friends hello let's talk about fubo stock what's going on here I'm going to say some things and I I think there's kind of a general consistence right now in the Zeitgeist of uh the markets the economy where everything's going that will affect fubo here in the short term but I do want before I say some negative stuff I want to say um some positive things what's going on here so as an active person that is putting a lot of money into fubo and really um hoping for the best here I I do want say this um like I said I I'm bullish on fubo I think this is going to work as long as they continue to pull out these quarterly and focus on their future um because they do hold the market right now with what their particular Market is right now no one's come close so with that let's talk about some negative things with fubo because these things have to be addressed and I I think they're you know it's good to come at things with the double-edged sword um you know longterm if fubo can keep Disney off their back and continue to pull out these quarter by next year be good bringing in like you know debt-free not you know going through money like they are right now get things kind of straight here we're talking about a stock a company that will show bigger earnings and they're growing in subscribership and we're about to start the NFL season uh so with that we're going to see fubo numbers more than likely increase here very very nice but here is the the situation that I think a lot of people have in the back of their mind that they're worried about right now one is that Disney is not done Disney is going to they have appealed they will be pushing back at this um what we've seen in the past this is not the first time that Disney's made a sports package and tried to really get it going they've done this in the past but nothing nothing as crazy as what this new app that they you know this new platform they're wanting to do their sports package um so I just don't think Disney's going to go you know we've spent millions of dollars on this and we're just going to let it go no they're going to continue to fight in court so I I think it's important to say and and just State the obvious fubo and Disney this lawsuit is probably not done what what is happening in the background that we don't know about is that Disney is sharpening their swords they're riding up a whole new plan they're putting things together and they're going to probably take fubo back into some kind of lawsuit this is probably what's going to happen what does this mean well this does mean that you know fubo is doing all the right things as a company bringing in money subscribership you know by next year like I said yada y yada um you know cash on hand the problem is is that they're dealing they're still dealing with Disney and Disney's probably not going to back down now Disney lost this court case obviously that you know they their whole they're mad their whole thing got put on a shelf um you know they were supposed to go into this Sports season making tons of money off their new uh platform which was going to be insanely cheap but the courts said hey you can't run a monopoly on this stuff and you know here's you know you can't do this so like I said Disney behind the scenes right now more than likely is writing they're having lawyers really good lawyers write up something new and I kind of think probably what more than likely is going to happen here Disney is going to keep their platform what they're doing right now this new sports package they've made but the probably going to increase the price they've got to get somewhere close to what fubo is doing and they're going to have to add channels and that was one of the big things in the whole case that fuba you know they have a sports package but they also have to have these other channels in there that aren't Sports you know channels and Disney was strictly just taking all of the good sports channels and just putting them in one big bundle and like all the all of them and you know then selling it to you for less than half the price of what fuba was doing so it was like that that's a huge issue you can't just monopolize the whole market like that and luckily a judge stepped in and said hey you know you can't do this so with that I I probably I we don't have a time frame right now but more than likely Disney's going to come back at this and they're going to say hey okay well we're going to raise the price to $65 and we're going to add a few things to it more than likely that's probably you know what's going to happen here I I don't think this is done now that's good too because it leaves competitive ship you know it leaves a competitive market there where you know fubo is not like you know if I'm selling an ice cream cone for $4 and then someone comes in with an even better ice cream cone and they go hey I'm going to sell it for $1.99 what do you think is going to happen there I'm going to go out of business like that um so that's what we're seeing right now with this situation the stock price a fubo here's where I I sit with this I think a lot of us have not sold out we're still sitting in very cheap um more than likely I think the majority of people I think a lot of people were buying their shares some of you were buying yourself down you know for the last 6 months while fubo was getting ripped apart now fubo is struggling to clear this um $2 spot which is not a big deal I I still think fubo is doing amazing my concern my other concern I I I told you this is going to be a little bit of a negative uh talk here for a moment my other concern in the short term this is all shortterm right now hopefully short term is that the market is very unpredictable right now obviously Drome pow will be talking tomorrow we're not expecting good things we are expecting in the middle of September to see a tiny rate cut and potentially another one before the end of the year potentially more than likely it looks like it's happening now with that great good Grand wonderful right Cuts but with that too there's still a lot of bad things in the back burners with you know uh inflation job loss all that kind of stuff and then usually throughout history and there's only certain channels people platforms talking about this but a recession is very possible a recession is very possible so what does that mean well that means first off if there's a recession that bleeds out well just blows up the market everything will be in trouble now you will have your stocks that will take damage but if they're good companies and they're doing the right thing you're going to be fine in the long run there'll be a short moment of you know just blood bath fubo would be in a particular situation you have a company that is doing well bringing in money quarterly a subscribership but then you're hit with two situations with that with fubo if we do see a recession the stock will be demolished when that happens when it rushes through the market the stock will probably you know if it doesn't hear sooner than later um it will bleed back down into this mid dollar range more than likely now with that too it will more than likely mean that it's going to bleed out into the public where we might see the next quarter's going into next year not be that good for fubo because people are tightening up they're not spending as much money and people are for order for fubo to continue to do well it's like right now they're like the they're let loose they're you know they've been chained up they've been put in you know the dog box and they've been held down but now they've been let off the carer they've been let out of the the keno and they're running wild um and they're just trying to find a safe place to be right now and for that continue to happen fubo has to continue to do a few things here it has to continue to do its bread and butter of give you know their subscribers what they want uh with that obvious L push into this next football season big big as they can and you know grab a lot of new subscri new Subs with that too uh going into the rest of this year they need to kill these quartery going into next year very early into next year the first quarterly they need to demolish that quarterly um so with that we're going to be in a new market here in January uh regardless of who wins we're going to have a probably a a pretty big boost in the market in January with a new president that's just what happen happens it's just the history of the stock market it happens every time so with that said the positive the POS if you're still with me if you haven't clicked off the video yet or left me a a comment to tell me to jump off a bridge I get it but I I I think these are things that you know instead of me coming on here making a video going you know fubo is going to be $10 $20 do I believe fubo is undervalued absolutely do I believe fubo could go to $5 to $10 sooner than later Absol freaking lutely that's why it's so desirable right now but there are two big things that are very very scary right now with fubo is that Disney is still lingering Disney is still in the background they've been beaten but they hadn't been killed and then you've got this Market that is very is it a bullish Market that's going to continue or are is it a huge setup are we in a trap right now are we in a massive stock market TR RP right now I do believe in the short term I believe next week the market will probably be okay because Nidia Nvidia will come out with their quaries and it will be amazing and that will pretty much pump up the whole Market it's going into the first two weeks of SE September where I look at the whole stock market especially fubo here where I go I could see fubo going in Back to the dollar1 60170 range for a short short term and then once we get into the third week of September we see rate Cuts everything will explode in the market fubo included and that might be where we see our $250 $3 $4 range start to build up here in fubo and if we can continue without getting into a recession this year by January fubo could definitely be at a $5 to $10 stock as long as no recession and Disney stays out of the pitcher that's the Gods on Hest truth friends I wish all of you the best of luck I really do I hope that is everyone understands that I I just want to give the like that's the honest God thing that everyone should be saying right there fubo great opportunity and there's no doubt that this can make people Filthy Rich Filthy Rich if you're able just to buy it keep buying your way down into it and holding it and hoping that they can beat all of these adversities against them right now it's a great company great company and they hold the market for what they do but they they've got some things that they're trying to get past right now friends take care bye-bye [Music] [Music]