The big question however is, considering the losses that the company is experiencing as a result of MoviePass, will it be able to withstand these losses until it can create a profitable product from the data? That is a question that’s impossible to answer. One major factor is time, and the company doesn’t have much of it. It has the data, the expertise and the technology. In reality, HMNY has everything it needs in order to bring the company to a profit. However, given the data, this one is a bit of a toss up. The reality is that there’s no way to tell the future. Ultimately, the bulls believe that HMNY is going to take the data and their marketing capabilities to create a profit in the long run, Bottom Line for HMNY Stock The bulls argue that while Helios and Matheson Analytics is taking a loss at the moment, MoviePass will be the goose that lays golden eggs. Not to mention, the company has been clear about the fact that they will be selling marketing services and data packages in order to monetize the service. In today’s economy, data is one of the most valuable assets out there. However, the bulls argue that in time, the losses will turn into massive profits, not from subscription fees but from the data mined through the service.Īt the end of the day, HMNY has a massive amount of data from MoviePass subscribers. Ultimately, no one will argue that the company is likely losing money on subscription fees. While the bears point to the losses generated by MoviePass as a reason to avoid HMNY, the bulls don’t mind taking the losses in the beginning. In fact, over the past month, the stock has lost around half of its value.Ĭourtesy of - HMNY Stock: Has It Reached The Bottom?Īs a result, investors are looking at the massive declines we’ve seen on the stock over the past 30 days and thinking to themselves, “This thing can’t fall much further.” Ultimately, the idea that Helios and Matheson has reached a key psychological support level is the reason bulls see opportunity. Unfortunately, the stock has seen some dramatic declines as of late. While the stock has lost most of its value since it peaked at $32.90 per share,there’s still a heavy debate as to whether the stock is headed for the top or the bottom. From September 13th to October 11th 2017, the value of the stock climbed from $2.50 to more than $32 in a dramatic rise that looked like it was going to run for the long haul. Helios and Matheson Analytics Inc (HMNY) has been an incredible stock to follow as of late, and for good reason. While Helios and Matheson did have the RedZone Maps product before it acquired MoviePass, there's no denying the fact that the unlimited movie theater ticket subscription service is what really put the company in the limelight. Back in August of last year, the company acquired a majority stake in MoviePass. To the contrary, MoviePass reserves to itself "the right to limit the selection of movies and/or the times of available movies" - apparently any time it wants to, and with no promise of a refund if it decides to unilaterally change the terms of the deal as it did so often last year.When we think of Helios and Matheson Analytics (HMNY), the first thing that comes to mind is MoviePass, and for good reason. In fact, MoviePass explicitly refers would-be customers to "section 2.5" of its "terms of use," which warns that actually, MoviePass "makes no guarantee on the availability" of any particular showtime, movie theater, or movie. It doesn't promise not to change the terms of the deal, either - as it did multiple times last year, crashing its business, and crashing Helios' $5,100 stock to a share price of just $0.01. MoviePass does not specifically promise that it will pay for subscribers to see one movie a day, every day of the month. at theaters everywhere." There do seem to be some caveats worth pointing out, however. MoviePass clarifies that "seeing it all" encompasses being able to see "any 2D movie available in the app.
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