$GNUS You realize the stock price is too high, it currently values the company at around $400m based on outstanding shares.. Whos gonna pay $400m for a company who has never had a positive year in 13yrs? Even if they doubled the current stock price, would put the company at $800m (way over valued) they did what $6m is sales last year? Be smart dude.. Noone is buying it at its current rate
$GNUS You Bears only have leverage because of increased shares news. Don’t be surprised if Netflix or some other big company merged or buys Gnus
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@algoPyguy @Kabanch the answer is right here. The short sellers are doing their best and succeeding. The big investors realized that the short sellers will keep depressing the price until it gets closer to presenting the numbers. And as we seen today, the iOS downloads on day 1 have been breaking records. So I for one, can’t wait until the earnings call in mid August, just a few short weeks away $GNUS
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