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Amaya Inc. T.TSGI


Primary Symbol: AYA

The Stars Group Inc is an online and mobile gaming company with poker, gaming, and betting product offerings. These products are offered both, directly and indirectly, under-owned or licensed gaming brands, and the company also owns several live poker tour and events brands. The firm's primary sources of revenue are its online gaming businesses. The company has three segments based on geography: International, United Kingdom, and Australia. Stars Group generates the majority of its revenue...


NDAQ:AYA - Post by User

Comment by yaymakemoneyon Aug 14, 2018 4:06pm
119 Views
Post# 28459648

RE:Bought more!

RE:Bought more!I can point out over a dozen stocks that I follow that did a secondary and the stock is down more than 50% from where the secondary investors bought in. That price means nothing today, and I can assure you that the people who invested in the secondary are not happy with today's price.

It would have been "on sale" if the guidance had remained the same, but it fell along with the rest of the markets due to macro sentiment. It fell specifically because of management's idiocy in pumping the numbers prematurely.

This could be a $10 billion or $15 billion company down the line, but I've been burned too many times by careless management to wait to find out what happens. 

I've seen management issue themselves new options whenever their incentive package is underwater - they are typically disconnected from the heartache normal shareholders like us go through.
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