PLBY is a stock we first alerted on Mar 30 as an NFT SPAC play. The stock has launched over 230% since that time (in just over a month), and now we want to go ahead and close it out. Today's bar is troubling, technically. It may continue higher. But this was a reversal day after a massive run. The stock was up big early in the day and closed down big on no real...
This is not my idea or research. This is an idea from one of my favorite analysts, Brian McGough, who is a retail director at Hedgeye Risk Management. He said GME GameStop was a potential 10-bagger when it was at $20 late last year, and he's recently said he thinks PlayBoy is a 10-bagger (from ~$20). The general thesis is that the old management is gone and new...
I believe this is going to fall hard tomorrow... the SPAC period is over tomorrow and institutional shares can be sold as well as a bearish triangle is forming.
Amazing week guys and girls, I just want to say that I appreciate all of you that follow my posts, like my posts, comment on my posts... etc .... whatever... any form of engagement really keeps me motivated and I'm absolutely over the moon that anyone at all even thinks what I'm doing on any occasion is a good idea.
I know I am not hitting 100%, but we are going...
Yes, you heard it here first, I am going long and strong on Playboy, a pure play on boobs and NFT's. Their vaults are bulging (no pun intended) with content just waiting to be converted and sold as NFT's. They had their initial pop and the stock has been bouncing around ever since (lol) but has recently appeared to have found a footing at the $25 level which...
Time to start putting the PLBY long idea in the bank. As noted in our last update in late March, this is an NFT play and an iconic one with obvious appeal for the momo crowd. But we have already seen as much as 80-90% upside from our call in a matter of days, and the doji is hanging in the air like a question mark.
PLBY is a brand you know as an iconic men's magazine. But the stock is now the latest hot SPAC and the newest NFT play, as it sets up to tokenized its hottest centerfold spreads.
Plus looks like it goes in several week waves that have a fairly consistent theme over at least two wave cycles. I think that once the general stock market starts going into a correction that PLBY will be seized both by the mostly male traders and also by the meme groups as something “funny” that also seems to be following clear patterns already. Can a...
