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rickn23

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rickn23

Re: sand post# 36

Wednesday, 04/21/2021 6:39:20 PM

Wednesday, April 21, 2021 6:39:20 PM

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Yep, I was in REDG. I think it was a (stereo)typical penny stock. If management was (much) better in business, it could have gone much different.

WOW is different. Parts of the company have been around for at least a couple of decades. WOW also produces some good revenue and seems to be heading towards profitability.

The thing to remember with entertainment companies that own IP is, IP is like a lottery ticket. If they are able to resonate the IP with a large enough consumer group, licensing/merchandise revenue can be enormous.
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