They have not needed to dilute in TWO YEARS, so what does the DD suggest? lol... Do it trust random unsubstantiated claims, or the undeniable DD?
... and they have added hundreds of employee, built new locations, acquired companies with ALL CASH, created new products, expanding in multple countries, etc, etc... and zero shares needed, thanks to a red hot concept bringing in $XX,XXX,XXX revenues.
... and if they are just at the breakeven point now, what will happen when this HIGH MARIN self titled game launched in the LARGEST retails, worldwide?
(repost) If this stock could not break these levels over the past year, with the amount of CONSTANT negative harping, i dont see how its gonna break these levels now... esp with no dilution in 2 years. Where are the sellers gonna come from?!
This is the SIGNIFICANT fundamental shift that has SMART money buying right now... some dont realize it yet, but if they have any market TIMING/EXPERIENCE, they should. I study these scenarios for a living
The risk/reward buying at these levels is heavily tilting towards a nice reward and we can back this up with DD and sound reasoning... This is why not one person can come up with a SOLID reason for why this should head lower from here, with revenues already $XX,XXX,XXX and before their biggest and most profitable iniatives start adding to it. We are only trading about 2X revs as it is!
The claim that the "RSI is too high" is not gonna be enough to convince anyone to sell. lol... We could dip a little, cause that is how stocks normally trend, but it will not be long before we are higher than .08 imo.
Selling here with the hopes of buying back lower does not seem like a savvy scenario. The smarter investor will see this as the START of bullish FUNDAMENTAL and TECHNICAL shift for this company.
Does anyone think the excitement will slow from now till the holidays?! This is the most important question to ask ourselves and make sense of through the DD... The gain potential from now till then is worth taking seriously
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(repost) When MANY people are hoping for one last dip, because the DD is growing more and more convincing each day, a stock often doesn't dip.
There are just ZERO reasons to be selling at this deflated price. SMART money knows it, hence the strength.... and theres been zero dilution in 2 years, while building new locations, hiring hundreds of people, supporting multiple subs, creating new products, acquiring companies with cash, etc
None of this upcoming high margin growth, via the largest retailers (worldwide), is factored in yet... but speculation is about to shoot to the moon, watch.
The longer some wait for a dip to rebuy, the more the price might run away.
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When they start announcing back to back to back sales orders, all over the world, the speculation could put this over .50 fast. In pennyland actual results are bonus. Speculation is the #1 driving force for big gains.
...cause revs are already $XX,XXX,XXX in JUST Canada, before the Tempe location is added ($3-4 million) into the mix... and before a full year of Midtown (the largest location) is added... and before these high margin products start selling all over the world
What are the freakin odds? It wont be long until revs are more than the market cap.
... and another Snakes location is coming. Add millions more.
Revs are on a clear course to $XXX,XXX,XXX, its just a matter of how long it will take.
... and Unicorns is capable of making this a $1.00 stock ALONE, based on commonly accepted valuation metrics (EPS/PE/etc). $5,000,000 profit is .01 EPS and a RAPID high maring growth stocks can trade at heavy multiples during the early stages, allowing them to grow into it over time.