Monday, June 22, 2020 2:48:57 PM
As an analyst my job was to add up positives specific to each company. I then placed these on a canvas representing competitors. Then came a backdrop representing the general non-specific environment. All this was designed to look at available information fairly and without prejudice or bias.
The one thing an analyst never allows is judgments coming from outside influencers. By that I mean we may want to know what people are saying but we dare not become swept up in their high praises or low-flying fears.
Bottom line: the smart investor decides things for himself and does not permit others to make up his or her mind about anything.
Now, then---to answer your question---
I cannot read the future of GNUS any more than you can.
Yet there are fairly routine questions I will always raise prior to taking a position in any stock:
1. What does the corporate history say?
2. How truthful are issued press releases?
3. What is motivating message boards such that there's a constant wave of high pressure being brought to bear on investors or would-be investors?
4. How profitable has the company been throughout its existence?
5. When a company issues a flurry of fast and furious PR's and shareholder letters---how much, if anything, will be backed up by SEC filings?
6. For me---the main thing will always be:
If I put money into this company three years ago, would it have grown?
If I put money into it a week ago, would it have grown?
If I put money into it today, do I have reason to believe it will grow this week? Month? Year?
Last week resident promoters insisted shares would be taking off on a non-stop special for the Moon on Monday. And now, here we are, down another 11% and the market is actually green except for us.
It's absolutely crazy to trust anything about this company's future based on answers to the above questions.
If you were my son or daughter or personal friend
I'd be encouraging bag holders to get out immediately and repurpose any money remaining. I can buy something with money, but I can't buy a damned thing with hopes, assurances and prayers from people I have no reason to trust.
I wish you the best and hope you'll act accordingly. And should you choose to stay an investor here, perhaps you will learn something very important.
Either way, I hope you find your experiences profitable.
Jugs
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