Post by
RickandMorty on Apr 12, 2021 1:49pm
Pressure?
I'm reading many posts with opinions that FDM is under great pressure to do something big in the next few weeks. I have a different opinion. They had laid out a very detailed plan for Q1 - Q4 which included targets for launches of specific components/programs which were part of the overall long term product. We have only just finished Q1. I haven't seen them miss any of these specific goals or targets yet. There has also been much talk about the "cheap paper" but I feel this will be, or much has already been absorbed. The 5M private placement investors in my mind are also a big factor in keeping the share price positive as well as enabling the company to complete and market its product.
If we are using sports analogies I would not be thinking in terms of the next few weeks are the bottom of the 9th or OT in game 7. I would be thinking more that this is a franchise that was absoutely miserable for decades, finally cleaned house and got rid of a bad owner, horrible coaches, terrible farm system, useless scouts, and started again from scratch. New owner, new management, new personnel everywhere in the system, built a brand new stadium, changed the entire philosophy and goals of the team, and have just completed their first season building everything up from ground level. Now entering the second season, the rewards will come, with Q4 at the end of this year being game 7 ot OT or extra innings 2 out.
Comment by
praesens1 on Apr 12, 2021 1:54pm
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Comment by
whateveryousay on Apr 12, 2021 3:56pm
Lets hope your analysis pans out there is no doubt Esports is huge FDM has one more chance to get it right.I made good money on this 4 years ago and bought back in with the mangement change who seem to have a very concise plan.