Simplicity Esports and Gaming Co (WINR)

[namah sivaya]

not what i would hope for really but not out of the question. ie. Allied Esports in their last report talked about having cash they were looking to put to use.

Mr. Berman continued, “Concurrently, we continue to make progress in our ongoing efforts to invest the cash on our balance sheet to acquire or merge with an existing business. At the end of the first quarter, our cash balance totaled nearly $96 million, including restricted cash. We remain focused on finding the best opportunity available to maximize value for our shareholders. While we are limited in what we can currently disclose about the process, I look forward to providing the market with an update on our progress at the appropriate time.”

https://www.businesswire.com/news/home/20220624005354/en/Allied-Esports-Entertainment-Announces-First-Quarter-2022-Financial-Results

while this has certainly been painful, I'm not sure much has changed in the business. revs are going to be up 100%+. all stocks are capable of moves like this without it meaning the demise of the company. even Amazon in 2000 went down over 90% before recovering and moving higher.

FY report is likely a couple weeks away so i guess will know more at that time. it's not unreasonable to imagine myself looking back in a few months at the recent prices below .20 as something i wished i would have bought more of.