Short answer: No
Long answer: I wouldn't buy unless for these reasons below.
1. Trading on technicals/charts. Even then I wouldn't hold for more than a few hours and would take profit as I get it. No need to get greedy. As you can see (many, many times), these pump and dumps happen way too often and you're left holding the bag, or HMNY comes out with some nasty SEC filing after hours if you hold for more than a day.
2. When MoviePass isn't burning a shit ton of cash anymore. They're burning more and more each month with no end in sight and the only way of funding it is through milking shareholders dry, generation after generation of shareholders being wiped out. However, I no longer have any hope of them becoming cash positive.
Go through my post history and I have given my honest calculations of what I believe the money they are losing each month. Unlike the pumpers on this board, I actually have real numbers to back up my claims.
If you go through my post history, you will also see my track record: i.e. extremely accurate MP sub estimates, extremely accurate HMNY outstanding shares, extremely accurate predicting HMNY would be out of cash by this past weekend, which is why they had to do a nasty IOU agreement with Hudson Bay.
Having said that, I already calculated that HMNY acquiring Emmett/Oasis is the worst idea EVER. They basically lose money making and playing these movies and then herd MP subs into watching them, further having to pay for these subs. Horrible, HORRIBLE idea. That's like me buying something for $10, reselling for $5, and then further paying someone $5 more to go and buy that item. It's a guaranteed money-losing scheme. HORRIBLE!
I originally had some hope for MP if they ever raise prices to $15+ and actually get in some good deals, but because HMNY acquired Emmett/Oasis, HMNY is now on a dead-end road I believe they will never, ever recover.
