there are still opportunities for high gains here but i don't see people becoming millionaires off of a 10,000 dollar investment with purchases of around 1 cent per share with this float, especially in such a short amount of time. the only way it'll hit over a dollar or even 10 dollars for that matter is if there was a r/s. i'm posting based on fact and the numbers i see. the fact is the float is unusually high and peoples expectations that this stock will hit over a dollar or even 10 dollars is laughable with the amount in the float. it's simply unrealistic. if you knew anything about p/s ratios, you wouldn't even be trying to argue with me.
pokemon go generated over a billion in revenue in 2016, but the apps popularity died down and so have revenues here in 2017. it's not like the app is going to continue pumping out those numbers year after year, as people will get tired of the game.
however, if the company keeps investing the revenue they will generate from this app into new material and games, we could possibly see the overall market cap of the company rise over the long haul.
my advice was based on more of a short term and safe hold, as far as the 1 year rule goes on taxes. there are potential for the type of gains you're looking for, but you'd have to hold for a much longer period than 1 year. and one app with this kind of float isn't going to do the trick. i'm optimistic and i like this company, especially now after they've been dealing with paws inc and munzee.
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