Plenty of recent IPOs have been hot garbage (like KLAR), but one which is particularly crummy is NewsMax (NMAX), the radical right wing, umm, news network.
This company is DESPERATELY thirsty for people to buy their stock, so their Twitter feed and website keep mentioning, again and again, you might just want to think about picking up some of that sweet NMAX stock since it’s listed and all.
Of course, their Twitter feed isn’t ONLY about their stock. They’ve got some other weird-ass stuff in there as well.
The weakness isn’t just because all media is in a free fall. Far from it. The New York Times (NYT), which President Jesus has described repeatedly as “failing” is, from this chartist’s perspective, doing nothing of the sort.
As we all know, though, there are many kinds of media made for many kinds of minds, and there will always be an audience for those stupid or misled enough to hunger for their version of facts as opposed to the truth itself.
