Bragg Gaming Group Inc T.BRAG

Another new in Dutch market !

[red2000]

https://finance.yahoo.com/news/bragg-oryx-gaming-powers-dutch-070000317.html

One day the market will wake-up !!!

Please do your DD, it's your money !

[1condor]

Good news coming in almost daily yet the share price languishes. Would be a different story if the sector wasn't out of favour.

[1condor]

Anyone on here going to pick up some in the 6's? No doubt it will ratchet its way down there soon.

[Yo_Dog]

The 6's would be a good place to get some. Not sure I will as I have a decent position.  The stock action is bizzare. I hold draft kings as well (traded it twice, bought in the low 40's then sold in the 50's). On the way down in its recent move I bought a 37, thinking I was a genius!!

[1condor]

I am looking to add at 6.50 and if able to get the shares this would bring my average price just below 7. I agree, the selling is relentless for whatever reasons. The news releases sure have been positive but no doubt the sector is currently out of favour. One thing I know holding this company over the years is that it can turn quickly to the upside.

[1condor]

I see the next support around 6.48 and that is where I will start adding. If that breaks I will wait for the  old low which is around 5.50. Hard to believe we are down here...but seen this before in BRAG...not a stock you want to own if you have a weak stomach.

[Liquidything]

This is beyond a sector being out of favour. I suspect there is something fundamentally wrong here as the trading is completely one sided. The news releases are all positive yet the stock is down 35% in the last couple of weeks. You can only buy the dip so many times, at some point stock has to perform. This is just nasty SP movement

[1condor]

Liquidything...I would really like to know what is causing this sharp dip...in the past BRAG has had dips like this but has always recovered nicely...we will see this time. It does seem to be sector specific to BRAG over the past couple weeks so that is somewhat concerning. I hope management hasn't run into any internal problems. As of now I am looking at the current shareprice at 666...that

[mjh9413]

At these mid $6 prices it is trading at 1.5x 2022 revenue estimates (published early Feb 22) and just about 10x adj EBITDA estimates. Not bad for a growing enterprise but, of course, risks remain as only estimates. Still, I like to buy here for, as noted by others, it seems to have news that ignites a spark under sp (it's a spark because it rises high but burns out!)

[1condor]

Big question of course is what puts a stop to this downtrend..3 to 6 percent drops per day can not be sustained. Even the last couple positive news releases did nothing to stabilize the stock. Not sure what is at play here...but something very odd is going on. I suspect we will find out soon. 

[vitalina2233]

correct. Look at Penn and Draftkings Getting creamed. Keep on holding Papi