I gave the DKNG call at $23 now, its WMG

[CBalla]

Warner Music Group did its ipo today, it hit $30

All Artists

Go through this list, wmg is currently valued at 2.2 billion market cap, which imo is undervalued.

Im buying, whose coming with me?

 

[SnugglesDaBear]

I'm still off Genius.

 

[princeofhaiti]

full support-lets ride

 

[FabTrey]

I normally dont fuk with ipos but its a different world. I'll prolly throw a few grand tomorrow

 

[The_Sheff]

Curious, what is WMG offering that makes its stock worth more than Vivendi? What other comparable record label stocks are out there?

 

[Mr Rager]

I'm on board

 

[Teal.]

I will make sure to up this thread if it fails...

Spoiler

Im in

 

[CBalla]

tda was showing the market cap of wmg to be 2.2 billie, its really roughly 15 billie, might need to revise the pt to $45

 

[dora_da_destroyer]

tda was showing the market cap of wmg to be 2.2 billie, its really roughly 15 billie, might need to revise the pt to $65+

I think you read the 2.2 (or 2.5 per articles I saw) increase in value as the whole valuation.

 

[CBalla]

I think you read the 2.2 (or 2.5 per articles I saw) increase in value as the whole valuation.

tda fixed it , i have a screenshot of when it had wmg listed as having only 70 mil shares and a 2.11 billie market cap


yea that def messes up my first pt

 

[CBalla]

Letting everyone know readin this, tda had the wrong numbers , leading me to believe wmg bad only a 2.2 billie market cap

its been corrected and is now listed at roughly 15 billie market cap

price target revised from 100+ to 45