Okay, let’s create a separate thread for this US stock (GNUS) if you’re looking for excitement and holding your breath. The stock is currently fluctuating wildly, even -66% or +100% every fifteen minutes (E: That wild one-day roller coaster was due to the actions of a professional short-selling firm - it calmed down after that).
Genius Brands is launching a children’s “Netflix” on June 15, 2020, called Kartoon Channel, and the whole package apparently includes several channels, of which the Netflix/Disney+/HULU-style one is just one.
The company’s background includes little films like The Lion King and Frozen in their back pocket.
And Genius also has the rights to Stan Lee’s last script (?), which Disney would surely want to buy for a nice price.
Stan Lee’s Superhero Kindergarten is one of the very last properties created from the gifted mind of the great Stan Lee. He collaborated on it with another icon, Arnold Schwarzenegger,
With corona still actively circulating in the US, children are at home watching a free (ad-supported) channel, whose Llama Llama show is apparently very popular in the US. Then after the summer comes the Christmas market, where a couple of Genius’s toys will probably sell well.
This is awesome!! More of these. I have an offer pending. Hope it doesn’t start to rise before it reaches it..
Edit. Oh yeah, it went through! This is a long-term hold. I’ll check the portfolio next in 2022. Gotta pick some blueberries and chill. I think I’ll throw my phone at the wall.. About 8-10 shitty companies in the portfolio.
PHEW, there really has been/is a lot of speed and dangerous situations. In the last couple of days, trading has already been halted due to excessive volatility. The company was already going bankrupt a little while ago. The monthly return has been a modest 2000% or something.
I’d love to read other people’s opinions, I’ll definitely be following this with interest, and of course I’m in the wagon
What kind of risks are involved? However, with a 2000% return per month, it might quickly slip down 50% and stay there, right? Is there any analysis and target price available for this anywhere?
{“content”:“Today 3 purchases here. The first one went completely awry with Nordea, messing up in a hurry and mistyping the sums, so a lovely $11.4 The next ones hit a bit better, meaning $6.2 and $6.5 (it’s a shame, because a spot under $5 was missed due to Nordea’s system). \n\nI’ve had a chance to look into this more closely already, and I must say that it seems quite impressive, even though there are still risks. If for no other reason than Stan Lee was an absolute king, I must be involved in this to honor the master’s last work :)”,“target_locale”:“en”}
The biggest question mark is whether the channel will succeed in attracting enough customers. It’s more likely that they’ll get programs for others’ offerings, as before, but that doesn’t support their current valuation.
The current valuation indeed doesn’t have much to do with fundamentals. If the S-3 filing hadn’t come today, the stock price could have jumped really high. I believe in the company’s story and long-term potential, but one should be cautious with this now.
Things have been so wild that yesterday I lightened my holdings by 6% at around €7.8, and today another 6% at €11.30. I definitely broke into a cold sweat when the price then dropped to below 5 euros soon after selling. However, 88% of the shares are still in my portfolio.
The price dropped for this reason, which was known to those who had done their homework. Based on the US forum, it seemed to come as a surprise to a large portion.
It’s worth reading the latest shareholder letters if you’re interested in the company.
Here’s the latest CEO interview.
I personally believe that a realistic scenario a few years from now is that some larger company will buy this one out. The CEO talks quite a lot about industry deals, from which one can conclude that it’s a possible end goal.
Looks like it’s a volatile ride, currently at $6.60 in pre-market. A little research into the company reveals that a high-caliber individual seems to be holding the CEO position, not to mention the production with Stan Lee and the series co-created with W. Buffet. I guess I should probably start watching this “Warren Buffett’s Secret Millionaires Club” series myself, maybe I’d learn something from it.
After reading some of the discussions on Yahoo Finance, they were talking about short sellers no longer having “ammunition” left. Could that also be the reason why the stock was fairly flat after noon (USA time).
And more about Citron Research, which apparently was behind yesterday’s rollercoaster:
“What a complete joke. Cheap stock about to flood the market. This is child’s play.”
Are you seriously claiming that one short-seller can cause such behavior in the stock price? Yesterday’s stock roller coaster is based on nothing but FOMO and panic selling.
I came across this stock in Mika Hyttinen’s videos. I started researching the company more.
My first purchases were at a price of 2.60 USD, and the last ones at 0.20 USD.
Eventually, I had a six-figure number of shares. In the last two days, I have sold most of them and left a quarter at an average price of 0.27 USD.
I will not sell these for less than 15 USD. I see enormous potential in the company if everything goes well. However, there is plenty of risk. This is a very likely M&A target.
On the 15th, a new channel will be launched globally. Alibaba and Amazon, among others, are involved.
SK will be released next year, at which point things could get out of hand.
Indeed, there aren’t many shorts left, this one is in IB (Interactive Brokers). The lending rate is quite reasonable, which somewhat limits a longer position.
Citron (Research) certainly finds its targets, and regardless of what one thinks of these professional short-sellers, sometimes there are indeed seeds of truth in their claims. The revenue to market cap ratio is certainly insane, regardless of the overall situation.
I just sold everything. There’s a good buzz in the market, and gnus aren’t flying, they’re falling. As an old-timer, I’ve learned it’s better to buy a rising stock than a falling knife. There’s still time to jump in if it takes off. Signed, AA, Delta, and UA have already offered 50% profit in a month
if you’re looking for excitement and holding your breath. The stock is currently fluctuating wildly, even -66% or +100% every fifteen minutes (E: That wild one-day roller coaster was due to the actions of a professional short-selling firm - it calmed down after that).
with interest, and of course I’m in the wagon 
Put on your buying pants? 
