Savvy Trades and Investments

[researcher59]

Wade - VIAC +2.03 to 47.04 and DISCA +3.24 to 44.47 on numerous analyst upgrades ..... these stocks were a bargain on last week's big selloff. VIAC is up nearly 20% and DISCA up 30% since the Friday lows. Probably too late to get in now, but I'm still holding.

Just 7 days ago VIAC did a nearly $3B capital raise at $85 per share, so if institutions were willing to pay that price, surely they're willing to average down in the $40's.

Yes, in this market one has to pay higher than historic PE's.