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NorthStar Gaming Holdings Inc. NSBBF


Primary Symbol: V.BET

NorthStar proudly owns and operates NorthStar Bets, a made-in-Ontario casino and sportsbook gaming platform that provides players with a uniquely local, premier user experience. The NorthStar Bets sportsbook provides real-time news, stats, analysis and scores directly in the betting environment along with the most popular online casino games.


TSXV:BET - Post by User

Comment by ScarletSpideron May 16, 2024 10:53am
19 Views
Post# 36043388

RE:RE:RE:There Is Something Clearly Wrong Here

RE:RE:RE:There Is Something Clearly Wrong Herea2bman thanks for the post.

Generally, I am not huge on cross trades because the ones i have mostly been seeing and had stocks with systematically destroyed the share value. In one company there was tons of shorting nxo and it looks like those who killed the share value may have been right about that one at least based on the philosophy that shorting is there to keep companies like "nxo" who have nothing. Sadly they have had nothing commercially speaking for 5 plus years in terms of revenue. It took me quite some time to wash my hands of them and take my massive hit. 

I am not a huge fan of "anonymous" and then seeing others buy. I asked my extended family friend can insiders who are supposed to file their transaction trade through other accounts meaning manipulate shares up and down. He said they can be trust people are not doing that. I have seen it all and everyone and their damn dog manipulates for their own purposes.

Some legal forms of more stable share pricing are as i said share buy back and having paid market makers to control the flow and create volume. They will tend to create more "orderly" trading where the range doesnt tend to go crazy and decide the prices that seem fitting but when a company does this get a paid market maker for this purpose that needs to be press released.

No matter the situation there is something way off here that is for sure and i am not liking it and havent since this has constantly failed to get above .10 where we have mathematically calculated where it minimally should be. 

As far as evil and others all i can say to anyone who tries to convince me this is "loser" stock not worth where i am saying it should be is uh uh i keep seeing more and more companies which either dont deserve to be trading as high as they are or conversely this trading as low as it is. There is and has been huge manipulations suppressing the fair market value and everyone knows it especially those pushing the share value. If we are talking revenue basis and outstanding number of shares this company with 22.5 million in gross gaming revenue full 2023 trading at .06 i dont care about today being .065 on 1000 shares so far and maxq 0 revenue 400 million os trading and holding .08 to .085 something is grossly wrong!!! Thats not to say i am not happy for maxq as i have a small amounts in it after shedding part of the near 10 percent here. Btcw i also bought someone(s) are butchering the shares there too i had said it is laughable that they were trading .18 and us with comparable and possibly better financials in way of revenue is trading not even close they dropped to no worse than .095 and that too despite solid next financials and portal development which is quite promising in their quest to have non custodial crypto. Yesterday they made it to .12 opened at .12 but someone(s) seem intent to keep that down. There were constant .095 low balling bids i bought in at that i am grateful because that too should actually trade closer to .18 so lots of manipulation down elsewhere but at least with btcw it is again correcting going up but this has not not only did it continue to fail to keep the proper price it failed to keep a stinky floor of .075 which it seem to be for awhile then fell to .06??? And now having problems getting to .065??? Which was what happened systematically relatively fast at .075 the shares struggled to keep it and fell to .06. I know you know where i am going with this...what now .05/.055???? Not good!!! We are trading a little better than Jackpot Digital and historically it doesnt generate much revenue and has yet to talk about cash flow positive. The last i checked it was around .06 we should be at least .05 or more above that again in light of revenue share structure and growth but we are trading near it gimme a break!!! Once again, i look across many stocks with similar share structure and pay attention to financials and this one again time and time and time again keep showing undervalued and grossly at that. 

In any case nobody will convince me that this is trading properly closer to fair market value thats one and two as i also keep going on about the explosive growth trajectory as i am fully confident the corresponding 2024 quarterlies will decisively beat all of their respective q2023 by that for each comparative quarter by no less than 1 million people call a few hundred 100s above a crush i am claiming no less than 1 million it is impossible for it not to that is how strong the growth is and i dont feel the numbers are too high to avoid making this claim which should then at the very least put the full 2024 at 26.5 million gross gaming vs 22.5 million but i said it should do at least 33 million to 45 million as a goal and at the very lowest beat it by 20 percent which would mean a low total of 4.5 million in line with what i said about 1 million beat per quarter and not even calculating it so 27 million. Absolutely no way i can see this less than that gross gaming 2024 but i do actually see over 30 million . Four the financing arrangement is as i stated underappreciated for the reasons i said gives stable amounts of money part of which is non dilutive through profit sharing which is huge...why profit share though??? So again what o suspect is going on here as i have also gone about. The company will and is in debt to key insiders so we know Playtech is the largest single holder ultimately they will take control one way or the other and the depressed share price is 100 percent because of this if not ot stands to reason that the shares would otherwise trade higher and again my going on about share support. Finally  no i am not concerned about this going belly up there is 0 reason for it with Playtechs hand o am convinced they are keepiing the shares down for all that i said and i mentioned that ok they have the right in a sense in that the bulk of money to grow is because of them  Northstar is using a lot of its software and expertise of board so really as i said Playtech has been controlling Northstar without having to go through the lengthier process of listing and is seamlessly in a turn key manner taking steps to take over an already listed publicly traded company having gone the rto way. Like i will reiterate i am not concerned about at least an 8 bagger minimum i just dont like the suppressed share value which i know should not be less than .15 to .20 but here it is. Because of feeling confident in what i said minimum .50 worst case scenario when everything is said and done i will hold what i have left and not likely add so i can more aggressively trade others and will decide what to do if thid gets stuck close to .50 or at .50 until then 0 movies just stong hold. The long term doesnt scare me the short term has annoyed me thats it. Yesterdsys post just dawned on me otherwise i have said as much as i need to and really to me this is all there is to it. We will make decent profit especially as i keep saying buying at garbage levels .10 or less for sure. Thats it nobody can dispute the horrible share value despite the why nor can they despute the explosive growth which will continue or should fear going under not while Playtech is involved and any other scaring thing the real question though is low .50 to $2 buyout or better really there is nothing else here and unless things change massively these are my very strong snd lasting remarks. Time will tell all things whether the CEO is in or out and under what circumstances like i said it does seem like this could be going like IBC but i may well be off although i wont be surprised if on the massively down share value he goes but if not i will not be surprised but happy he keeps his job and if i am wrong and i hope i am he may keep as CEO up to including completing the suuccessful takeover or he steps down mutually for another to keep growing the business which will be more favorable than a cheap buy out both i will be happy for the CEO and hope i am wrong which leaves the shares being killed for a cheap acquisition which either way favorablecor not for the CEzo that is most likely what it is.
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