Replies to post #110 on WOW! Unlimited Media Inc. (fka WOWMF)

[rickn23]

Short answer, yes, it could do that.

But, I doubt GNUS will go like that again. They have a lot more shares outstanding and more of the people buying shares are doing it for a quick trade.

Monday GNUS announced a conference call for Wednesday and GNUS's share price went from $1.30 to over $2. The selloff started before the news came out. Maybe a longer time period between the announcement and conference call could allow the stock to run higher.

I think GNUS would only run on news that leads to the company being profitable, in a reasonable short time period. I believe GNUS is on track for an operating loss of $15-$20 million for 2021. WOW won't be wiping that out.