Absolute Garbage This Ongoing Volatility in ExpectationOf rate cuts. This has been going on coming into this year with people expecting the rates to have been cut late last year. I was expecting it but knew given that the Bank of Canada and US were not doing it i said f'ck it while inevitable i knew that if there is signs of resilence in job growth whatever the rates will not be cut until a possible down cycle which i suspected that it would most likely be years end 2024 and had posted several times in the past dont expect cuts until winter September earliest. While the rates are slowing economic growth some thing or the other kept them up be it robust consumer spending or job growth in the US. I have been fully against having the rates increased during covid found it incredibly stupid to say the least and felt as in any recession if anything the rates should have been cut but there was always the stupid notion of soft landing. Assuming people mark the downturn 2022 mid thats when i recall the markets collapsing off a run up (happened massively in comic book extremely high prices getting nailed badly) to now and when the rates cut and the market actually turns which i am assuming will be around 2025 to 2026 that will mark 3.5 years of a downturn not called what it actually has been and continues to be recession regardless of those things that technically denies the term be it the robust spending mostly due to people being locked up during covid and keeping from going crazy or 150k to 300k jobs created that did 0 as far as i am concerned for food and housing prices which have soared stupidly and grocers taking advantage and constantly gouging people on prices and quantities that there have been press stating given since the virus was declared endemic the supply chain should not be still short and lingering this is criminal actually. Where i live there is 0 regards for housing control where even renting is stupidly high food prices as mentioned as well. For instance yves veggie patties 8 for 8 bucks no longer available 4 for 6 bucks this is inexcusable. Prior to the pandemic it was a buck or 2 cheaper yet now production cost still high!!!??? People will complain on minimum wage that has gone up from $12 or so pre pandemic where i live to now 15.75 i believe yet everything is costly where a bare liveable wage is 20. So the stupid bank has its heads up their backside where two key things housing and food people struggle with. On top of that gas prices and because of trying to fight climate change which i agree with the Canada carbon tax increases the per litre of gas prices with ours in BC lowermainland above 2 a litre from my knowledge about 46 cents is tax due to carbon taxes. There is no f'ing way tye rates shouls have ever gone up when cost of housing and food is up and with gas prices soaring grocers will point to the increase in that and minimum wage for the higher food prices and you get a vicious cycle. The rates cut this would not have happened. The justification for increasing rates was too hot of an economy due to seeing unprecedented growth post covid. What stupidity so what when we got hit these are "unprecedented times" and that the estimate for the world economy to return to precovid levels where we fell from is decades. So even if growth was white hot there would be way more supply even if costs went up and they soared badly by raising the interest rates, those prices would need to adjust due to healthy if not oversupply but what we have is excuses for lack of supply costs still rising fueled by higher labor and gas prices and people hurting you just simply dont raise rates in this whole mess of a situation. The bank of Canada and others will pat themselves on the backside we did a phenomenal job taking down inflation after 3 plus years but with everyone suffering on basic essentials of living why the f'ck didnt you cut rates get big businesses flush with cash to inject money which they are holding onto and whining about the 4 to 5 percent rates well you guys news flash the average person who struggles to get by gets in debt pays 20 plus on credit cards what are you guys whinning about and that too flush with cash??? In any case then the stupid Bank of Canada saying the end of cheap borrowing is here face the reality of 2 to 3 percent interest rates. Now that likely being the case people constantly whining about no rate cuts sending the market down everytime they expect when the assessment comes nearly every quarter? When time for decision comes no stocks get hammered recover grow and get hammered again??? Absolutely stupid and silly. Stocks that are growing regardless should theoretically trade reflective to growth so getting to this is the company growing or not here? 2023 March it first traded as to what i read. There appears to be fair size growth in the comparisons made in the financials with that the share value should be going and staying up!!! How is it this goes to .105 then flattens to .08??? Just based on all these stupid rate cut expectations. Well the rates were not cut there has been more wages made and growth in revenue which means rate cuts or not people are gambling and has been fairly steady at least in so far what this company is showing specific to its business. Now i never believed anything is "recession proof" anymore than i believe every company is profitable in bull economies or constantly losing or slow growth in bear economies but the way stock prices always seem to go is on an overall generalized basis and with the stupid expectations of rate cuts and not getting them despite companies growth the proper share values are pitchforked down that is the reality so great time to buy. I put this up because again no these are not less than .10 plus and i will go out on the limb and say i have enough faith that not only will the 2023 full year financials meet expectations but the first quarter 2024 will show further gains and be a decent margin. So i expect a more reflective possible .15 to .20 on the 2023 full year financials and when q1 2024 comes out possibly May June they will best q1 2023 and show further growth where i see a justfiable price over .20. No way these should remotely touch .08 and yet here it is with a threat to go stupidly down. All i can say is i cant wait for the financials to show exactlt what the company said and i see with it .15 to .20 no excuses anymore and no more people screwing around i bought cheapish so as i said if prices were where they should have been i would have likely had 10 k to 15k shares not 43,000 so a double edged sword even so time to be waiting for a proper share price is over no matter what i have said that i will wait the fair price should be now and if not end of April and then May June keep moving up with further growth but all this rate cut stupidity in terms this companys business does not appear to be affecting it. The company seems to have judiciously used continue to use the 10 million which was raised in its offering of the gambling platforms and there has been an impressive increase in growth. This isnt something where companies are raising capital for manufacturing or getting software out that is pre rev trying to gain money at launch and should not seen that way as such although with the ongoing development of software insights 2.0 the company is working out rough spots in the software and some growing pains with people using it. Bottom line i still see further growth before a bit of dips as i dont expect all linear growth there will be some weaker quarters it is impossible for there not to be somewhere down the line but i see a few more very strong quarters prior to that like i said out of four other stocks MGM Resorts Draft King Penn Entertainment and SGHC this has way more significant potential to grow than all the rest and this getting over .10 where it should have been really should not be akin to a penny hitting that ever coveated 1 buck milestone this is simply stupid that is how a lousy dime sp seems really rudiculous no way this is less than .15 plus i gave my reasons and when this destroys these garbage prices finally but i hope it starts to trade way better than it has been which is well a double edged sword in so far as i am concerned but where it really should be like i said garbage to where it is. Lets see where things go. I call all the world banks garbage in raising rates during a pandemic and garbage just the same during an endemic rates should have never gone up. In any case dont expect them until September i figure markets will head into tax loss hopefully the idiots in the US and Canada at the very least finally cut the rates i think China cut them 4 to 6 months ago but i do believe they already did but they will have to come down to 2 to 3 percent and will likely be the new rates. Like the Bank of Canada has warned to businesses dont expect 30 plus years of historical lows the like of a quarter percent ever again you will have to live with the new ones. I dont see rates less than 2 percent for quite some time one can never say ever. I think 3 will possibly fall but it will still take time so they will hit that range most likely i believe 2026 some point i definitely dont see it this year and hard pressed even in 2025 though possible...earliest 2026 is my guess. Everything again i am giving an opinion from a very lay person perspective. I was always against callunf this whatever people called it with a "soft landing" i fully agreed with those calling all of this a recession. Sure "robust spending" thats relative to people feeling cooped up due to the pabdemic given extra money in tax refunds and low wage earners etc cheques spent on whatever lot of people myself included blew it on leisure things like comics but we would say it helps with our mental health as for jobs 150k to 300k a quarter is nothing especially most likely low end/paying jobs where people struggle to make cost of living so eveb lets say they are full time so what? I think we need to assess things differently because times have changed and these measures are useless and out to date the real measure is cost of basic essentials like housing affordability and food. I fully disagree with the numbers on food where it is stated in average the increase as to what i thought i heard is only 12.5 percent ummm hard to believe when basic groceries in many cases are more than 50 percent up and at the very least 20...454 grams butter pre covid 3.99 now 6.99 milk was 4.38 or so now 5.78 ish 4 litres, spaghetti sauce 1.8 litres 3.69 now over 6.00!!! How are you telling me that there is only a 12.5 percent overall increase??? Housing 1 room 700 per month shared accomodation???!! Just absolutely stupid and unreal these politicians need to get their heads out of their backsides and really do something. Anyways very lucky i live at home but still costs are just ridiculous and no politician has done anything meaningful on it not even the left leaners like Justin Trudeau and worse still lives off the hog on all his junkets and high spendings that gets passed to tax payers conservatives are no better they all suck even Canadas most left NDP. People cant rely on government ever but they can clearly do lots of damage making stupid decisions like the Bank of Canada sure they are quite independant from those who elect them there even so their policies and decisions make a huge impact on the economy. Some may agree with their perspective some with mine. I will always say when you are in a recession even if it means increasing debt you spend your way out create jobs economy stablize it and then increase the rates but i know this was clearly seen by an archaic horse and buggy way as a non recession and we got what we have and still dealing with. It would have been better despite if the prices to things rose in an overheated economy vs what they have done in a near dead economy being stunted with high prices anyways and no money going in by those flush with cash whining about rates??!!! Again everyone else is always paying 20 plus percent that should get axed to no more than 10 but really 5 to 6 the business are killing everyone else and as i said screaming at 5 percent??? Gimme a break!!!