RE:Let's Play Devil's Advocates....With any stock there would always be a risk of equity markets crashing, as you have noted.
Further, there would perhaps be regulatory risk, say if a lineup of states suddenly decided that sports betting was truly evil and they wanted no part of it.
Third, sight unseen, I suppose there is always a risk that you haven’t built the best mousetrap. We are all SCR bulls because we like their app but to be fair we havent actually experienced the betting app. Maybe it sucks. I’ll bet not (pardon the pun) but it is a risk.
Barriers to entry could always become more of a risk. At present it is a strength of SCR, as not anyone can get access to the markets they have lined up, but its always possible that higher gates are raised. Someone mentioned at one point about how Pennsylvania wasnt included in the Penn Gaming agreement. (For example, at one point a ways back my research revealed that Pennsylvania was demanding an extortionary upfront fee for players to enter. So perhaps thats connected to SCR not getting there yet. Perhaps a chunk of the 40 mill will be put to that)
I could come up with more risks but would just be parroting the average safe harbour statement.
Finally, regarding the shorts. Well, shorts be shortin. Could care less, but of course, shorts always be postin to try to make the stock crash without any thoughtful discussion of their thesis etc. As Ive said, thats where i ignore. Its sad that they might scare some retail newbies away, but only sad for those newbies. Not sad for me, if i love a stock then i sometimes love the deals that shorts can shale out of the tree.
On a final note, your a$$holes should all be ashamed of yourself that you havent let freedom45 succeed on his little play to short to .70 at which point he turns on it and goes long. To think he could have just gone long when he was calling us all idiots and suckers at .49.