>> a tech was the only sector lower today. some high profile name like amazon, facebook, tesla. the record close for the dow so we can't kplain. the nasdaq 100 is only up twrirds two-thirds of a percent. >> i'm melissa lee and this is "fast money. tonight on "fast," a penny for your thoughts on amc the reddit favorite moving higher in the after hours earnings but one dropped a bombshell of a call on this stock. why he sees amc headed to, get this, one penny a share. you heard that right the ultimate bear case coming up plus, gee whiz, ge the company with the idea of a reverse stock split. why some are scratching their

heads. and we'll tell you how the traders are playing this one we start with a $1.9 trillion injection to the economy the house passing one of the biggest stimulus bills in history. it includes $1400 payments to most americans this cash injection comes as a growing number of states start to reopen. maryland announcing a roll back of its restrictions. texas and arizona have lifted nearly all their restrictions. as this stimulus rolls out and pgs things start to reopen, where does the money go this time around? guy. >> i'm going to race out to burger king and get a whopper no tomato >> you can do that now, just fyi. anyway -- >> yeah? well, for a year now i've been jonesing for a whopper it's interesting clearly, people, they want to spend -- i've said this for a

long time, u.s. consumers want to spend one thing we've been steadfast on is the vehicles with which they do spend and how they spend it we talked about mastercard, new all-time high today. even american express. i think those are the names you stay with. one name that's been under pressure for the last month, month 1/2 which i think is limited at these levels is pay balance. 225, 230, seemingly has bounced a bit. if you're looking for catchuppings in a name like paypal, that might work. but forget about where they're going to spend it. figure out what they're going to spend it with. >> should we be thinking about what consumers are sr. not been able to spend on this past year and now all the floodgates open. you can spend anywhere you want. maybe that will go back to those buckets like never before. with abandon, karen. maybe you'll be splurging on the

trip as opposed to boying the sweater from macy's. >> right or maybe you'll do both. i mean -- >> yeah. >> maybe you save a lot of money, and you have an additional stimulus coming maybe do both. go out to dinner a lot more often. but travel is something that has been completely shut down in many areas, so that's a big one. so obviously, the airlines have -- that's kind of to me priced in. a big comeback is already price-in it's interesting to see -- you know, the stilllies has been happening in slow mowing for a while. the fact that it got done today, i was a little surprised by the market's reaction, but i think it's that rotation has continued. and we saw even with the stock market, the high flyer names not bouncing back. they did yesterday, not to much today. the ibg i follow down slightly for the day. saw the bank rally, even though rates didn't move.

even with the stimulus, rates didn't move. that was interesting to me 1.9 trillion stimulus, rates flat that was the headline. sort of surprising to get it the reinstate-open trade is really working we new the reinstate-odo you think there's places in the market that have not fully priced in this potential torrent of stimulus spending and also the savings. apparently $2.9 trillion in extra savings were generated in this lockdown globally and about half of that is in the united states that's a lot of money waiting to be deployed, even if you think a percentage of that is going to be deployed. >> right i think -- even though karen gris up a good night it could be priced in, when i look at a marriott vacation club or a

spirit airlines, yes, they both run, but just think about how many people are going to take a trip that never would have taken a trip before. not just the people that want to get back to their regular life i think you bring up a great point where you were joking with guy, saying he can buy a whopper, no tomato now we sat at home, maybe disney parks are going to rally that's a huge number in the billions i still think you have room to be a buyer of airlines and a buyer of hotels. >> tim, where would you go at this point what is not priced in where? >> well with we priced in a lot in all these trades that everyone's talked about. i'm going to female sies that we're going to overshoot on the up side. the byproduct of all this demand is continuing to throw -- we're throwing two logs on what is a commodity super cycle and i

think we got a dynamic here where you already have fundamentals and technicals working for the price of copper a and oil and bulks and ag people are going to be out doing everything there's not been a lot of investment in a lot of the structure in the country and the underlying industries. i think the banks have such clear and straight exposure to the economy that's opening up and the consumer and the patent department-up demand why shouldn't bank do it banks as a sector -- it's at all time highs but it's not really because of the underlying banks, because of birkshire citibank is 15% below its pre covid levels, so the other banks are as well. why wouldn't you go into money center banks who have valuation arguments in favor of them and you've still got a lot of rotation left to go, as we've

seen that's -- you know, you don't reinstate-invent the trade overnight. somewhere charles dowd is smiling because industrials to transports are at all-time highs and the sector is alive and well >> guy, tim mentioned an interesting point and that's shooting to the up side. as you think about this -- i was speaking to an analyst talking about pay balance, square, and mastercard i asked her about american express. she says that she and american express don't believe that corporate travel will actually come back fully for several years, several -- which implies some sort of valuation discount is deserved for american express, at least in the short term until that period which travel comes back, if it ever will come back down the line at this point, are we sort of pricing in a full return to normal when we shouldn't be in some cases >> i think that's a great point.

we know business travel in terms of the margins for airlines, that's such a huge component of it i didn't hear the interview. i'm sorry i missed it. but a few years, if at all, i would add to that. we've learned that maybe you don't need the business travel that we needed a few years ago companies have learned you can do more in this environment than you've been able to do in the past so one has to wonder if it's going to come back too peak levels i think american express may be able to be off set in other areas. i also just want to add that listening to tim, it's eerily reminiscent of the early 60s rolling stones albums taped in mono that was no stereo in my year. that was echo chamber. >> he sounds like he's in a tunnel today we'll try to get that straightened out >> please, please. >> the early package will contribute to the best economic growth inform five decades joyce chang is at j.p. morgan.

great to speak with you. >> great to be here. >> has that been priced in with the market sitting pretty much at record highs? >> i don't think it's been priced in. i mean, we're looking at nine and a half percent growth for the second quarter of the year and north of 8% growth in the third quarter of the year. we've taken our forecasts higher on commodity price as well this fiscal package is a victory for biden. it happened a bit sooner than expected and he didn't have to make that many concessions when we look at what this means for earnings, it means that is the multiples, you can be sustained here the numbers over here, we think that about every stimulus adds about four to $5 to eps. i don't think this is fully priced yet we're happy staying with 4400 on the sapp sapp target >> joyce, when you look at the overall market, the biggest fear in the market has been interest

rates. when you look at what you're thinking about going forward in the overall marketplace, are you nervous about inflation at all, or do you just think that it will be absorbed within the market, the fed waited years to create inflation finally they had what they were trying to do, so this all comes with a normal recovery >> well, i mean, inflation is running higher than what we've seen in a decade you're looking at this globally around 4% and 3% for the next quarter. the market fears on inflation are not going to go away but i think the fed messaging has been very clear. they're prepared for this. they warned the market about an overshoot. from the point of view of the equity markets, which driving rates higher, is actually positive it's the growth story, the recovery story that will be playing out in these middle quarters of the year . >> it's karen. let me just sort of hop on that point a little further

even if the fed doesn't move, the market can reflect a -- you know, that rates are going higher, and at what point does that start to push on the multiple -- the pe multiple even with greater earnings that would dampen the market's return >> i think with the lockdowns easing, you are going to see a change in spending patterns. here we really do favor the consumer discretionaries. that includes financials and includes energy. you have to be more selective but a lot of this momentum trade was unwound. you've already had a big move in the rates market right now given the low point we were starting from. i think a fair amount of this is already priced in. you know, remember that in other parts of the world, we're not seeing the momentum that we are seeing in the u.s. it's u.s. exceptionalism we still have the demand for treasuries that's very much in

place. there could be moments when this is disorderly and market structure, liquidity, what we saw last week, there could be repeats of that but with we think that overall this is something that can be managed and that the fed has given guidons accidentally on this and has changed the framework. >> it's one thing to have the bond market ingest $1.9 trillion in stimulus but you also think that this infrastructure bill could pass as well, so you add that spending to the mix, and could we actually see the bond markets start going higher than you think? it doesn't take the fed to move the markets, obviously >> well, i think infrastructure will be coming later in the year it will also have to happen through budget reconciliation. we're looking at a smaller number, maybe something on the record of 300 billion. well better than the two trillion amount that's been put

out there. the key point that we would make is that, you know, this will be a second and third quarter story. we do see that by the fourth quarter of the year that you have growth coming down to more like quarter but the rate around 3% it's these middle quarters when you have $1400 of checks being reinstate sent where some of the retail money is going to come back into the market a little bit of a repeat of september. >> pleasure speaking with you. thank you so much. >> thank you for having me >> let's pick up where joyce left off deutsche bank did a survey of 430 retail investors and they anticipated putting 37% of the stimulus check that they get into the market. so that could be anywhere from $25 billion, flow is only people with online accounts deploy that money, up to 50 billion if every

single person deployed the money to that degree tim, what's your tame on the impact this time around? we certainly saw it the first couple of times. >> yeah. i think joyce brings a great point. you have a case where think about some of the types of stocks and the momentum stocks that have been some of the recipients of the secular stories, thematic stories. parts of that high multiple universe that's been under a lot of pressure of late. i think these are important dynamics as much as people think that a walmart, a lot of those checks are going straight to those plays. let's be clear that's where a lot of people do a lot of shopping. where, i think the focus of much of the stimulus is going so i agree in reinstate visiting some of those trades i think you have a case where you're going to see follow-through on big ticket purchases. i think auto sales continue to be something to watch as well.

the auto industry, despite chip shortages and what-not seems to be a place where investors are putting capital in addition to buying underlying parts. >> reddit favorite amc conference call getting underway let's go to julia. >> amc shares gaping after hours. the company reported revenue that was 20million higher than analysts' projection announcing that eight million people attended their theaters both universally and internationally in the fourth quarter. they're optimistic about theaters reopening and more titles coming to theaters as well they may be able to reopen as limited capacity, 25%, as soon as sunday. this is according to the governor the county has to meet several requirements, including distributing two million vaccine doses to underserved populations and more than 10 must cases a

day per 100,000 people they said based on those comments they should be opening theaters across california, including los angeles, very soon possibly as soon as march 19th we'll keep watching for that it's a massive audience when it comes to the box office. >> thank you we should note that amc, short sw is 14.8%. let's not lose that point. at the same time, guy, we saw some crazy moves in a lot of the reddit stocks today. what do you make of amc? >> yeah. know quite well. amc has goaten back what it lost we'll talk about that in the back end of the show in the business that's called a tease. it takes a certain degree ofity herity to have the utmost respect for people that put out research

doing exactly that i don't know what to make, but i tell you flat out. you look at a gamestop today, i think up to 350, cut in half at one point during the day today that's just not normal i'm not suggesting i know what's going on but i will tell you that type of price action on top of the price action we've seen with tesla and other names this week, to me, suggest something far more darker going on and it concerns me everybody's thrilled about everything right now but when you see it move in all sectors, it's somewhat problematic. >> guy mentioned the downgrade of amc today you heard that right, one penny, one krentd per share check out shares of oracle, dropping after its latest results. we'll bring you the latest from that conference call much more "fast money" after this

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check out shares of oracle, taking a new leg down as the earnings call gets underway. let's go to josh for details josh >> must remember, investors had piled into this one.

the stock was up about 15% over the past month, which made it your top performer in the s&p tech sector, but clearly giving some of that back now in the after hours. 1 .16 on the bottom. revenue was up to 10.09 million. license support, that was up 5% to 7.3 billion the other big segment, on premise license, 4% to 1 is.3 billion. capital return as well the board increasing the authorization for share reinstate purchases by 20 billion, increased the dividend as well. i did check in with pat recallravenens said it was slightly ahead of expectations but that came from the licensing business, not the cloud business billings, yes, better than expected but the flat business, infrastructure also flat sequentially i asked pat why. he says bottom line oracle needs to prove it can compete with the

big cloud players. by that he means the amazons, the microsofts, the googles. investors did not see an inflexion this past quarter. she says oracle can continue to land customers and very large users coming you in shortly. didn't name them that will require, she says, significant capacity oracle is going to be investing aggressively this quarter. we seemed to take a leg down she says revenue will grow 5 to 7% nongap eps, she's calling it, in esd to go seven to 11% she says flat up 4%. back to you. >> thank you josh lipton guy, what's the trade on orcl? >> i mean, today it made an all-time high, $73 and change. now it's 67. the trade to me is exactly what

it was when we jammed oracle in in the hope trade. i understand it. it's note sexy you don't have the growth, but valuation is not expensive you have pretty steady growth. operating margins are hanging in there. and oh, by the way, i actually think for the first time in a long time, they're starting to catch up with the sales force. i think trade is down to 65-ish, which was the high back in december that level of resistance on the way up should be on the way down i think you buy it again. >> if you were given permission to altar and replace the o, which stands for oracle, with another stock, preferably in the cloud sector, what would you do? or woo stick with oracle >> i'd stick with oracle, believe it or not. the growth to value shift that we've seen has knocked a lot of these high multiple stocks on their butt if you look at oracle, i any it's a product of in the last

four days, the stock is up 12% in the last 13 days, it's up 20%. i think you're ok to stay here because, if you chart it, amazon and oracle, i'm looking at a chart starting from february 22nd, amazon straight down, oracle straight up the reason why, you have that divergence between the two is amazon as your growth play, the market is selling all high multiple tech growth plays and buying value, oracle, ibm seen as valuable. old tech is becoming in vogue again. i would stay with oracle >> guy, i bet you're glad he stuck with oracle. >> yeah. it would be a problem. again, i know johnny depp has his tattoo changed but he it could have been hype, which is also a great thing for

2021 hype >> ok. we're just getting started here on "fast money." here's what's coming up next >> coming up -- amc on the move on the back of its earnings results, but light shed co-founder rich greenfield says the curtains are about to fall on shares of the theater operator he'll join us to break down the big call plus, it's been a rough month for u.s. tech stocks but if you really want to buy the dip, it might be worth looking overseas we'll take a look at where the real opportunities may lie when "fast money" returns

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its jet leasing business for $30 billion. ge proposing a stock split that leaves some traders scratching their head. tim i go to you first since you are a shareholder and you recently pitched ge. what's your take >> yeah. well, and part of the ge story is simplifying it, and giving investors a better understanding of the underlying business and the balance sheet issues and a half plagued this company. a lot of them are ge capital so winding down ge capital and putting that debt on the balance sheet right now, today's news, those headlines are terrible for investors who are expecting a dividend anytime soon. they put their net leverage north of five times, where they were hoping to be below two and a half times by the end of 2021 i into' 22 i think when you're getting to a simpler story at ge capital.

the aer leverage -- excuse me. the infusion from those sales are going to be bringing down leverage and the value of those baker hughes shares that are being sold into the market over the last couple of years and for the next year are only going higher i talk about how higher rates help that's a big part of the balance sheet dead in the short term, means nothing to ge investors. after a 30% move on the stock in 30 days, that makes sense. the eight to one reverse split, i don't like that. reverse sthok splits are done by companies that are up against the ropes and it's almost a -- an optic game with the share price, and i think the normalization of the share price may be part of that. but i don't think that's necessary. the ge cap news and lack of dividends in the short term are why the stock sold off today i think it's an opportunity. nothing to run from. >> the thinking behind the

reverse split is comparison, like a honeywell has a hundred billion shares they do the reverse split. it comes in line with the headline well which has a market cap similar to ge. it sort of lines them up with competitors. when you think of a reverse split, you think of a stock that's trading at a buck and you want to make sure it's not delisted usually it's a company in distress of some form. >> right they're saying we're of that stature, a honeywell type value, not market value, but announcing a reverse split is not of that stature at all a reverse split is also a sign of weakness. i think, you know, they didn't get to this price because they split. right? they got here because things didn't go well their depth skyrocketed and their stock got krushds. i know they did a split like 20

years ago but that's not what led them to here the reverse split, i am not a buyer of that at all and i think the board is going to change their minds. i think this is a bad idea just focus on the business, right? you're doing a great job trying to get the business. simplify the business, get the debt under control, you get in the cycle of paying down earnings and higher earnings think about this the board mired flannery in 17 and i think in about 15 months, they pivoted they said we made a mistake, let's change that's a great thing to do i think, board, you made a mistake. change, don't do the reverse split. >> what do you think of the timing of this guy of selling this particular division at a time when it looks like the aviation business is actually going to pick up, maybe be in full swing i mean, i don't know if it's comparable but it reminded me of getting rid of baker hughes, when they announced finally that

they would sell the remaining shares of baker hughes, that was in the summer of last year, the beginning of august or end of july and then then they've been up. it hasn't recently been the strong shoot >> last 15 jeers without question you could say same thing when they got away from ge capital. they basically bottom ticked that thing they should have been san diegoing when they were zagging. it makes you wonder what they know that we don't know. the action that should be coming out of it and looking at the next five years, some of the most robust earnings growth that they've ever seen. it leaves you scratching your head the reverse split in a word is just dumb. it's interesting, i'll give you the sports analogy when people put on that yankee uniform, they always seem to play better and conversely, when they go to the other side of

town for whatever reason, things seem to go pear shape. i'm wondering if that's the same as general electric going from the yankees to general electric. i don't know what the thinking behind a reverse split is in this environment >> ge is like the mets, you're saying >> i didn't say -- >> you said the other side of town i -- ok. all right. >> can the met fan respond look it almost feels like the yankees have the highest parallel in baseball every year. that's just a met for i'm seeing. >> all right coming up, a home sweet home trade. why the group is building up, and how you can get in on the action we'll break down why wall street's going all in on video games. much more "fast" right after this

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welcome back to "fast money. check out the home builders topping the tape moving more than 2% higher itb, which focuses squarely on builders, was up even more grasso, where do you go in this trade at this point? >> i still like dr hoerntd

they are a spec builder. that means they're going to have a lot more supply. everyone's concerned with lumber prices, with wages and whatever other input costs and then they're most concerned with a rising interest rate environment, and as i've said, probably hundreds of times, every housing recovery or not that we need a recovery coming out of the pandemic, because that's what people were investing their money in, always takes place in a rising interest rate environment i think you still have to play the names that have the supply on the market. d.r. horton is probably the name i'd stick with >> yeah. tim? >> i like the -- i prefer to play the home builder trade through home depot, lowe's and other components frankly of the hbi, which includes whirlpool, one of the topweights in there and other industrial names are giving you exposure.

train or carrier those are clearly infrastructure buildout on the home front and people investing in their homes, people getting checks. they're going to home depot as much as they're going to the mall or walmart. home depot had a nice pull back. and i think this is a good entry point. >> should you press play on this name or will it be game over and is there a buy 'll eawebrk it down when "fast money" returns this is how you become the best! [music: “you're the best” by joe esposito] [music: “you're the best” by joe esposito]

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for a prospectus containing this information. read it carefully. welcome back a reminder, kramer is off this week we've got a special report with on the edge. we'll get some of the hottest stories of the day some markets are getting hit harder than others check out this chart, comparing the track china's biggest tech stocks and the qqq they've be down 18%. if you're looking to buy a tech dip, should you look overseas, tim? >> well, it's great iron any

that with the top-heavy part of the index are some of the biggest tech companies in the world. taiwan semi is almost a 6% position in the lergeing market etf. as we talk about tech stock at a time egg mania stocks have been under traded the irony is we are in the super cycle. we're in this market where banks are moving higher. this was the em index. in fact, when tech was running in this country, you didn't have a lot of exposure in the top end. i bring that up for perspective. i think that the em and the asian big cap tech names are some of the most valuable and undervalued companies in the world. i think you have companies that have a much larger addressable market, whether it's the spotify of china or netties or you have these dynamics where investors shouldn't get too far away from this trade

i think the emerging markets trade is good. >> yeah. guy, your thoughts >> he's right. ten centimeter it was 99 .80. alibaba is giving you another shot having gone from 225 to 280. in terms of baba you have something to trade against i think 2.25 tim's been talking about it for a while. this is the most meaningful tradeoff we've had >> karen, you have been in baba. would you be back in >> baba. >> or you still are. ok >> i haven't sold any baba it's been a bumpy ride i think baba is undervalued. people talk about anson and i feel like the valuation, you think about the valuation is completely out you know, i like it here

it hasn't worked lately for sure, but i think it's potentially huge and not expensive. there's a lot of other businesses there it's not worthless trading like it is >> grasso, i'll ask you, k web or q and i'll give you a choice c, which is none of the above. because i know you like the typical trade. >> i think you probably can go with china-related stocks over the qs if you think about it, there's been such negative rhetoric towards anything china-based and including and probably most importantly chinese stocks there's been talks about delisting. that got to a fooemp pitch i think there was a number of things that hit that whole space. that has died down i think the rotation is still going to hit the qs here so i'd rather be a buyer if it wasn't would you rather and you did?

i'd say chinese stock. >> one of those china stocks reports earnings tomorrow. let's bring in bonawyn bchlt what's the setup for j.d.? >> high, mel so given all the compelling stories around that narrative, i would say that the moves today on j.d. were relatively muted. calls outpaced you're looking at the volumes, that was only 20% higher going into earnings. you can see that options are implying about a 6% move in either directions. being relatively muted we typically see about an 8% move having to dig beneath the surface a little bit 4,000 of the june putting it at about 87% of spot. i bring that up to contrast all the up side call be buying wie been seeing. zwiptly a reversible trend here. >> thank you, bonawyn.

for more options action, tune in friday 5:30 p.m. eastern time. coming up, we are all over the after hours move in shares of amc. the call is just wrapping up we've got fresh reaction to the call they say it's headed to a peby a share. we'll press him on that. we'll dig intohera nt. t tdeex it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪

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welcome back to "fast money. shares of roblox it was up more than 7% from where it opened. grasso, do you like this name? >> so this one that fits into that growth bucket, high growth, high valuation basically we'll be left to see what it looks like in the coming months, but this is one that i thought about actually buying today. i held back because i think it's going to be under pressure i'd like to see it settle in just a bit but it is worth noting that this was the third largest opening print in stock exchange history

behind slack and behind alibaba. so this was a huge print it had an enormous following people love this stock, but i'd wait for it to come many just a bit. >> how should we think about growth, though this is trading about stock. they said year on year it would be between 29 and 56%. in the second quarter it will be between three and 9% because of the tougher comparisons. young people not in school or another school learning virtually and they had time to play videos, guy things are going to open up and how are we going to think about this >> it's trading like a growth stock. doesn't mean it is one now things are going to wane you're paying up for something that may have seen its best days in terms of that growth

trajectory i'd be cautious there. i would actually be inclined to look at electronic arts, which having made that double round top one in the middle 30s makes a little sense, so i don't think the theme atic is over, but you pay for growth when growths is there. not when growth is in your rearview mirror. it's like signing him and now he's not going to do anything for you. tim. >> is this pick on tim day this is the third time in 51 minutes you pick on tim. i'm even including the commercial time. poortism >> wow, we pick on the ones we love >> they picked on him during the commercial break >> that's true all right. coming up next, why one analyst says a red hot stock the worth just aen pny that's when "fast money" returns.

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and in parts of many cities where people can use massive capacity, we have ultra wideband, the fastest 5g in the world. this is the 5g that's built for you. this is 5g built right. only from verizon. welcome back to "fast money. let's take a look at the shares of amc our next guest is fresh off the

company's call and he put out a new note today saying it's headed to a penny a share. rich greenfield joins us great to have you with us. >> thanks for having me, melissa. this has been a crazy 24 hours >> i was going to say between the fubo call last year, i hope you have security cameras installed around your home >> fubo is down pretty significantly. it's obviously been very volatile but it's down pretty dramatically over the course of the last couple of months. if you look at amr theaters, we've been looking at the rise of the stock as vefgs seem to be excited about opening. sin mark has a good balance sheet. they will never generate meaningful free cash flow. people can buy it because they're excited to going back to theaters but there is no value in this company.

ultimately, they can't pay off their debt ever. >> you mentioned secular head winds facing all the movies. shorter release times, video streaming, etc., etc the same old sort of argument working against movie theaters seems like the leverage is what got you for amc putting a pony a share. >> i would step pack for a second >> ok. >> this company generated 770 million of ebitda. now think about what's happening. i'm sure at some point we're going to be comfortable doing what we did before the pandemic. whether that's 2022, or 2023 executives like jeff shell who runs nbcuniversal. jason kai lar, bob bachus, all of them have said very publicly in the last several weeks the consumer has spoken. we are not going back to

prepandemic release windows. we're going to get movies sooner into the home and really empower the consumer with more choice. the end result is attendance levels are never going to be so that p 70 million of ebitda is never going to be achievable again. even if it was, they can't pay off their debt but if they can't get close to that level, this thing literally is worth -- can't cover its debt let alone have any value for its equity holders >> the penny, let's be clear, is based on your eight and two times estimated ebitda >> that's correct. >> and you're saying that could be generous. basically you're say diagnose -- >> we're basically saying this company can't cover its debt >> right it's going to go bankrupt. >> ultimately. it's going to be a slow bleed. they have a long time before they go bankrupt, which is why basically you pit it at a penny.

i'm not saying they're going to file for bankruptcy in the next 12 months but they don't seem to have any other way to repay -- remember it's got $5 approximately of debt right now. a mountain of deferred rent because they couldn't pay its rent over the last 12 months i don't see any way with shortening or release windows, every one of these studios is realizing the major driver of s spot is big movies you look at soul for disney. hamilton, wonder woman, the matrix is coming to hbo max. all these movies direct into your home at no extra cost the idea that you're going to go see as many movies at these prices in theaters, i think that's a pipe dream. it's just not going to happen just a moment let me ask you this i saw this tweet earlier, i saw you deleted it but you tweeted down 65 cents. only 9.84 left to go.

>> sure. >> are you in any way cheering against this stock i have to ask you this because of that feet >> sure. >> and just because of the high interest in this particular stock. >> look, i think as you've seen going back our whole careers, when we make a big call, we admit it we've been focal on our swruz on fubo i think we've been correct in that viewpoint ultimately we'll see if it goats our price target of 6.50 take a snapshot. put a buy on in it the teens now it's a stock that's up multiple times that. i think you had someone on the show in january people fearing what it would mean with trump being banned it's twitter has been a home run st stock. >> and the market deal with tash ter. rich greenfield, thank you

>> thanks for having me on. >> tim >> home depot. >> karen >> cvs. >> steve grasso. >> stpk, great entry point. >> guy adami >> va, it's in the game. >> all right thanks . i'm scott wapner jim cramer is off this week. this is "on the edge." ♪ ♪ >> good to have you with us. tonight's top picks, big bang theory why so many ceos are oozing of t -- of ptimism tonight but what about the side effects from the stimulus the gamestop to the reddit craze, casinos, is all of this getting out of hand? the bumble buzz. the young entrepreneur and miami nice is th