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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 > Post Consolidation - 3-4 c
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Post by rugulator1 on Jun 18, 2016 12:35am

Post Consolidation - 3-4 c

Usually after a rollback the stock retraces to pre consolidation levels folks. So 2-2.5 c isnt unlikely. Sell now and and regroup in the coming months. 3-4c is a realistic re entry.
Comment by PrivateEquity1 on Jun 19, 2016 5:25pm
Yes, I was probably being kind.  Buying now at .02 pre consolidation is insanity.
Comment by highrider0 on Jun 21, 2016 11:25pm
No, you weren't being kind, you were just being stupid.   Despite management perfomring admirably, the share price is down 80% due to bad timing and an ill-advised decision to get in bed with the moron from Calgary.  A post consolidation price of $0.03 to $0.04 would put the market cap of FAS at $1.5 tmillion to $2.0 million.  That represents about 0.3x to 0,4x estimated ...more  
Comment by rugulator1 on Jun 22, 2016 2:56pm
Thats being generous to think they will generate over a couple million rev this year based on past quarters growth numbers.  Also, i believe the term is valuations..not evaluations ..lol. Todays action shows that the faith in FAS is dwindling.. Management continues to make bad financing and structuring decisions.  They have done things absolutely backwards for a year now.   ...more  
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