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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

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Post by SuperMoney on Aug 23, 2016 1:56pm

Strange trading?

I can not believe that the share price can stay so low at 0.06-0.065 for so long. The current share price is just about the same as the price before 1:5 share consolidation. How comes??? I personally feel that the share price could be easily doubled whenever the next updates come out. This is just my opinion, not a financial advice. Cheers.
Comment by lscfa on Aug 23, 2016 2:07pm
Q2 results out at the end of August....the silence will be broken by legally mandated disclosure
Comment by Smiles48 on Aug 23, 2016 8:39pm
unfortunately 01 wants out, i'm guessing he has millions to sell (hidden iceberg)so i doubt very much that we will 0.10
Comment by Smiles48 on Aug 23, 2016 9:38pm
notice how he puts up a 1K ask towards the end of the trading just in case someone has an urge to buy. That 1K could actually represent 100K.
Comment by SuperMoney on Aug 24, 2016 1:26pm
I don't think any body (including 01) has any shares left to sell at 0.065. I would like to buy much more shares at 0.065 if available, and waiting for the moment when the next quarterly financial report comes out. Cheers.
Comment by Smiles48 on Aug 24, 2016 4:12pm
no at 0.065 but at 0.07, what's the difference? Want to bet millions will be exchanged from 0.07 to 0.095 when the financials come out, even if the news is very good? Seen this behavior before!
Comment by SuperMoney on Aug 25, 2016 11:12am
With the great potential profits ($$$$?) available (as you said, and I also agree), I expect several larger investors will jump out to buy all of the shares at 0.07 soon (probably million shares available at 0.07 as you guess, but I doubt it). Again, I can not believe the share price can stay at 0.06-0.065 for so long, which is just about the price level before 1:5 share consolidation. It is a ...more  
Comment by SuperMoney on Aug 26, 2016 10:38am
Smiles, can you figure out why 001 always sells very small amount shares at lower prices? Clearly, 001 is trying very hard to drive the share price down. But why does he want to see lower price if he is a shareholder and selling his shares for loss? Manipulation??? Driving the share prices down first and then buy all cheapest shares??? What else? Any thoughts please. Thanks.
Comment by Smiles48 on Aug 26, 2016 10:24pm
Of course there are many possibilities. One is as you mentioned, stock manipulation? Or simply dumping the millions he got for close to zero cost so he can participate in the next PP? Or just letting go this investment that he regrets.  Or keeping it low so that he and some buddies can buy the whole company for peanuts?  What's the market cap right now, ridiculous don't you think ...more