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PLBY Group, Inc. (PLBY)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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6.28-0.12 (-1.87%)
At close: 04:00PM EDT
6.27 -0.01 (-0.16%)
After hours: 07:45PM EDT
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  • b
    blummie
    How many shares did PLBY buy back this quarter? Any thoughts? Could be positive if there is a couple million less shares.
  • J
    Jim
    So...how did it go??
  • J
    Jim
    It's not a question of if we hit a new 52-week low, but when we hit it.
    Investor, get the fingers ready to open the wallet - we were 80 cents away from the price you're chasing
  • R
    Richard
    Forgot to mention, the Preferred Shares, valued at 1,000.00 each, are superior to common shares. In other words, they get paid first.

    Hedge accordingly.
  • J
    Jim
    We're likely seeing $6.50 and I wouldn't be surprised to see this dance around $5 and change.
    My advice is to grab when you can under $7.
  • J
    Jim
    My hand was forced by WWE so I averaged down here considerably. After grabbing 200 at $7.10, I'm now sitting at a realistic $20.10
  • J
    Jim
    A couple weeks back I said we should anticipate $5.50 at some point. I stand by
  • i
    investor
    How low will it go realistically I don’t wanna buy in for a chance of as better buy point but I don’t wanna miss the wheels turning
    Bullish
  • J
    Jim
    See @investor? Unless you're going into day trading (pros and cons to that side) patience can be a virtue.
    We were almost back to $9 earlier today. Think we're at $8.50 by weekend?
  • R
    Richard
    By virtue of the repurchase agreement, you "investors" of common stock are going to be nothing more than bagholders. Management sold you out to:
    Drawbridge DSO Securities LLC
    c/o Fortress Investment Group LLC
    1345 Avenue of the Americas, 46th Floor
    New York, NY, 10105

    The $50 million financing for the "repurchase agreement" is cover for the management and friends to cash out prior to a bankruptcy, IMO. It's all there if you take the time to read the document:

    https://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=15824943&tabindex=2&type=html

    The $50 million, of which $25 million has already been doled out to the company, can be used for any purpose, as stated in the agreement. Should the company decide to buy back its own shares, they're likely doing it so that insiders can cash out at a higher price. Classic pump and dump.

    Too bad. Hugh Hefner is likely rolling over in his grave. This PLBY Group is a bad chapter in an American success story.

    BTW: exactly what did Ben Kohn mean by this statement in the press release:
    “This repurchase program reflects our confidence in our reimagined Playboy brand, transformed business model, and progress against our long-term growth objectives,”

    Progress "against" our long-term growth objectives? Who speaks like that other than a snake.

    Good luck, but I think this stock is going to 0.00.
    EDGAR Pro
    yahoo.brand.edgar-online.com
  • b
    blummie
    PLBY grew sales by 80% and turned a profit when it was supposed to lose money. Why did it get smoked to $7.50?
  • F
    Franc
    To that end, we spent approximately $2.6 million in the first quarter on Centerfold as we build the foundation of this platform for long-term growth. Net income in the first quarter was $5.5 million and adjusted EBITDA was $1.2 million.

    https://seekingalpha.com/article/4509819-plby-group-inc-plby-ceo-ben-kohn-on-q1-2022-results-earnings-call-transcript
    Bullish
  • J
    Jim
    Come join us Investor; the water is perfect
  • B
    Bruce of Windsor
    This executive management team for PLBY is horrible. There advertising efforts are subliminal... zippo.
    The product has a legacy of highend appeal. Yet, they celebrate the on-boarding of Cardi B as a spokesperson.... really! Give me a break!
    A more wellspoken, sexy starlet would be such a boost promotionally for PLBY .... pick up a HEF Style bunny or Victoria Secret model and the adverising would crush it.
    Message to management... Wake up!
  • J
    Jamie
    Man this bag is heaaavvyyy but just averaged down. In it for the long haul
    Bullish
  • A
    Adrian
    why is cashburn so much?
  • P
    Paul Welsh
    This might be a good entry point - currently below $8
    Bullish
  • i
    investor
    Super sad and frustrated missed a dollar climb cause I got to greedy waiting for it to fall few dimes
  • J
    Joe
    Hedge funds added big positions last quarter, Big buyback just announced, 18% short... Here we go...
  • B
    Brock
    Q1 Revenue Rose 63 Percent to $69.4 Million.
    Qtrly Earnings per Share $0.12.
    Q1 Earnings per Share View $-0.05, Revenue View $68.5 Million
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