Not a Big Fan: $1.78 Target (Curve is Steep w/ ADR)

GNUS is one of those stocks that I didn't like from the beginning given the overly speculative investing and what seems to be somewhat of a pump activity going on. Regardless, funds have been overly bullish on this over and over, not paying attention to key patterns. Right now, I expect a continuation of the bearishness, and this should even go down at least to $1.78. At that point maybe some hope the price starts being neutral. As always, everything I say is on an opinion based basis. Please do your own due diligence and invest at your own risk. This isn't meant to be taken as actionable financial advice.