $PSKY If psky made a
$32 bid for WBD, then it means WBD may immediately trade to
$30 and take close to a year to reach that share price so not really interested in WBD for such a small gain and options are pricing it that way. What I find more interesting is how nflx and psky shares trade if psky indeed wins because nflx may not pay much more and may walk away from the deal with about
$2.5 billion for trying. It sounds like it may be bullish for nflx to walk away but how will psky shares trade if it wins such as expensive acquisition 🤔