GREY:IPRSF - Post by User
Post by
FastFFon Nov 07, 2015 3:57pm
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Post# 24270153
Very expensive financing
Very expensive financing
If you look at history you'll see that companies who pile on debt to grow by acquisition almost always blow up; plus when you add up all the costs and fees this is not cheap money. Yes, social gaming is a hot space, although there's hundreds trying to be the next winner, so investors here would be wiser to sit on the sidelines and wait until they digest and show some ORGANIC growth (not to mention actual, not preforma, profits).
To early to tell, in spite of what the pumpers will say. For sure, more financings coming, so the stock won't get away.