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Re: Big D Cowboy post# 51953

Friday, 12/10/2021 8:28:03 AM

Friday, December 10, 2021 8:28:03 AM

Post# of 53309
No, lmao! They bought a company for $10.6M and part cash part shares. It also bumped their revenues up from $10-12m per a year to $40M+ yearly. Any experienced investor knows this is a GOOD thing as this sector is based off of revenues for valuation. Now the two co founders of Raffle Kings have a lot of skin in the game with around 330K shares a piece! They received them at $8 share price and EF HUTTON institutional just paid $7.00

Shareholders would have to be dumb as a bag of rocks to sell down there. This is a buy here at low $7s all day long for most, including myself.

Have a good day sir.
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