Real Luck Group Ltd V.LUCK.H

RE:RE:Going Up Fast But Risky

[blackgold14]

You can only ride hype so long before a company needs to produce the numbers.  The current hype in esports stocks won't last long-term.  It reminds me of the hype in weed stocks which was great for awhile and then companies crashed and burned when they couldn't produce the revenues and more importantly the earnings.  After the hype regarding legalization, the stock prices of most weed stocks declined by over 75%, some as high as 90%.  Most of the Canadian investing public lost their shirts bigtime.  Don't get me wrong.  The hype regarding esports stocks like LUCK will probably continue for awhile just like the weed stocks and then the day of reckoning will come when these public companies will need to produce earnings.  Good luck to all.