HMNY is the most undervalued NASDAQ stock ~UPDATED DD~
Let's clarify:1) Their cash position has increased the company can be profitable during Q4 because of new business plan. AS A RESULT, BANKRUPTCY IS OUT OF THE QUESTION.
FOX NEWS: MoviePass could turn profit as members see fewer movies
3) NASDAQ listing extension is a piece of cake. If they want to stay in NASDAQ, they can provide a new business plan.. THEY CAN GET 6 MONTHS EXTENSION EASILY.
4) Their Cash and cash equivalent position is bigger than current Market cap. IT IS VERY UNDERVALUED.
5) HMNY has valued MoviePass when it was 16,000 subscribers 50 million dollars. The last interview says they have 2.1 million Subscribers. HMNY value should be at least hundreds of millions of dollars. AGAIN SHARE PRICE IS VERY UNDERVALUED.
HMNY either will spin-off MoviePass or will sell MoviePass. In Both cases shareholders will win in my honest opinion. This is my DD an I am long and thinking this is a great opportunity under 2 cents. It is a lifetime opportunity for myself..
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