Perspective is Key...Going back on the chart beyond the small cap disaster of last summer and the debacle that was DraftKings and FanDuel can give you a little perspective of where this stock comes from.
On January 2014 the stock was trading at 0.17. Given all the movement in the last 2.5 years the stock is still up 65% given todays close. Cleary many people have a cost base above todays close but the market doesn’t care what you paid for a stock.
I believe John Levy is one of the great businessman in Canada, the thing the gives me confidence is that he puts he money where his mouth is and he has been buying all the way down in the share price.
The fundamentals continue to improve with every quarter and the underlying value continues to grow, all this stock needs is a catalyst to shoot higher. I don’t see this company being a public company in a couple years, the underlying assets are too valuable. ESPN’s launch of their Esports division validates theScores strategic plan to go into the Eports world.
Looking for a Reason to get Longer.