Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
https://local12.com/news/local/ohio-sports-betting-gambling-legal-bill-weeks-second-try-statehouse-4-2-2021
Second try looks to have support from both sides.
It's too high for me to buy right now... and too low for me to sell. hah! I guess it's about right to swing with... but I'm too worried that I'll miss the train when it rockets up(who knows when that is). There are other stocks that match a swing pattern better(since this whole NFT thing blew up my nice little playground). I should have known better though. At least it blew up in the correct direction. It's a matter of time before that happens again. No offense, but I don't trade penny stocks anymore. I got lucky and made $6K with one before it tanked. I have to know my limitations. OTC stocks are too hard for me to investigate.
Another rambling paragraph! :D Strengthened 18mo savings and tried(failed) to add more HOFV at 4.86 today. Only auto-grinding with 10% FIFO on this at this point. I'm keeping the rest in for long term gains. Plus, I'm afraid of missing another spike(real reason). I hope it will dip below $3.00 again in the next 3/4 months. Probably will. I'm getting killed by cash drag. I don't know if I'll wait long enough. There are many other good companies. I suppose I could invest in blue chips at least. Also my stock in a LIDAR company is blowing up on military news. I've discovered that I really enjoy researching companies. I wish I knew this sooner. Divested a little from a LIDAR company as it's now over weighting that sector of my portfolio(though, like HOFV, it has much more to go up). I just like the cash in case there is another bubble pop(likely real estate). I'm holding my HOFV until warrants. perhaps even until the $18 force. HOFV has a lot going on and there will be money fights very soon. A short squeeze is coming. Perhaps not today, or this month. I can wait. I'm super defensive with leverage, but equally optimistic. I'm not really expecting the HOFLeague to make as much money as everyone else is thinking it will. I mean, gambling is stupid. Who gambles on their sports team? But then again, what idiot is still shorting HOFV? I could just be out of touch with idiots. Maybe HOF League will perform well. I'm going to hold with conviction.
_______ . ' , _______
---' ____)____ _________ ____(____ '---
_______) _ /_|_____|_\ _ (_______
________) '. \ / .' (________
_______) '.\ /.' (_______
---.__________) '.' (___________.---
I've confirmed this and placed a screenshot on the intro page. Not that it matters much. Imma be holding long at least a year for the tax bonus. I don't have much more money to put in. I guess I'll inform WSB on discord. Who knows whether they will bite. WSB is hilariously whimsical.
I'm glad I'm not alone. I don't feel as dumb now. I've held HOFV since Nov and I NEVER sold everything(or even 50%) until two days ago. *facepalm* well... live and learn.
I don't know what they'll do... but the interviewer *said* he sees HOFV as a very stable long term high growth. Which is pretty much how I see it.
HOFV is looking to put NFTs out in the next 3 months. He said "by the end of the quarter." But that probably doesn't mean next week. I would *guess* he means Q2. I *could* be wrong. One of my fellow hackerspace members does NFTs and he can put them out in 10min. So... it's like an ebay listing... It looks like their early December guidance weirdly features a famous artist by name. He seems out of place. The guidance says he's doing "portraits" of NFL Hall of Famers. If this artist makes these NFTs... it would imply to me that HOFV has been planning this in conjunction with the NFL for almost 4 months. They also didn't include any of the anticipated revenue from the NFTs in their guidance. They've kept a lid on this! I still think NFTs are <10%(probably like 5%) of what HOFV actually offers. It's stupid. I don't get it. I'm probably just super annoyed that I missed the huge spike, bought at the top, and then sucked dirt the past two days while I held deeper and deeper into the red. I refuse to buy on margin though... and I'm too certain to sell(I'll try not to make that same mistake again) I'm too crotchety/pessimistic about life to take on debt.
HOFV is looking to put NFTs out in the next 3 months. He said "by the end of the quarter." But that probably doesn't mean next week. I would *guess* he means Q2 ;)
Yep. :D You have me pegged! I'm pretty lonely, but I don't see where I posted to myself. Could you send a link?
You are 100% right on the "weak[paper] hands." My sells were hit too low and my buys got hit too high... but I haven't hit my stop loss line(not that I'm smart enough to put any shares in my stop loss). It's just a stupid line that I calculated on my chart... and then ignore out of fear... Hmmm... should probably put something in my stop loss...
Whoops. That wasn't meant to be a reply to coppatop! LOL sorry.
It's a crazy ride and NFT attracted the wrong sort of investors. Twitter is not due diligence. HOFV has exclusive NFT for the NFL. HOFV is not NFT. HOFV is going to explode once the post their revenues in the fall. The market was adjusting upward for that expectation before the idiot crypto swarm. It doesn't make sense for me to say anything bad about a company I'm actually still heavily invested in... but I'm long term. And I'm honest. HOFV is heavily stacked to win. If you have a 99% chance of making 2x of your money in 1 year... or a 0.1% chance of making 10x your money, YOU SHOULD TAKE THE MORE CERTAIN BET! You've trusted hocus pocus. You've trusted "your gut." Try something new; trust math. Read the corporate guidance for new investors!
https://s27.q4cdn.com/207235565/files/doc_presentations/2021/01/Investor-Presentation.pdf
Here's an email from Dec
The exercise price of the warrants is $11.50 per share of common stock at a conversion rate of 1.421333 shares per warrant. So each warrant entitles holders to purchase 1.421333 shares of common stock at a price of $11.50 per share for a total cost of $16.35 per warrant. The warrants expire in July 2025 or the company will have the option to force the conversion of the warrants to common shares if the HOFV common share price stays above an $18 average for a 30 day period.
Best,
HOFV Team
Volume keeps going up... I guess that's one good thing about this NFT. It will put HOFV on other people's RADAR.
HOFV's only been nuts the past 4 days. News that they're selling NFTs is driving prices.
Who knows. Maybe that will happen. This is a bizarre environment. I can't make a single short term prediction.
I think you'll see $8 by the winter or sooner. HOFV is a good company regardless of this NFT dance and 21% in 7Mo is respectable.
Yeah. I write algos too, but I'm not vicious and I actually never short(it's a bad strat for a company's long term health to hurt the investors). Plus I dislike debt as much as the WWII gen. I was doing really well until the big boys showed up with their slash and burning. Their algos are too tough(and I'm top 1% in Java). I rolled a probability matrix with some simple evolution. Some would call it an AI, but there's no such thing as an AI AFAIK. Here's what an average day of trading since Nov looked like for me:
"hr" : "=-------------------------=",
"today" : 1615979252262,
"todayString" : "2021-03-17 05:07:32",
<REDACTED>,
<REDACTED>,
<REDACTED>,
"plTotal" : {
<REDACTED>,
<REDACTED>,
<REDACTED>,
"averagePurchasePrice" : 2.6783050089445433,
"averageSellPrice" : 2.7151945080091555,
<REDACTED>,
<REDACTED>
},
<bunch of bits REDACTED>
EDIT: I accidentally showed the 22nd instead of something pre-slaughter.
I don't know. It's hard to say. I know it's going up regardless of sports betting or NFT. Just the theme destination alone is significant and they have presence in Vegas too so they'll still run sports betting(which has been recently less-regulated at a national level).
As for Ohio... It doesn't look like there are any bills on the docket this session for sports gambling. In fact there's one that is *slightly* anti-gambling as it partly lumps "usury" with gambling. That's a ridiculous stretch. I think there's a chance of that bill not dying in committee and even getting a chance to become law. The committee seems made up of people who are republican and the bill was made by a republican.
Regardless of whether this bill gets codified, it's not a concern for HOFV as far as I can see.
let me know if you find better search results
https://search-prod.lis.state.oh.us/solarapi/v1/general_assembly_134/bills/hb109/IN/00?format=pdf
Yeah. But if I make another mistake, it wont be one I've already made this month(or hopefully year). I'm holding until my sell point this time. I have my trade trigger and I'm leaving it alone. For real. None of this "try to outsmart the market" BS. I can't. These guys are a different caliber than the people I've been winning against. I'm too stupid to invest in anything other than fundamentals/guidance and I'm(normally) wise enough to know it. I know this company is worth far more than it's at(regardless of the crypto). The fact that I've held $11.50ex warrants since Nov(before missing the big 3x in 2hrs), would attest to my comfort. Ignoring crypto, this is still a great investment. If Rome is failing, invest in the Colosseum. I wouldn't even be surprised if HOFV got to $30 in the next four years without crypto... Though it's looking like $15 is a possibility this or next week even.. NFT weirdos. I've nothing but lost money/opportunity the past couple days. I just don't get it... I have 18mo of savings, futures and TIPS. I just recently got my high tier options account! So I can now trade futures! I've always been the dumbest of the smart kids. On that cusp, I learned something that I share freely: Suffering seems to start when you think you're dumber or smarter than you actually are. I am 0% leveraged(I'm weird like that). Other than a remaining $100K on my house, I have no debt. I'm in the process of refinancing so I can sit on inflation-proofed cash like a weird ass dragon. ROOOAaaaarrrrrr! LOL. I can financially hold through any long squeeze. Now I just need to learn to relax. "Have a bit of sand" as my bus driver said(when I used to ride the bus). HOFV deserves a hold; it's a good company. Damnit, I can't believe I held for four months and sold 4 hours before my warrant nearly tripled -_-. Kicking myself. I just undid 2/4 months of grinding in 4 painful panicked hours. At least I've gotten a chance to improve my temperance. Hopefully I am learning from this chance. I'm writing all my thoughts down and reviewing my log so I know why I bought/sold securities. If we all did that, our economy would be more stable and more successful. I don't even know my own thoughts sometimes... how do I expect to anticipate other's thoughts?! I am only in on the warrant at this point. I have another 40% to stuff in if it drops lower. Otherwise, I'm putting that in my TIPS jar.
Thank you! Yes, HOFV has the NFT contract with the NFL(apparently)... but they're not NFT. That's not even what they do. Yes. They have worked with football cards in the past, but that's not 10% of what they do! They're a resort and worth a lot of money as a theme destination/theme park for R&R. Please do you DD as if they were a resort, or even a theme park before treating them as an NFT company! They're not NFT just because they hold rights to show off every NFL hero in trading cards(NFT or otherwise).
Well dangit! I guess I just can't stay away. I bought in again. I do think HOFV is worth at least $7(without the NFTs). Now to set a sell price and walk away. *sigh* LOL.
I keep seeing people post "X% of the short!" Where do you find this on such a small company?!
I can hope too... but I've been happily investing since $1.40... and when I saw the vol drop off, I sold 100% like an idiot. I'm 100% out of both the stock and the warrants. I'll check it every once in a while to see if it comes back down because it's really a good little company in an NFT poop storm. $5 is a reasonable target for this year so I have no idea why I sold at $4.48. Just dumb I guess. I feel like a cowardly idiot for selling so low... I just... don't get NFTs. *sigh* I guess I at least made 4x return. After months of research, I could have made that into 7x today alone. *facepalm* I guess sometimes you need to know when to hold them, fold them... or cash out.
I've got a handful of other promising companies though. I can't mention any of them here. But HOFV isn't my only 2X+ pick this year. Good luck Bob!
Oof. This is a rough day. I expected HOFV's NFT bubble to nosedive... but not this soon. Especially when TKAT(the poster child NFT stock) is doing so well! 75% of the volume dropped off overnight. I closed out my position at $4.56. I still made money... but ouch I should have sold sooner! I'll wait for either volume to go back to normal, a specific low price(not telling), or warrants to make sense again(might happen soon)... and then I'll buy in again. This company is still reliably going to make a reasonable(perhaps impressive) profit. And now I have more more cash to go shopping at low points! Not enough cash to affect the market, but still enough to affect my hairline. Thanks NFT! May I never see you again! I did not like the uncertainty or even the idea! I would invest in bitcoin 100x before NFTs. BTC/ETH isn't a terrible idea. I would buy in, but I like my money to be doing something.
I hope this is the end of the NFT bubble... but it probably isn't. *sigh* what other stocks are there?
What did you think of the earnings? I wasn't really excited about the earnings as much as the construction progress and securing new capital. But I'm a novice idiot investor and I'm in this for several years. I can't outsmart all of you guys with MBAs from ivy leagues... it's like trying to play basketball against a pro. I'm never going to win. But I can find a reasonable company and hold until a set exit point. It's weird that they didn't mention NFTs in their earnings report... but then again the NFL might be able to keep a pretty tight lid on that.
Ouch! Yeah. I'm terrible at picking the correct entry point as well. I just bought and held half my position since Nov. It's been working out pretty well. I've been "swing" trading the other half. Didn't do very well with that.
Yes. My algo triggered a buy at 5.01. It outperforms the market 80% of the time.
Even if this is a bubble, this would be the "awareness" stage of the bubble. I've ground a 14% more shares on this volatility. HOFV is good regardless of crypto though.
I expect this company will easily see its precovid high of $12.31. I just... didn't think it could happen this month until crypto got involved. I'm holding for next 4.3 years with only 23K shares and zero margin. Diamond hands. This is a fantastic company that is recovering very well from a bunch of panic during covid. The highway 77 festival tickets ALONE will pay for the concert and nearly a year of operating the stadium! That says nothing of the revenue generated from the hotel and restaurant! I tried to call the hotel and get information about available rooms. The booking lady couldn't book me several specific rooms for the Festival because they were already booked. That's a good sign. I wasn't able to get seven specific rooms though. The people I talked to started stonewalling(they're not supposed to give nonpublic info out I guess). phase 1 was successful. If it weren't for the massive phase 2 construction(you can watch live cams of this), they would already be raking in a healthy profit. With the $230M construction loan for the MASSIVE phase 3 project and the income of similar water parks in similar areas, I feel comfortable that the company isn't in danger. I expect we'll see another two-three weeks of this bizarre bull market before things level off a little higher than they were before and I can get back to slowly grinding my shares up with the stock price. This really could be a Disneyland-esque themepark for Football. Except that instead of Disney land princesses, you have actual famous players!
I agree that we'll see record volume today. As chatter catches on, we'll probably see record volume again this week. *eyeroll* I'm still not convinced about this NFT stuff... but I know the company is undervalued regardless.
Hm.... Like I said. There's a back off of hard asset investors due to none of us knowing what heck this fancy NFT is all about. I know I sold some stock for that reason. I'm looking to buy when the stock shows a leveling off... around now actually... Everyone who trades at 7AM seems to say "nope! I'm out" Everyone who trades at 4AM seems to say "BUY BUY BUY!" Everyone who trades at bell open... we shall see. No volume to support the movement... I guess I'm going to HODL the rest and buy the dip with the cash from yesterday's peak sale.
I also own some warrants as I expect this stock to get above 11.50 in the next 4.25 years. HOFVW is the warrant ticket. Gearing ratio is approx 1.4. Ex price of 11.50. Forced excersize of warrants when the simple moving average for 30 days stays above $18. This is to protect the company if/when they get above $18/share.
Hey. I bought this at 11/19/2020 for $1.5 a share. NFT aside, this is an excellent company with excellent leadership that was hit with a pandemic at the worst time. They reacted well in my opinion. They rapidly changed their strategies to focus on infrastructure growth(instead of trying to squeeze operations to operate under pandemic law). Lots of early layoffs. Lots of funding shifted early on towards construction projects. They were BVPS at $7.03 by my(admittedly novice) calculations, but they had just secured a big loan(it was that or go under) at rates lower than inflation(but some light dilution). My only regret is that I didn't invest more sooner. The NFT speculation is going to introduce a lot of upward volatility, but this is a very stable growth stock otherwise. I just hope you crypto idiots don't pump the gas so hard you scare off investors that believe in the hard assets of this company. Instead of just their "secret sauce"(rights to display the likeness of ever major NFL hero).
I'm not a lawyer, this isn't stock advice. Just giving back after someone on inv hub saved me from investing in sand.
You're welcome! :)
Turns out there are cash bounties on people like this. The SEC is paying bounties for highly capable accounting sleuths to bring swifter justice to these people. These bounties often range in the 1-2 million dollars. I do computer security bounties. If one were to find(entirely hypothetically of course) a vuln that controls %10 of the world's computers or waves tuition/grades at 30% of universities... they can expect about $3K as a reward for fixing it. It's a slap in the face. I should have spend the last 20 years becoming an accounting sleuth.
I still have my doubts that Jeff Lewis is evil. Mislead to be evil, perhaps... He'll probably end up in a world of hurt for his lies. He's likely the fall guy. Maybe he even believed his own BS at one point. There's someone behind him. That someone is probably going to go free or even unmentioned in court.
Thanks Kennypooh, Laster, and all those who helped me better understand regulations and made me question feasibility. I am a very naive investor and without your caution... well.. I would be looking at different colleges for my two young kids. There are tons of excellent(yet high risk) investment opportunities post COVID: Hotels, airlines, cruises, anything vacation related, restaurants, frivolities, etc.
BBRW seemed like a great company heavily sheltered from the madness. I mean... beer wont go away in a macro economic downturn, not unless you want to give rise to organized crime. It was attractive to me for those reasons. It also has a great product(which will now likely never truly hit market). I understand and sympathize with people who bought and held. The sector was right, the product was good, the sales APPEARED to be there. The accounting was just deceptive.
It is imperative that these crooks pay.