Golden Nugget Online Gaming Inc (GNOG)

[food4thought]

It was a hypothetical all-in, I have other positions as heavy as this one. I phrased it that way because I started my position with 800 shares at 12 and change and am now sitting at over 10k shares avg nineteen and change. I rarely avg up but saw a hyper growth opportunity here in an undervalued company with a billionaire backer already running the business model with real revenues and peer based fundamental comps vs getting lucky enough to enter ideological based spac/mergers that have no revenues yet surge 500 to 1000% shortly after their mergers complete. So I’d say luck has something to do with it.

For whatever reason, GNOG feels heavy at 20 since the merger.