Nice follow-up. I would be interested in what you have to say about the charts of $AMY and $PLBY. If statements are possible at all, as both stocks have low volume.$AMY I have been re-buying for months in the zone between $0.3 USD and $0.23 USD. and $PLBY between $1.60 USD and $1.50 USD. Both ideas are based on fundamental considerations and are not short-term trade ideas. However, it would still be good to know where the journey could go in the short term 😉
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@fastlane So PLBY looks quite good as far as you can say with such a chart ;) https://www.tradingview.com/x/0CQdCE6e/ AMY maybe something like this https://www.tradingview.com/x/PRmY16JM/ But of course these are already hard penny stocks and therefore anything but ultra reliable now.
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•@TradingMelone Thank you very much 🙏. Am aware of course that both stocks are very event driven. So far I have already liquidated my position in PLBY 3 times in the area above $1.80 USD and collected again below $1.60. So it seems that I can continue with it until $1.93 USD is broken through.
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•@fastlane How do you even come up with such shares ;)
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@TradingMelone hey nice, for Amy my analysis was similar. Therefore, first out at the spike😂 And how I came to it (can not speak for him): most likely chance to a hypeaktie, should the recycling at some point also come into the pots. Valuation is in line with the market situation + company management is exciting.
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•@TradingMelone I became aware of AMY when it surged in early 2021 due to takeover rumors. However, I then lost track of it a bit until a Getquin user @shovelstocks brought the company to my attention again. He did an interview with the then CTO (now CEO) and over time I was able to reduce my entry price significantly, which has left me well in the black. I chose the company because of its proprietary technology, customized business model, growing market and transparent investor relations. However, the entire industry is still in its infancy and AMY is also still pre-revenue. In the last year they have successfully scaled their process to the size of a demo facility and recently completed a first JV, so the ball is starting to roll and if management can successfully execute their plan, I see a market cap of >1bn here. Playboy has been on my radar since the IPO. Sex sells and the brand is one of the best known in the world. Recently I got more involved with Playboy when they introduced their competition to OnlyFans. Due to absolutely poor management, the stock price is now well below book value, and my investment hypothesis involves liquidating the assets, which should result in a fair value between $3-5 (depending on selling prices of course). There are already first signs for a liquidation, like the sale of the private jet and Yandy. Furthermore, there are rumors about the sale of Honey Birdrette. In addition, some of GME's OGs have joined Playboy, and a research report on Playboy is to be published in the next few weeks, similar to what was done with GameStop back then.
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