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They are doing so by canceling subscriptions to cable and satellite game packages, not buying sports memorabilia and turning off the networks such as CBS that earn their bread and butter broadcasting the NFL games during the season. This is going to hit them right in the wallets and now some analysts are starting to think that the time has come to short media stocks. Here are the details from Bloomberg<\/b><\/a>:<\/p>\n Can President Donald Trump<\/a>\u2019s attacks on the NFL tank media stocks? <\/b>One Wall Street strategist says count on it. <\/b><\/p>\n JPMorgan Chase & Co.\u2019s<\/a> Shawn Quigg is encouraging investors to bet against CBS Corp.<\/a> stock ahead of this weekend\u2019s NFL broadcasts. The bank recommends buying an option that gives you the right to sell the shares at $57.50 on the likelihood that the stock will fall below that price after the company discloses ratings for the games. CBS closed at $58 on Tuesday. <\/b><\/p>\n A side note. I dabble in the markets and have played around with the options they\u2019ve talked about. My personal batting average is a big, fat goose egg. While the return on investment can be high, the risk is also quite high. If you want to do this, please contact a licensed expert who can explain this to you in excruciatingly painful detail.<\/p>\n Trump began encouraging<\/a> fans last week to boycott NFL games, arguing that players were unpatriotic and should be fired for kneeling during the national anthem. The practice of going down on one knee during the anthem was started by former San Francisco 49ers quarterback Colin Kaepernick as a protest against police brutality and mistreatment of black Americans. <\/b><\/p>\n Colin Kaepernick is what is known as a \u201cFree Agent.\u201d This means any team can sign him to a contract and not have to make deals with other teams. Another term for this, at least in Kaepernick\u2019s case is, unemployed. He is currently looking for a position calling the plays for the team at the local Burger King.<\/p>\n Fans didn\u2019t follow the president\u2019s pleas last weekend, when overall ratings were higher than a year earlier. <\/b><\/p>\n That was last week. This week, things have started to ramp up. One issue though, is season ticket holders. They\u2019ve spent huge amounts for those tickets and the teams won\u2019t take them back. On the flip side, DirecTV is allowing people to cancel their \u201cNFL Season Ticket\u201d service and get a refund. That is going to hurt both DirecTV and the NFL.<\/p>\n So far, media investors don\u2019t appear worried. Shares of CBS, which said ratings for last Sunday\u2019s games were up 4 percent from a year earlier, have changed little this week. JPMorgan analyst Alexia Quadrani has an \u201coverweight,\u201d or buy rating, on CBS, with a target price of $75. <\/b><\/p>\n There are other indicators that need to be examined. These are the shirts and other NFL junk people buy.<\/p>\n Quigg also cited NFL jersey sales to see whether fans are souring on the sport. <\/b><\/p>\n \u201cNFL-related revenue is not trivial to CBS, and any decline in NFL viewership related to the National Anthem debate may negatively affect future results,\u201d he said in a note to investors Wednesday. \u201cWe view this weekend\u2019s viewership results as a cleaner proxy in determining whether the Anthem debate may be a larger issue for the NFL, and CBS, or not.\u201d <\/b><\/p>\n One of the things that\u2019s been happening is sales of some jerseys have actually skyrocketed.<\/p>\n Quigg noted that the jersey of Alejandro Villanueva — the only Pittsburgh Steeler to stand on the field during the national anthem during last weekend\u2019s game — was the best-selling jersey in the hours following the player boycott. <\/b><\/p>\n Right up until he put his foot into it by letting his coach browbeat him into apologizing. Still, he did stand and that is what counts. As for all the losers? People aren\u2019t buying the jerseys, they\u2019re burning them.<\/p>\n https:\/\/www.youtube.com\/watch?v=-AbZrMQjGrE<\/p>\n \u201cIf one uses player jersey sales as a proxy, fans appear to favor an on-field standing presence during the Anthem,\u201d he said in the note. <\/b><\/p>\n While some might view the controversy as a short-term threat to ratings, another week of lackluster viewership this weekend could \u201cmobilize investors to take the potential impact more seriously,\u201d the bank said.<\/strong><\/p>\n The \u201cThreat\u201d to the bottom line of the NFL and the networks is real, but it also depends a lot on how pissed off the fans are. While American sports fans aren\u2019t quite as nutty as soccer fans in other countries, they can go off the deep end from time to time.<\/p>\n However, these are also people who helped elect Donald Trump, and who really are very patriotic. These knee bending bozo\u2019s, in the minds of many people, have made it to the big time and are pissing all over the country that not only let them get there, they encouraged them. If the fans stay away from the NFL, it\u2019s going to hurt. Only time will tell.<\/p>\n Thatisall<\/p>\n ~The Angry Webmaster~<\/b><\/i><\/p>\n [yasr_visitor_votes size=”large”]<\/p>\n","protected":false},"excerpt":{"rendered":" Good day all. The controversy regarding the spoiled brat brigades in the NFL continues. The fans are ripping mad over the overpaid prima Donnas disrespecting the flag and the National Anthem, and are taking it out on the NFL and … Continue reading <\/a><\/p>\n<\/a><\/p>\n<\/a><\/p>\n<\/p>\n<\/a><\/p>\n