@realmoney Here is some honesty:

May 27, 2020 | 02:50 PM EDT DOUG KASS
Out of ViacomCBS
* This investment has been a very bad experience
* Today I have sold Goldman Sachs, Twitter and ViacomCBS - as I reduce my investment long holdings after the sizable market advance from the

March lows
I have sold my entire ViacomCBS ($VIAC) long this afternoon at about $22.15 (for a loss).
VIAC missed on its last quarterly EPS report before the spread of Covid-19 and I should have pulled the chord then.
The shares fell from about $32 all the way down to $10.50

after the virus' disruptive impact on the domestic economy and on key portions of ViacomCBS business segments.
At that point (with the shares at the lows) I felt like vomiting in my mouth - an unpleasant exercise.
In a very undisciplined way, I averaged all the way down (I

literally purchased shares under $11/share) - even as the "shelter at home" continued to erode the company's share value.
Less than two weeks ago the shares were under $16/share - and have risen close to +40% since.
As a result of the share price rise, my aggregate loss was

relatively small. (In several accounts, I actually had a gain.)
Nevertheless it was a distasteful experience that I would preferred to have missed!

Though the company intelligently addressed some liquidity concerns over the last month, it is very difficult for me to currently construct a spread sheet on the company given the numerous uncertainties facing ViacomCBS. As a result, I have only a limited sense of what the

company's intrinsic value is.
Based on this limited understanding of the company's fundamentals, the shares may still be "worth" a slight premium to the current $22 share price (perhaps in the $23-$25 range) - but probably not too much more and not enough to merit holding on a

reward vs. risk basis.
Honestly, I am sorry to have put everyone through this one - and I have taken it off my sheets (to look at no more!). @jimcramer @tomkeene @cnbcfastmoney @SquawkCNBC @Sarge986 @threadreaderapp unroll