5/13/24 - vrockstar -
BZFD
- burning a post to caution here if you own this dog. i'd dump it and move on. the fact that you'ore looking at a double+ from the lows is a blessing. do a favor and look at google trends...
trends.google.c.../trends/explore?date=all&a...
the trends are down and to the right. they are burning cash. web 2.0 clickbait in a world of ai-generated content tiktok. it's an antiquated model. "yes" the co/ brand could be bought (is that what you're playing for?) but it's laden with debt, burns, and the trends look awful. even short interest is limited so looks like it's a slow bleed from here all else equal. caution if you own it, and probably not worth any punt into the tape unless you have a very nuanced view or want to play the meme/ breakout in the AM if the stock "beats" (whatever that would even entail is beyond me) - and that's not my discipline. as a fundamental guy with a technical overlay - this looks like a clear stay away.
probably my last comment on this ticker unless something fundamentally changes worth burning my words on. buzzing off here and gl to owners - i wish you the best i really do but fingers crossed is not a strategy i embrace. - V
BZFD
- burning a post to caution here if you own this dog. i'd dump it and move on. the fact that you'ore looking at a double+ from the lows is a blessing. do a favor and look at google trends... trends.google.c.../trends/explore?date=all&a...
the trends are down and to the right. they are burning cash. web 2.0 clickbait in a world of ai-generated content tiktok. it's an antiquated model. "yes" the co/ brand could be bought (is that what you're playing for?) but it's laden with debt, burns, and the trends look awful. even short interest is limited so looks like it's a slow bleed from here all else equal. caution if you own it, and probably not worth any punt into the tape unless you have a very nuanced view or want to play the meme/ breakout in the AM if the stock "beats" (whatever that would even entail is beyond me) - and that's not my discipline. as a fundamental guy with a technical overlay - this looks like a clear stay away.
probably my last comment on this ticker unless something fundamentally changes worth burning my words on. buzzing off here and gl to owners - i wish you the best i really do but fingers crossed is not a strategy i embrace. - V