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Bullboard - Stock Discussion Forum Bragg Gaming Group Inc T.BRAG

Alternate Symbol(s):  BRAG

Bragg Gaming Group Inc. is an iGaming content and turnkey technology solutions provider serving online and land-based gaming operators with its content and technology. Its suite of iGaming products and services, commercial relationships and operational licenses allow it to offer a complete gaming solution in regulated online gaming markets globally. Its suite of products includes a player... see more

TSX:BRAG - Post Discussion

Bragg Gaming Group Inc > What we are seeing is
View:
Post by kingbear on May 27, 2021 4:10pm

What we are seeing is

Either someone is unloading a huge position from a previous raise, or they are prepping the SP for a cash raise upon NASDAQ approval. This is not retail selling their shares. Anytime the SP has a .10 cent increase it's instantly met with sells. Dropping it .20 to 50 cents per day for 8 days now, It's getting ridiculous. But I bought more shares again for the second time this week.

Trading 3 x sales even less with the new acquiistion. If it keeps dipping someone is going to buy these guys out, management needs to be aware of that. Not many companies in new sectors trading only 3x sales and EBITDA positive. Trading 1/3rd of GAN with better numbers. Better revenue than SCR by a mile valued 3x lower than them as well. This is a huge buyout target at these levels. I keep adding bc with this valuation it's more than worth it.
Comment by CryptoCap on May 28, 2021 12:34am
I had that same idea...it seemed criminal how cheap it is but it kept falling. I caused that dip on the 26th. I liquidated 10k shares in almost one order. I sold near the highs when I saw SCR begin to crash but I kept that core position in hopes that these catalysts would reflect their solid work over the last year...BUT...it was not to be. I will wait this out and probably scoop down but I ...more  
Comment by 1condor on May 28, 2021 10:06am
CryptoCap...I still hold a postion in BRAG but certainly not a core position I held a few months back. I agree the easy money has been made but I still have some faith in the company and might add a little here and there on the way down...but it will never come close to the amount of shares I initially held. 
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