The YouTuber strongly advises avoiding Newsmax due to its dire financial situation, including significant operating losses, substantial settlement liabilities, and more current liabilities than current assets. He believes the company is at high risk of bankruptcy and that its recent IPO was primarily to cover these debts, making it a 'dumpster fire' despite its initial stock surge.
“this thing looks like an absolute dumpster fire and like a stock that I would avoid like the freaking plague” — ▶ 10:40