GREY:FASDF - Post by User
Comment by
Floridas2000on May 07, 2016 1:03am
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Post# 24850247
RE:RE:RE:RE:RE:RE:Does anyone have a plausible reason or idea as.....
RE:RE:RE:RE:RE:RE:Does anyone have a plausible reason or idea as.....PrivateEquity1 wrote: Bottom line is that the company while growing is getting out maneuvered by the likes of Yahoo, CBS & Amaya. They are #3 to #5 with the rest being mom & pop sized which is fine for a private company but not for a public one.
heck FYS.C has done more for shareholders this week.
Smaller sites are struggling and the legal uncertainty makes this a high risk play. TBH best case is for this site to get bought out for a dime. The risk that it gets crushed out of existence in 12-18 months is too high in my opinion.
love to be proven wrong GLTA.
Comparing FAS to Yahoo, CBS and Amaya is comparing corner store to Walmart. Apples to oranges. Those three have access to way more people so they can generate more traffic. The fact that smaller sites are struggling means that if the industry continues to get smaller players will look at other sites including FAS. This is the time for FAS to take some risk so that they're in position to absorb more players. IF FAS does go down then the industry will be an oligopoly.
I know you like to bash this stock but try to be unbiased. Everyone who invests here knows the risk, we don't need you to tell it, but they're doing the right things to survive. They are increasing their user base and making strategic alliances to gain access to more users. What else do you want from a company that's trying to take on Goliaths. I like the underdogs and I'm hoping that it doesn't become a two player industry.
FYS started trading this week, you can't compare it to FAS. If FAS is a convenience store and FanDuel / DraftKing are Walmart then FYS is a lemonade stand. Bring that name up after a few quarters and they financial numbers to review.