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Bullboard - Stock Discussion Forum Fantasy Aces Daily Fantasy Sports Corp FASDF

Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.

GREY:FASDF - Post Discussion

Fantasy Aces Daily Fantasy Sports Corp > Insider knows what we don't
View:
Post by SuperMoney on Feb 26, 2016 3:06pm

Insider knows what we don't

FA Media, LLC just subscribed for $525,000, or 21,000,000 common shares at 0.025, of the initial tranche and as a result has become an insider of the Corporation, which means they are really committed and control the value of the stock. Insider knows what we don’t. If you sell now, you will lose. Otherwise, you will make profits. No brainer.     Cheers.           
Comment by rugulator1 on Feb 26, 2016 3:15pm
Basically its a wash trade.  I bet you the FA Media insider/owners held stock of FAS at higher prices , sold to buy the PP.    Smoke and Mirrors , new MGMT is necessary.  
Comment by Floridas2000 on Feb 26, 2016 4:12pm
Are you sure that's what happened or just assuming?
Comment by Floridas2000 on Feb 26, 2016 4:34pm
Not answering the question and giving me one star is kind of childish right?  I am trying to get facts so I can make an informed decision like we all are.  If you know that's what happened let us know how.
Comment by rugulator1 on Feb 27, 2016 1:41am
It just makes sense. Alot of stock was dumped over the last few months.  Ive seen this type of activity over the years in a variety of companies that were driven into the ground. Poor stock market strategies and weak financings cause stocks to do exactly what FAS has done...plummet. Not bashing FAS , read my posts from the beginning . All of them.  My assumptions have proven to be ...more  
Comment by lscfa on Feb 26, 2016 6:03pm
Total basher bs. If FA Media had previously held 21 million shares it would have had to report as an insider.....
Comment by lscfa on Feb 27, 2016 2:14am
p.s. The FA Media deal is basically a shares-for-services arrangement. I doubt any money is changing hands. FA gets 21 million shares for future marketing services to be rendered.....
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