Genius Brands International Inc (GNUS)

[moneym8ker]

What an absolute dog so far today.

I hated their revenue drop. I hate that their cash is from administrative activities (selling shares and warrants and notes).

That said, cash and cash equivalents still is cash and I didn’t own the stock prior to the offerings so the rampant dilution hasn’t affected me the same way it affected investors and traders at the +$1.50 line earlier this year through the 52 week hi buyers club.

All that being said...I bought ahead of the 10Q which turned out to be a wet dog.

The only reason I bought was in hopes of a 10Q that is something other than a wet dog.


No reason to hold. The conference call was surprisingly upbeat for a company who shed millions in revenue from the same quarter last year.

Other than cash being parked here for a few days it’s not hurting me...I just don’t like parking money that can be moving elsewhere.


Chart wise... I think the bulls still have a grip on this BUT man...it’s like watching some old man hang from monkey bars and you’re wondering if he’ll make it across or finally let go.