Real Luck Group Ltd V.LUCK.H

Going Up Fast But Risky

[blackgold14]

I've been watching this emerging company since it started trading.  The uptrend has been nice and the enthusiasm by retail investors for sports / esports betting ventures is very strong.  At this stage I view it as a risky investment unless I start seeing what kind of revenues and earnings the company is generating.  I was expecting them to release some results on how much wagering was done on their platform during the SuperBowl weekend.  The only reason that they probably didn't announce anything is that the volume of transactions/revenue was low.  That's understandable for a startup but as the stock goes up on speculation, at some point, it won't reflect economic reality.  In other words, eventually someone will get caught holding the bag for awhile.  I need to see numbers before I invest in any stock. Don't get me wrong.  The stock may double within the next month but it could also drop like a rock.  The float is small and investors are impatient these days.  Once the stock rally stalls, nervous and day traders/flippers will want to exit.  In my forty years eperience in small caps, what goes up fast, usually goes down fast.  Good luck to all.

[Silvercup]

If you've actually been following them, you should know that their focus for the first 6 months of 2021 is not on sales but on expanding their team and marketing. This means they are still establishing themselves so no, numbers won't be as high as people that focus on nothing but sales may want during this time.  This doesn't mean they're not doing well. If you need to see

[blackgold14]

You can only ride hype so long before a company needs to produce the numbers.  The current hype in esports stocks won't last long-term.  It reminds me of the hype in weed stocks which was great for awhile and then companies crashed and burned when they couldn't produce the revenues and more importantly the earnings.  After the hype regarding legalization, the stock prices of

[Silvercup]

It's not just hype.  Look at what they've been doing: - Partnering with high profile payment options - Partnering with EveryMatrix to allow real sports to be integrated as well - Bringing in a reputable CCO and CFO that both have experience with other successful online betting platforms - Being added to the Google Play store in an additional 15 countries This is all just in the last

[Gypsy319]

I think you are oversimplying things, e-sports is the fastest growing "sport" in the world. Universities and Colleges now have e-sports teams and scholarships. Every male of betting age has played/ owned video games. LUCK also offers traditional sports betting with single event wagering soon, look at SCR which was trading at .35 a year ago. Ask any gamer if they would bet on e-sports, my

[gchristopher2]

You also have to look at their valuation, $75m.  Compared to the valuations of the pot stocks during their craze this is minimal.  The pot stocks settled into their appropriate valuations, given their revenues, when the craze was over.  

[blackgold14]

I warned people a monh ago.  Trading millions above $1.50 a share then, now at a dollar down 50% already.   Moving lower this year. It will be back to 50-75 cents later this year, probably by August.  Hype without significant revenues and earnings only lasts so long.  

[dsind]

Your math is terrible by the way.  Plays like this are often basing sp on future earnings and potential that is why they have the element of risk. Great management team, interesting play on the gaming sector, potential to be a world leader in their space.  If it goes back to .75 I’m loading up big time.  Easily see this at 7-10 dollars in 3 years and either taking out a bigger

[blackgold14]

Like I warned people before. Already down over 50 cents and headed towards being down 50% to 75 cents.  What goes up too fast based on hype, normally goes down fast just as I had predicted.  I've been at this for over 40 years. I've seen it all.  Once the company starts producing substantial revenue AND earnings growth, then it will worth reviewing again as a possible buy

[Silvercup]

I assume you must be shorting the stock with all this negativity you keep bringing to these boards?   You're right, it did go up too fast and came back down and has been balancing around the $1-1.10 range since which is likely proper value. The entire market has been garbage the last month so we went a little below $1 yesterday.   That's reflective of the entire market

[blackgold14]

I don't short stocks or anything else.  I was looking at the stock when it was trading at around 50 cents. I recognized that it could be a good long-term investment if and when it started to show substantial revenue and earnings growth. When it rocked all the way up to $1.50 I thought that this was simply hype, not fundamentals driving the stock.

[jimmything]

fundamentals went out the window on gaming stocks of late. afraid this might be a hype machine that is gong to flatline 

[Silvercup]

This isn't a gaming stock, this is an online gambling stock.  Completely different ways of making money.

[vitalina2233]

agree

[Tarn24]

Fans has no revenues as well idiot

[blackgold14]

Some people never listen.  Where are the posters that roundly criticized me then ?  Nowhere with their big fat mouths.  In mid-February 2021, 5 months ago, I warned people on this board when LUCK was trading at $1.42 a share, that is was "Going Up Fast, But Risky".  Today, it's trading at $0.40 ... a massive decline of over 71% ($1.02 per share).   The