RE:RE:RE:Almost 2 months
woundedknee wrote: My wry response was not an insult to your post, but to point out that this launch couldn't have come at a worse time in market history. We've had the worst start to a year in decades and with people living from pay cheque to pay cheque does anyone really think their first priority is to spend money on games. And on top of that the crpto market, which also includes NFTs, is in steep decline. People, even young people, need to eat before they play games. And of course, these inflationary conditions don't do RealBlocks any favors or add to its value.
Finally, there's a couple of us here wondering why the CEO isn't taking advantage of these "low" share prices and buying more. Being in Ukraine is not an excuse imo. I doubt we will hear anything on Arkade in the near future. It's not in this management's DNA. All jmo & gl to "us longs"
The CEO bought at $1.60. So if he bought down here that would change everything ? Only reason sp is going to move is when there is a catalyst . ie. Revenue coming in or K2 sells its stake Realblocks . Gaming is growing at an exponential rate is pretty adverse to market or economic downturns. Remember Arkade is not selling or buying games themselves but takes a fee for the transaction itself.
Again the kiting of shares continues with NB and company. If you hit the large ask , they just trade around you and you won't get filled but they will buy your shares no problem if you want to sell.
Again we wait for update and overall collapse of market does not help a small unknown company .
WK have you tried emailing management ? They are usually pretty responsive .
MS