BLAH.... This growth story remains a "HOLD"Its continues to be a LONGER TERM BUY AND "HOLD" Position.
Really didnt hear or see anything exciting in the earnings or on the call...
As Levy Said "we just gave birth. Havent even scratched the surface... Still in our diapers"
Indiana wont be til 3rd or 4th quarter it appears....
Canada mentioned something briefly- wish some one on call would have asked for more in depth knowledge of where they are at in talks and how score management/levy are lobbying for this.
Egaming for now seem's to be a non factor as Levy is more interested in the longer term "6-7 figure deals" for integrated ad sponsorship contracts rather than click rate from youtube. Sounds like based on the engagement and social media numbers they are getting close to securing some clients on a much more substantial agreement/contract that will positively impact our bottom line.
ALL IN ALL... EXPECT STOCK PRICE TO REMAIN RELATIVELY FLAT UNTIL OR UNLESS A MORE POSITIVE CATALYST REVEILS ITSELF....
Although some longs will think numbers were garbage, I believe the drop in stock price from $0.87 to $0.82 reflected some 'in the know' participants and relatively trading at fair evaluation.
I dont really see us dumping tomorrow but also dont see it doing any rally to new highs as it appeared we could have been when witnessing the stock price at $0.87 earlier in the day today.