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FUBO TV ( FUBO NYSE)

REDDIT SAYS $200 TARGET

 SPORTS BETTING

Watch These Shares For Upside Breakout

PANIC SHORT COVERING

These sports betting shares hit a 52 week high of $62.29 before consolidating to near current levels .Reddit followers suggest that these shares could explode and run to as high as $200.

A 20 % short position in these shares  is plenty of ammo to add fuel to any upside fire

These shares are in play and any movement past  $35.00 resistance could carry  these NYSE shares past the old 52 week high and even higher . Maybe $200 on PANIC SHORT COVERING

Serious traders  should place these shares immediately on their WATCH LIST

On line Gaming  Approved In West Va. WNRS OTC – Stock To Watch  Buy Now !

Joins Russell 3000

Todays On Line Gaming – $29 Billion Industry By 2023 – Reddits #1 Pick

FuboTV reported itsQ1 2021 resultsthe day after my May article. Here’s how things shook out. 

On the subscriber front, it reported 590,000, up 105% from Q1 2020. Content hours streamed was 228 million, up 113% over a year earlier. The hours watched per paid subscriber was 386.44 [228 million divided by 590,000]. That’s up from 372.82 in Q1 2020, 228.57 in Q1 2019, and 375.91 in Q4 2020.

So, the year-over-year and sequential growth in hours watched per paid subscriber was 3.7% and 2.8%, respectively. While the single-digit increases might not seem like a lot, it was enough to increase revenue by 135% YOY and 13.9% sequentially. Those are both excellent numbers when multiplied by more than half a million subscribers.

Also, consider that it’s just beginning to generate advertising revenue. In Q1 2021, it had $12.6 million in ad revenue, 206% higher than a year earlier and accounting for 11% of its overall revenue of $119.7 million, up from 8% in Q1 2020.

Don’t be concerned that its ad revenue in the first quarter was down from the fourth quarter. But, again, it’s a seasonal thing. The important thing is that all the metrics are moving in the right direction. 


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On Line Gaming In US

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