RE:WAS TODAY THE BOTTOM ?!?! (Longs? Monopoly? MRH? Thoughts!)papi instead of telling me Im part of the problem, give me some actual facts/figures or industry analysis, or factors WHY anyone here should be BUYING or even why they shouldnt be selling?!?!
For Example:
Score has dramatically increased their operating costs, and although we grew at a phenominal pace as score was hiring 30-40 new employers to meet the growth we achieving, their current staff aka wages could prove to be a huge liability at this time.
ANY ONE KNOW IF SCORE HAS RECENTLY LAID OFF A NUMBER OF ITS STAFF?!?
I bring up the above cause NOBODY else has and its one liability that could seriously hurt our cashflow operations if this virus lingers longer than any of us want.
Now the above being said, I too like others believe we are BETTER POSITIONED than draft kings or fandual and the big guys we are trying to compete with.
With all of our content we should be able to keep our viewers engaged greater than any of the other bookies which could become a major saving grace ....
I DO LOVE THIS STOCK AND PLAN ON HAVING A SIGNIFICANT CHUNK OF IT IN MY INVESTMENT/TRADING PORTFOLIOS... I just currently dont see this or 99.9% of publicly trading companies for that matter worth holding at this moment.
For the time being, CASH IS KING.... and I dont want to make the same mistake I made during the financial crisis of 2008/09 and go betting the farm on this company too early to see the stock price decay even greater.
We could see Score stock price sitting in the range of $0.35 - $0.45 for several months to come... if so, why sit on this stock at the moment when there are a million other opportunities to flip and come back here in a few months with the ability to buy triple or quadruple the amount of shares after this CV-19 BS blows over.