Playboy: Long hotties & hedonism as we head in to summerPlayboy stock has been sinking for a while. That said the stock has been coiling in the $2 area for a month. I think if it can break through about $2.20 the stock can pop quick to over 3 dollas. If it falls under $1.50 I'll bug out of the trade. It is a small position
Playboy
$PLBY - It's cooked enoughOver 6 months, since certain people have talked about PLBY being some kind of amazing play or whatever. I have a rule that if someone's telling people a stock is amazing, that stock won't do well in the short term as MMs and others need the stock to go down and stay down long enough for people's options to expire worthless and for short term stock holding maniacs to get bored.
According to muh data, it seems that the stock has reached point where both points i mentioned above have been reached.
The signal on my data shows something having started on the 18th. According to my strat's "investing" horizon, the buy should have happened last week in the 18th of Dec and will end on the 7th or 18th of January.
Have fun if you wanna try it. I am in for a tiny amount as a real life test of my strat.
Is $PLBY Playboy doomed or just Oversold at 0.50 book value?Is playboy a bargain or is it headed to liquidity troubles? I dont know but Im curious.
Apparently they own Honey Birdette, a high end lingerie chain with over 50 stores. They do a lot of branding royalty deals. They also have a new app called Centerfold that seems to compete with only fans but with playboys twist. Last earnings calls, Playboy shared that in their soft launch of Centerfold, they already have contributors making 100k a month and more making 10k a month. Halloween is expected to be good this year as we are still in a re-opening process.
On the other hand, they do have a lot of expenses and limited resources. They've spent a lot on the development of Centerfold. Inventory supply issues have been inconvenient last year. Also they have high double digit exposure to china, which can be a bit hurt or help depending on their deals for next year.
I will keep watching it. Either way, it will be an interesting story.
Party with Cardi at the Mansion!Looks like the new Hef got breast! So thats some good news for the ladies right? And Im sure the fellas cant wait for the "centerfold" lol.... Right now we have a triangle forming and we are looking to get a little tighter before the breakout. When its ready Im thinking 47 to 50 should be our target.
Trader Vic says go long $PLBYGreat book by Victor Sperandeo "Trader Vic - Methods of a wall street master" , specifically the section on drawing correct trendlines.
I see a lot of traders (including some times myself) drawing wrong trendlines especially if they are bias to long or short.
Per Trader Vic - For a downtrend within the period of consideration, draw a line from the highest high point to the lowest minor high point PRECEDING the lowest low so that the line does not pass through prices in between the two high points (i.e. blue line).
Simpler said : Draw the line from the highest high to the highest high that precedes the lowest low, so that all price action is below.
Once this trend line is broken , to confirm the uptrend, we want to see higher highs and lower lows AND "Prices go above the minor high point (i.e. the orange line)
TLDR:
$PLBY no longer appears to be in a down trend and has pivoted now to the start of an uptrend.
👯TABOO🐰 - the PlayBoy of CryptoTaboo has corrected so time to share with you, now that we have a chart here.
I can tell you one thing from personal experience: The team running Taboo is a huge asset. Their community has grown nicely and they are attentive and great at marketing but also at delivering.
Taboo aims to become the Playboy of blockchain. They fill in gaps where industry giants have yet to establish themselves, by embracing decentralization, to provide innovative solutions to adult industry problems.
Taboo, the adult NFT & Streaming media project, specializing in highly exclusive content is all set to launch its much awaited marketplace. This will allow the Taboo Token holders to buy, sell, trade NFTs and stake their Taboo Tokens. To encourage user interaction and participation, Taboo is also launching $1 Million dollars worth of NFTs, as the flagship product offering, on the platform.
There will be celebrity, ex-playboy models, and other styled collections. Taboo is helping bridge the gap from existing powerhouse brands by using its token for payment. Their platform is built as a user-friendly introduction to what Blockchain can do, for adult content creators, and how decentralization of platform and payment can benefit them.
RUMORS or FACTS?:
Certain celebrities (some topless) of people like Britney Spears, Amanda Cerny, and Lindsay Lohan.
Exclusive, the best to come from Playboy, models like, Khloe Terae, 3x international playmate of the year and the official designated brand ambassador
Additionally, also included are project partners Holly Barker, Cj Sparxx, Bri Tiesi , and Jeni Summers.
There will even be some unannounced models like: Jacqueline Zwetburg, Colin Shannon, Jess Hinton will be included.
This is only a taste of what is to come.
Let's Go Taboo!
the FXPROFESSOR
Playboy PLBY is a Multi-BaggerThis 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 management will have an opportunity to pivot the company towards a global sex, health, and media market that has a size of something like 300 billion. Still great upside from here, I am long the stock from $40 and am buying every dip.
Go long scantily clad women and NFT's! PLBY all day!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 should act as support going forward.
Go long and strong! Even in the darkest of times, Playboy sales maintained because people need their entertainment just like they need their booze to wash the sorrows away. It gives you sin exposure that is recession-resistant and has great growth prospects.