Strong earnings just released for this small stock 📈

Already fueling pre-market gains                                                                                                                                                                                                                                                                                                                                                                                                                 April 09, 2024 | [Read Online]( Strong earnings just released for this small stock 📈 Already fueling pre-market gains *Promoted by Lifewater Media Join hundreds of us for LIVE TRADING action all day long in the [Market Master’s trading room](. Talk about today’s focus stock, plus dozens of other breaking stocks that are moving during the day. Today, I want you to start by looking at what I think will be one of the strongest stocks in the market. Pull up Kartoon Studios (TOON) on your platform right away. I have brought this stock to your attention several times over the last year, and it has produced many very strong moves. There are two key things you need to focus on for this stock right now. First of all, just moments ago, TOON [released]( what I think was their strongest earnings report – EVER! When you look at the numbers this company is putting up right now, I don’t think there is any argument they are not just turning the corner. Rather, they are charging full steam ahead. If you recall, 2023 was a challenging year for everyone in TV production. The writer’s strike put the entire industry on hold for several months. With that all behind them, TOON just said that their Mainframe Studios’ production arm is now projected to generate more than $40 million in revenue. On top of that, TOON reported revenue of $8.8 million and $44.1 million, for the quarter and year ended December 31, 2023, respectively. As of December 31, 2023, the Company had current assets of $57.1 million, working capital of $11.5 million, and total stockholders’ equity of $53.3 million. These are incredible numbers when you consider this stock trades for just a little over a dollar! Next, I want you to look at this great stock chart setup. Just a few weeks ago, TOON made a blistering 50%+ move after it re-established trading above the 20-hour level and fired off a big hourly “GO” signal, as you can see below. Well, after a retracement period, TOON is now setting back up with what I count to be FIVE “GO” signals, which have led to a reversal higher over the last couple of days. If this move is even remotely close to what we just saw a few weeks ago, this could be explosive, especially when you couple it with the news that literally came out moments ago. I don’t think the entire market has had the time to fully digest this news, and word about it will likely be spreading throughout the next few hours. I think right now is crucial for you to get TOON up on your screen and start to look at it immediately. The last time I wrote to you about TOON, the company [had just announced]( it achieved “record revenue” and “break-even EBITDA in the fourth quarter” thanks to a 19% increase in subscribers to its flagship Kartoon Channel from 2022 to 2023. That was at a time when many streaming services were losing subscribers. On top of that, free trials — which are a big indicator of future subscribers — had more than doubled in Q4 2023 compared to the same period in 2022. The cherry on top was a reduction in customer acquisition costs of 50% from the first half of 2023 to the second half. The news was tremendous, and coupled with the “Gamma Trigger” I spotted, it sent the stock soaring nearly 40% in a day, if you recall when I discussed it with you then? For some background, TOON is a global children’s media company. It develops, produces, markets, and licenses kid’s shows with an A-List talent roster that includes heavyweights like Arnold Schwarzenegger, Shaquille O’Neal, and the Stan Lee brand. The company debuted its Kartoon Channel streaming service in June 2020, and it’s now available on iOS, Android Mobile, Web, Amazon Prime Video, Apple TV, Amazon Fire, Roku, Pluto TV, Comcast, Cox, Dish, Sling TV, Android TV, Tubi, Xumo, Samsung and LG Smart TVs. In the Apple and Google/Android app stores, Kartoon Channel outperforms major competitors, including Disney+, Nickelodeon, and even Netflix. You can get a sense of the channel’s roster on its website [here](. TOON also has a strategic investment in Your Family Entertainment (YFE), the premiere German children’s entertainment company. This massive channel system has now been rebranded as Kartoon Channel! Worldwide, which is now available in more than 60 countries across Europe, Asia, the Middle East, Africa, and Latin America. On top of that, TOON now owns [Frederator Studios]( — the largest animation platform on YouTube — which now boasts more than 3,000 creators and generates over one billion views per month. The company’s plan is to take top-performing YouTube shows and migrate them to Kartoon Channel. It’s a way of “crowd-sourcing” shows that have proven popularity… very smart! Behind all of this is the company’s Emmy Award-winning CEO Andy Heyward, who launched his career helping develop and write classic shows such as Scooby Doo, Flintstones, Jetsons, Smurfs, Yogi Bear and Scooby’s All Star Laff-A-Lympics. The [company’s website]( says that he has “made more episodes of kid’s television than any other producer.” He co-created Inspector Gadget in 1982, and since then has “produced over 5,000 episodes of award-winning children’s programs,” including The Real Ghostbusters, Alvin and the Chipmunks, G.I. Joe, Hello Kitty, Sonic the Hedgehog, Super Mario Bros, Sabrina the Teenage Witch, Strawberry Shortcake, Care Bears, Captain Planet, Teddy Ruxpin, Sailor Moon, Madeline, Where on Earth is Carmen Sandiego, Liberty's Kids, and many more. Clearly, the man knows a thing or two about children's entertainment! Spend time right now doing your own research on the stock, and of course, always approach your trading in a responsible manner. Trading is very risky and nothing is ever guaranteed, so never trade with more than you can afford to lose, and always have a well-thought-out game plan that takes your personal risk tolerance into consideration. Bottom line: With blockbuster earnings that just came out moments ago, coupled with a fantastic looking stock chart, I think TOON will be hitting on all cylinders today. Make sure TOON is top of your list to watch today! To Your Success, 👊 Make sure you are getting my mobile text alerts –  text “RAGE” to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the “1” at the front!). Don’t miss out! *Sponsored content/paid advertisement. This investment involves substantial risk. Please read our full disclosure below, or [click here](, for a detailed discussion of risks and atypical results. Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull  [tw]( Update your email preferences or unsubscribe [here]( © 2024 Bullseye Trades 62 Calef Hwy. #233 Lee, NH 03861, United States of America