Fantasy Aces Daily Fantasy Sports Corp FASDF

Q3 results....Looking forward to Q4

[DD34]

Highlights for the third quarter

 

• Gross revenue of $454,689, a 170-per-cent increase over the third quarter of 2015;
• Prize payouts of $5,315,133, a 169-per-cent increase over the third quarter of 2015;
• Overlay remained consistent at 39 per cent of gross revenue;
• Game entries of 494,254, a 168-per-cent increase over the third quarter of 2015;
• Site marketing expense reduced 235 per cent for the same period;
• Operating gross margins continue to improve over past quarters.

 

Highlights for the second quarter

 

• Gross revenue of $514,984, a 280-per-cent increase over the second quarter of 2015;
• Prize payouts of $5,649,000, a 240-per-cent increase over the second quarter of 2015;
• Reduced overlay to 34 per cent of gross revenue;
• Game entries of 655,270, a 230-per-cent increase over the second quarter of 2015;
• Operating gross margins continue to increase when compared with the second quarter of 2015.

[TheYetti]

$1.00 here we come?

[Rock34]

$1??  come on man.  Your pumping isnt helping here.  .20 yes, $1...no time soon. Im still waiting to see some signs of life before I decide to jump in or not.  Lots of selling pressure, longs must be unhappy here or is it manipulation?  to be determined, to me this looks like a no brainer down here at these prices on the surface.

[yixter]

I agree Rock but often after news flippers get impatient and sell. My bet is volume will come in probably in the next 2-3 days and up we go. We bounced off resistance it's trading as it should I could see this easily a .20-.30 stock this year maybe more if revenues and growth are there. These prices are to low inmo we should be trading .10 plus inmo!!!

[Geckom24]

Well all you have to do is see the ridiculous decline in SP to realize that pretty much all longs are pissed off at this stock even the best supporters. I think that the company should be trading much higher by years end if good news continues but we have alot of pissed off longs that will be wanting to sell at a spike. We cleared out a good chunk yesterday on that run. I would say we would be

[Rock34]

Geckom,  thanks for your thoughts.  Would you agree that the mess here appears to be turning a corner?  The financing is complete, the roll back is done leaveing a small float, new players are being added and revenues are hitting all time highs based on my DD.  To me it looks like the disgruntled longs have a right to be unhappy, however anyone entering today is jumping into a

[SuperMoney]

Hey, Rock, I totally agree with you. Cheers.

[Smiles48]

Glad I got a chunk out yesterday, I will be buying back in when I see 0.045 on the ask.

[Geckom24]

Well in my opinion we have a better outlook after that corporate update than we did before. I would say that up until then things seemed to be extremely grim, but most concerning of all was that most SH had know idea what the plan was or if there even was a plan. I would say this uncertainty caused frustration and made it easy to slowly beat the SP into the ground. Like I said in my previous point

[Geckom24]

no* idea  ahahah (sometimes I can spell correctly, but I'd rather be good at picking winners!) GECK

[Smiles48]

You are right the important thing here is Q4 results, So until then, it will drop back to 0.045 or 0.04. This is not a trading advice, but I'm selling on every news until Q4 and buying back at 0.045.

[yixter]

U are sure trying to get filled at .045 I wouldn't bet on that!!

[DD34]

Gates will bring some serious money into the company soon.  Shouldnt have to wait long for nice buying on the open market.  Might get your fill at .045 with impatient traders who jumped in yesterday like Yetti however.

[SuperMoney]

Good points. About 2 million shares changed hands since yesterday between 0.045-0.06. The cheapest shares at 0.05-0.055 could disappear any moment. And then another large trading could be triggered. Just watch out. Please be noted this is NOT a trade advice. Do your own d.d.