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moneym8ker

08/04/21 6:30 PM

#9993 RE: Racerxtg #9992

I actually agree with you, and their claims of a long term plan.

I also believe that in the very near term that they’ve not proven that they know how are can’t yet monetize their shows.

Think of them like Facebook or Google long term. In the beginning they were nothing more than DotComs after the DotCom bubble burst.

Both of those companies learned and proved that they could turn ads and content into very profitable revenue.

Right now, as it stands they’re only spending. Yes they’re spending to have growth but right now all they’re doing is losing money, then raising money through share offerings.

I’ll stay in my short position.

There are multiple ways of saying you don’t like a company or that you like them but think their stock is overpriced.
One of those ways is to not buy the stock. Another way is to sell the stock if you own it. A third way is to sell them short.


It’s nothing personal to say I don’t like GNUS right now.

All they have to do is discuss profitable monetization of their platform and business and I’ll close my short position and consider going long.

I could go long with Call options. I could buy the stock…the point is is that if I was in here saying I bought calls or shares nobody would be getting snarky or outright mean with me…that is of course unless those bullish posts proved to be dead wrong just like so many of the posts I’ve read in here.