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Opinions Jerome Hass
Spin Master CorpTOY.TOBUYDec 29, 2016
Jerome HassStock price when the opinion was issued
As of Jun 17, 2026. Market Open.
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Big pullback, then a double bottom, sideways trading, then stock broke out. Negative news today, but it's still holding in sideways trading channel. As long as we don't break below recent lows in the range, chart shows higher highs and higher lows, an uptrend. Now in sideways consolidation, a "pennant" in technical terms, which typically results in a continuation of the move. Add on weakness, limit exposure near the recent lows.
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One of their problems was that the Hatchamils weren’t hatching, and also some of them had a pottee mouth. This is a very slow news time of the year, so a story like this got a lot of press. This was trading down about 13% as a result of the story. In the long run, it is probably a benefit to the company, because a lot of people who didn’t know these were produced by this company, now know that it is a Canadian company. Thinks there was an overreaction by consumers and the market. He was Buying shares today. Expects that one day this will get taken out, but in the meantime, there are a couple of good years ahead of you.