Genius Brands Has Become a Buy with the Spotlight on Its Flagship Show
After advising investors to wait for better entry points in Genius Brands (NASDAQ:GNUS) shares for months, I believe that it’s now finally a good time to take a small, bullish position in GNUS stock. This pick of the penny stocks now has a lot of promise.
Source: Syda Productions/ShutterStock.com How? Well, multiple positive forces have begun materializing for GNUS, poising the stock to drive higher over the medium-to-long term. Among these are the success of the company’s new show, Stan Lee’s Superhero Kindergarten, as well as its recently announced partnership with Cinedigm (NASDAQ:CIDM) and the recent plunge in the stock.
In the medium term, the decline of cryptocurrencies could boost these shares, too. Plus, the company could also easily become a takeover target down the line, greatly lifting GNUS stock in the process.
GNUS Stock: Superheroes and the Cinedigm Partnership As of May 3, Stan Lee’s Superhero Kindergarten — which features the voice acting of Arnold Schwarzenegger — had attracted more than 9 million views since its late April debut.
Moreover, the growth of the show’s audience seems to be positively accelerating and causing Genius’ user base to surge. In a report, the company noted the following stats:
“Network hours watched went up 941% week-over-week to 349,735 hours. Unique users went up 1,841% week-over-week to 1,858,434 uniques. New application installs went up 465.9%.”
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Tomorrow is triple Witching Day during power hour! FYI
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Fed to lift all temporary capital return restrictions on June 30!!!! Hahaha OMG! Short Squeeze coming next week baby! ALL BANKS LOANS MUST BE RETURNED BY NEXT MONTH! HEDGIES ARE F**CKED!!!! LOL