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leoi137
Apr 3, 2020 4:05 PM

Short Sony (SNE) Short

Description



The current economic situation around the world sprouts an economic recession and even depression. Sony sells a lot of nonessential products, while their products are great their sales are likely to drop given the significant less amount of cash and cash flow the average person has. There currently are unemployment benefits in the U.S. and likely other countries but that will not be enough. At the same time Sony has had a strong move down below the previous support and it is likely to have just started that trend. I am short Sony.
Comments
Instanalysis
sony is undervalued trading at 70% discount fair value $150
sum of the parts valuation #stayathome means more revenues ,more Sony content movies sold over Sony's own platform! Apple doesn't have this ecosystem Microsoft neither
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