Feb. 25 at 1:51 PM
$SONY The pullback in Sony appears three-fold. A fear of PS6 delays due to memory shortages, temporary negative sentiment after closing Bluepoint studios, and the USD strengthening against the JPY. Oh, and uncertainty about their TV spinoff with TCL.
However, between record profits, a diversified cash flow, and having secured components for at least another year of PS5, they aren't going to crash like, say Beyond Meat. So for now, while there is uncertainty, I am ok with waiting and writing covered calls.
