Genius Brands International Inc (GNUS)

[moneym8ker]

Not gonna lie...

I was liking the news and looking forward to the 10Q. I got a chance and took it with the price dipping intraday to $1.12. I chased it and got $1.15.

I was thrilled when it went to $1.28 and hoped it meant that the cracks in the wall had heard of a great 10Q.

So, a little surprised with the 10Q. It was disappointing especially considering the upbeat remarks prior to the 10Q from the CEO today.

I can sell today at breakeven in after hours or probably sell at a loss tomorrow.

I don’t comment much on meaningful holdings but Tito’s got the best of me.

GNUS should have had a better quarter than this. That’s the bottom line.
Yesssss I know they have lawsuits and yes I know the in and the out of their daily stuff but they should have reported a better quarter.

Their revenue was less than $275K for the quarter.
I make that in my sleep. These guys say that they’re coming to work and that’s what they made so no.

This just became a hard sell.

Hold it if you’d like but I’m a seller at the open. Their 10Q was just bad.

Not only was their 10Q bad BUT what they put investors through during 2020 3Q was disgusting.


I may be wrong but I’m not poor and I won’t be poor. I’m a seller of GNUS at breakeven.