Helios And Matheson Analytics (HMNY) Stock: Should You Buy The Dip


Helios and Matheson Analytics Inc (NASDAQ: HMNY) is having a rough day in the market today. However, with recent news surrounding the company being overwhelmingly positive, many are asking if now is the time to buy the dip. Today, we’ll talk about the recent news surrounding the stock, what we’re seeing from HMNY today, and what we’ll be watching for ahead.

HMNY Has Released Some Great News Recently

Recently, Helios and Matheson Analytics has received quite a bit of mainstream coverage, leading to the occasional spike in the value of the stock. About a month ago, we saw one of these spikes when HMNY announced that MoviePass had surpassed its 1 millionth subscriber!

Less than 30 days later, the stock spiked yet again as news broke that the company had grown to more than 1.5 million subscribers.

A couple of days later, more news broke. In an interview, the CEO of HMNY and the CEO of MoviePass were featured in an interview where they mentioned that not only will they consider getting into the blockchain space, but they have been considering it for more than a year now.

The Value Proposition Surrounding Helios And Matheson Analytics

At the end of the day, the big debate surrounding Helios and Matheson Analytics has to do with their value proposition. The idea here is that MoviePass is going to send the company to the top. However, there are some inherent issues here. MoviePass costs subscribers just $9.95 per month and gives them the ability to go to the movie theater whenever they’d like. The problem is that MoviePass is paying the full cost of a movie ticket every time subscribers use their passes.

Nonetheless, while the nay sayers have pointed a finger at the idea that MoviePass could generate a large loss if subscribers use it too much, HMNY argues that they are not seeing the true value here. The true value of MoviePass according to the company is the value of marketing and data. Ultimately, the bulls argue that HMNY and MoviePass could revive the entire film industry. In fact, leading figures seem to be getting on board as they see true value in what MoviePass is doing.

What We’re Seeing From The Stock Today

While Helios and Matheson Analytics has released quite a bit of news as of late, and it has all been positive, the stock seems to be taking a bit of a break today. Unfortunately, it is trading downward. As is just about always the case, our partners at Trade Ideas were the first to alert us to the fall. Currently (1:02), HMNY is trading at $7.33 per share after a loss of $0.31 per share or 4.11% thus far today.

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What We’ll Be Watching For Ahead

Moving forward, the CNA Finance team will continue to keep a close eye on HMNY. In particular, we’re interested in following the story surrounding MoviePass and following the progress on turning the data acquired into profit through the service. Nonetheless, we’ll continue to follow the story closely and bring the news to you as it breaks!

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