Post by
ScarletSpider on May 25, 2024 2:33pm
What A Massive Irony I Held Off Buying Jackpot Digital
For the longest time because i was not really impressed by their revenue or growth which didnt seem like that much but invested fairly heavy in this company only to see ot trade not even equally to that. I will have to revisit their revenue because from my recollection it wasnt even close to this one and again yet here we are under .10!!! Jackpot Digital may have about 30 million fewer os i think it is about 163 million according to the SH listings but dont quote me. I will check if it is about 163 to 165 million i wont post the number if not o will as a response to this.
Yesterday, when i went to TD the teller asked me what i would do later i mentioned look up investments. He asked any good stocks i started with the banks and he asked pennies i mentioned this one with a caveat and that is if you can tolerate the annoying share prices it will trade at but i did say it is extremely likely this will go to Nasdaq and can hit $15 to $30 after a 10 to consolidation. I hope i am right. While q1 2024 gross gaming is extremely solid like i said this needs to get into the 10s of million per quarter if not 100s of million to play with the big boys it has to drastically expand its reach outside of being locally Ontario branded otherwise dont bother. For TSX it needs to be upwards 20 million quarters i was saying 40 million but i look at low 100 million lowest actually and or low total expenses to be net profitable without the higher revenue points as qualified by need of manufacturing etc.
I also recommended Accelware and hey knew right away about it and said he traded it and the tech is real good. Yes the tech is super good and he knew that the company has links to Nvidia they also have links to Intel as they have been developing computing software and geographic moduling which is part of the business the other radio frequency heating so they use them hand in hand to apply to the oil firlds and they have been backed by Cenovus Suncor and Broadview. The problem they rely on capital that they dont have and need to raise but their partners are playing hard ball so the company is holding out for more partners and or non dilutive government funds to avoid share dilution as much as possible. They are under 200 million right now. But because it is dead money i bought into here more than my dollar total there more shares here by 4 times plus lower price .065 here .25 there.
I forgot to mention pyr which is huge has 5 streams of revenue and hpq which is solid.
These are my picks although btcw is doing quite well and despite fearing Maxq it is too. This should not trade less than where btcw is which is hoovering between .125 and .13. The financials look quite similar and the share count again dont quote me close.
Anyways, this is a great future pitential stock but an extremely annoying near term one i guess this gets the same treatment as axe is getting not really worth saying much in what they are doing until there is something really to talk about. Despite really decent financuals what is there to say other than i did same old same old. Time to put all stocks away and just stop talking about them and on the boards as i was supposed to. I like where things are i hold. I dont i sell.
For this one i am giving it one grace and thats it because it is massively in my doghouse. Like i said of the issue of consolidation is in the way get it done and no more share drag. If it sucks after that more of the sane i cant carry dead weight money to this amounts and i will need to think more short term 20 percent gains because this here is not working at all and i am not going to waste time on something which may or may not happen and that too to the extent i expect then to bettee to see money today and keep taking it.
There will be no further grace because like i said this here is inexcusable so i will wait but the grace will be over. I do however expect to see double digit gross gaming revenue in the last quarter if not the third. This should get to 10 million at some point and best it coming year otherwise no not ready even for TSX main.