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Real Luck Group Ltd V.LUCK.H

Alternate Symbol(s):  LUKEF

Real Luck Group Ltd. is a Canada-based esports betting company that offers legal, real-money betting, live streams, and statistics on 14 esports on desktop and mobile devices. It provides a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the Company offers a range of betting options for esports tournaments. Its in-house customized user interface and user experience is built on a technology stack that supports multiple odds and streaming sources that allows the Company to deliver deep esports betting coverage. The Company's wholly owned subsidiaries includes Real Time Games Holding Limited, Real Time Games Services Limited, Real Time Games Developments Limited, Esports Limited, Esports Tech Limited, and Real Luck Group Holdings Ltd. It serves customers in more than 80 territories across the globe.


TSXV:LUCK.H - Post by User

Comment by blackgold14on Feb 17, 2021 1:26pm
190 Views
Post# 32585943

RE:RE:Going Up Fast But Risky

RE:RE:Going Up Fast But RiskyYou can only ride hype so long before a company needs to produce the numbers.  The current hype in esports stocks won't last long-term.  It reminds me of the hype in weed stocks which was great for awhile and then companies crashed and burned when they couldn't produce the revenues and more importantly the earnings.  After the hype regarding legalization, the stock prices of most weed stocks declined by over 75%, some as high as 90%.  Most of the Canadian investing public lost their shirts bigtime.  Don't get me wrong.  The hype regarding esports stocks like LUCK will probably continue for awhile just like the weed stocks and then the day of reckoning will come when these public companies will need to produce earnings.  Good luck to all.  
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