I understand some trade based on Fundamentals and in depth research based on their knowledge of the trading world.. I on the other hand I base my trading on the Ceo's and their reputations along with the business plan.. I will research the plan and see if it is actually obtainable and see if I believe the company is capable of achieving said goals .Blagman has a stellar Reputation , and is quite acquainted .with the Media world . This looks like a winner in my book .. We shall see in the future how this baby plays out ..
Once again, you are not taking any potential revenues into account. Why don't you take different scenarios into account? I always start with a worst case scenario (excluding things like nuclear war rendering entertainment moot or Mr. Blackman suddenly passing) and best case scenario. How consequential would a million dollars be under even a worst case scenario given the business model (things like expenses vs revenues)? Then start comparing the pps with the outstanding shares and see the market cap. It seems very disingenuous to present debt without a picture of how revenues would interact with it (partial picture). If this show is just a reasonable success (a very realistic possibility given the strike); a million dollars worth of debt seems a very reasonable small investment in my analysis.
Are you going on record suggesting their will be no revenues?
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