RE:RE:RE:RE:RE:RE:RE:RE:RE:Consolidation Hahaha well Mr. H i havent worked with him but have studied him so much I only think i know him. I study dozens of small cap stocks at any given time and almost invariably refrain from investing in them. By the time I promote a thesis on a stock I typically know everything about it and the players involved. (Even still, I’m not always right) I cant believe that people will repeatedly invest in small cap stocks where they havent seen the players running them in action, looked into their eyes, so to speak. Luckily, there is enough out there on Levy to get a feel for who he is and what drives him.
Ive said it before and will say it again. This stock is early days weed, but better. Thats not to say that i can promise it will catch lightening in a bottle like the weed sector did, i just cant find clear reasons as to why it wont. There are several apt and even lazy comparibles but sports betting in the long run will cost less to operate with easier profits. Weed famously grows almost anywhere, and in most places a lot better than a billion dollar greenhouse battling Canadian weather. Sports betting legalization will continue to roll out gradually, which is perfect for SCR. A federal legalization in the US would have left SCR way behind.
So how can SCR catch a wave like weed stocks did? Well, speculation of course, and speculation takes people and attention, and wallets. IMO deals like Stars and DraftKings is just the start of same sector noise that will pull eyes in. An unscientific metric of early days here is that over on Stocktwits ACB has 25,000 followers and WEED 23,000. SCR? 115. You read that right. 115.