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Tuesday, October 22, 2019 11:43:19 AM
... and besides, this new location in not the biggest event. It is only ONE initiative out of dozens. These high margin games are equivalent to MANY locations.
(repost) FUNN could have zero revs, millions in losses and this SINGLE high margin self published title can make this a fairly valued $XXX,XXX,XXX company, using common valuation metrics.
Multiple table gaming titles are doing $50++ million each year now and only $5 million net profits is .01 EPS... IMO this growth rate could send this to $1.00, just like other high margin rapid growth stocks. They are given a higher PE that they can grow into over time.
Buying and holding ANY of these penny stocks is a gamble, but the DD around this self published title, along with the position they are in to get it into mass retailers via their already established distribution/connections, indicates that this is as good a gamble as any penny stock trading for under $100 million.
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(repost) Do you realize that THOUSANDS of Starbucks locations have opened months later than they initially projected?... and they dont even have a full kitchen, bar and are a fraction of the size.
When it comes to dealing with things that you CANNOT predict, because you depend on other entities like contractors, inspectors, local gov, etc there will OFTEN be delays. This is why i have warned in the past that people should not look at these opening "projections" as if they are a surety. Delays are common...
.. but regardless, this location is not needed for this stock to make us a lot of freakin $$$. Based on common equity valuation math, this high margin game launch can make this a $1.00 stock.
$5,000,000 net profit is .01 EPS and it is not out of the ordinary for a RAPID growth stock with a red hot concept to maintain a 100 PE...
... but the potential to make MUCH more than $5,000,000 net profit exists, from just the publishing division, esp since we will have multiple high margin SKUs. We could see multi pennies per share profit in the not too distant future.
... but then again, we wont even need ANY profit to see higher levels. Penny stocks run based on SPECULATON more so than actual results... We just need the company to paint a very clear picture on the potential and we will see a nice and steady uptrend heading into the new year.
Anyone with market savvy knows im right. Penny stocks wth NOTHING run to $XXX,XXX,XXX caps all the time, why cant this PROVEN red hot concept with $XX,XXX,XXX revs... and these revs are BEFORE the high margin SKUs start adding to the total!
People wouldn't be glued to this ticker 24/7/365 if they did not see the potential. Early Saturday morning FUNN is already busy busy busy and i bet Sunday will be no different. lol
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(CNBC video) 'Exploding Kittens' Card Game Blows Up Into A Fortune | Strange Success
Snakes has locked down exclusivity for this game in Canada. It only did $50,000,000 in the 1st year, in the USA... and this was not even the best selling title that year...
My messages contain many opinions. Please do your own research
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