Is $GNUS a good buy? Genius media makes children cartoon T.V. Shows which my little cousins and everyone I know kids have been binging. They have shows on Netflix and normal television. They get more revenue the more views they get and in a recent shareholder letter they stated highest viewing levels ever. Earnings are in May and I want to buy a lot of this stock. I think with it being a nano cap stock many people have overlooked it they have still continued production throughout quarantine and have a lot more views Im thinking it will spike after earnings. thoughts?
Following this Canadian capital markets insider trading story … big fight to keep it up, but definitely determined. Bouncing around now on a bunch of new domains. Stockmarketcriminals.ws
Do a little research on the company. $GNUS does not make a profit from it's products. They raise money by selling warrants for pennies. $0.21 to be exact. GNUS proprietary products are nowhere near the top of the children's retail market. GNUS also owns unreleased, undeveloped Stan Lee characters. Anything Stan Lee developed which was successful, is not what GNUS owns. They have all the stuff Stan Lee couldn't sell. Shareholders are diluted via new shares issued. It is great if you are exercising warrants @ 21¢, then selling for $6. But not so great if you bought at $6, as the stock slides to $1.
