Thursday, June 1, 2023

Disappointment in Playboy Group (PLBY) but not giving up hope

 While the Playboy group drops to near $100m valuation we can't help but hold out hope for some type of  turnaround. With a brand name such as Playboy there has to be room for success. In all reality Playboy should consider selling to RCI Hospitality (RICK) which has a long list of strip clubs around the country under numerous different names. The benefit for RCI would be to rebrand every club as a Playboy Club and have instant name recognition. Along with RCI's attempts at an online platform and the strides that Playboy has already made. Although Playboy needs to recognize that not everyone is really "bunny" quality or "cover" worthy. 

Tesla's Doom

 Lots of talk in the business world these days about Musk "going back" to his companies, but for Tesla it's too little too lat...