FOCUS ENTERTAINMENT STOCK! CRASH, Risk of Running Out of Cash? Bankruptcy Possible?
5$ALFOC or #FocusEntertainment stocks experienced two terrible days. Actually, we saw a real crash and the stock stands at the moment at around 12,20 EUR.
In this video I am going to discuss the latest news, a surprising acquistion, but also the problem with its postponements of games like Warhammer Space Marine 2, Banishers and that the debt is way higher than the market cap.
Also, what is the risk of bankruptcy, the risk running out of cash?
(NO FINANCIAL ADVICE; INVESTED IN ALFOC)
INVESTED IN STOCKS IN THE VIDEO.
Disclaimer: I am invested for the long-term in the following gaming companies and other companies I mention regularly in my videos. Also read the disclaimer down below. This is no financial advice. This is for information, entertainment or educational purposes only. Investing involves high risk and most probably you will lose your money:
Unity Software - Take-Two - Embracer Group - Bigben Interactive - Corsair - Ultimate Games - Focus Entertainment - Activision Blizzard - Ubisoft - Intel - Tencent - Microsoft - Bloober Team - Playway - Starward Industries - Starbreeze, Digital Bros, Square Enix, Team17, CD Projekt Red, Nacon, Bandai Namco, ENAD, Playtika, Nexon, Paradox Interactive, DontNod Entertainment, Frontier Development, Thunderful Group, CI Games, SNAIL and Bitcoin, Ethereum, Cardano, Matic, Tezos, Dogecoin, Solana
Tools & Links:
Beautiful Market Overview is from Finviz.com (https://finviz.com)
Great Gaming Industry Website: https://www.gamesindustry.biz
Charts from Tradingview.com
Charts from google finance, investing.com
https://www.gamesindustry.biz
You find my previous stock market videos under my old channel:
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DISCLAIMER + PLEASE READ +: I am not a financial adviser. These videos are for entertainment, information and educational purposes only. Investing of any kind involves high risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research before you buy any stocks. I am merely sharing my opinion with no guarantee of gains or losses on investments. There is a high risk that you will lose all your money in stocks. DO NOT BUY ANY STOCKS YOU SEE IN ANY YOUTUBE VIDEOS.