Why Michael Burry owns QRTEA Stock! Analysis & Upside Potential

Friends! In this video, I'm going to do an analysis of QRTEA stock after Michael burry sold it to determine if it's still worth keeping it or not

#stockmarket #michaelburry #stockstobuy #valueinvesting

[travismonk]

just bought 1k shares 30 minutes ago :) it's a 10x or 0, i'll take a flier, why not?

this video is very good, but i'll also point out some extra sources of liquidity. 1) Malone. 2) Insurance for the fire and its business disruption. 3) More leasebacks are available. 4) Projecting "300M to 500M extra FCF per year" by cutting costs.

also they lost customers and FCF due to reducing inventory in 2022. they can regain those customers when they reintroduce new products and i'm not convinced that this company is in terminal decline. they can bounce from here. their presence on streaming is now larger than cable. their streaming minutes watched is actually growing. this fight isn't over.

bottom line, i'll reckon that this is a 50/50 shot at a 10x or 0. i take that bet all day long.

[stanisawmaliszewski]

Nailed it! Holding for the exact reason you mentioned at 10:14 plus the fact that John Malone oversees it. Have it in the same risky 'cigar butt' fly-or-die basket though, alongside $LUMN and $TUP. Curious to see how this will play out :)

[FixUp.LookSharp]

Have you done Alibaba BABA in the past year? Really cut down PE as it is Chinese

[nnnooo]

One question I have is if they can suspend the preferred payment? Makes sense for both parties Greg Maffei seems like a very intelligent man. Can't imagine he'd allow this to go bankrupt but idk.

[snowylabrador]

Thank you so much for the video! Do you still think marine stocks are a good buying opportunity? They're not near 52wl anymore, but many oil tankers or marine shippers are still undervalued

[RustyGotBanned]

Michael Burry just got back in on August 25th. I've been accumulating the Preferred shares heavily, QRTEP. Juicy dividend yield.

[skynyrdcat]

Appreciate your content. Would love to hear your thoughts on LASE if u get a chance. Seems reasonable but I’m fairly new to all this so there’s plenty that I don’t know

[Jack-bblj]

Can you explain the revolving 2023 debt in more detail? Besides this it seems like there is not much of a chance of them going bankrupt.

[VladC]

Q3 Was amazing, First profit quarter since 2021, there is no doubt, they will have once again net profits of >1bn/year in the future, maybe 2024.

[mathieutiti]

tank you for the only one analyse of the week on this stock, i dont know why ? its a catasphoe comming out of this and nobody thalk about it so tank you again

[deividasjoceris]

You are deep in this qrtea. I would like to know when you deside to buy qrtea in future. Just to know. ;)

Thanks again for your great job again.

[mattiarnecke]

where did you find the information about the coorporate bond?

[kirs]

I think I need 3 months of price stability to buy this. I don't mind missing the gains in the meantime.

[albiag]

Wow lovely analysis👌 how about update? 😊

[dexinvictus]

I was looking at QRTEP yesterday. Gotta look more into it tho

[FollowingKeenan]

Burry has no patience. Just look at all his trades. Yea he makes money but misses big gains. GME stock he missed the real gains, sting he missed big gains. META he dumbed. Even told other not to buy it. Sell it all he said. I got Meta at 90 now its 215. I got sting at 9. Then found out he sold. But after 2 years i got out at 45. He finds great deals, but he in too quick and some time jumps out too quick. I bet qrtea will be $10 or more in two years.

He really trading volume, so small moves make large gains.

[davidbest]

Stay well clear of this stock

US$7.62b of debt at December 2022, down from US$8.25b a year prior. However, it also had US$1.28b in cash, and so its net debt is US$6.34b.

[charliesalcedo]

Im still in at 0.92cents.. lets go $25!!!

[philippusparacelsus]

Video idea: Tyson Food is at recent 52 weeks lows.

[turkegritty]

Buying back their own debt cheaply would help if they can pull it off