Simplicity Esports and Gaming Co (WINR)

[kdm57]

Jed Kaplan’s connections in the NBA (Memphis) and soccer worlds (both UK and USA) could get very interesting, as I read his Twitter timeline more often. Biggest criticism of WINR that I continue to hear is twofold: the chart and the volume. Took guts to build a position in the shares/warrants back in March when their prices were at rock bottom and investor morale was poor. My hunch is that those who didn’t catch the first upward wave in the stock (rebound in price to $2.20 or so) might be aggressive buyers in pushing the share price up to $4-5, or so, in the next wave.

With the all-stock PLAYlive Nation acquisition (44 locations) at such favorable terms to WINR, I get the sense that PLAYlive Nation ownership believes that their stake in WINR shares will be valued exponentially higher than ~$2.00/share in the years to come.