$Paysafe (PSFE.US)$ Every gaming stock has gotten way out in...
$Paysafe(PSFE.US$ Every gaming stock has gotten way out in front of its skis, as they say. They are all getting killed after earnings, except for CZR. I just bailed on GAN at a slight loss because all of them are dropping big after earnings and GAN is due soon. Most gaming stocks should do well, depending on what price they are bought at. but Paysafe looks like one of the weakest.
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John Dow : Seems to be the market sentiment, yes, iGaming/sports getting pummeled. GAN DKNG PSFE ...GENI next?
woodfill John Dow: Market sentiment drove all these stocks way up, so it's only fair that it drives them down. The big question is what's a fair price for these companies. BTW, PSFE showed up on my SA list as "high risk of performing badly," so maybe SA has something useful there.
I got hit by PENN, but cost basis is "only" 68 and I'm thankful I didn't double up like I planned.
Johnsh woodfill: penn? Hope you BTFD???
ChclABkTHD woodfill: Definitely not one of Bill Foley's best investments to date. This guy usually has the magic touch. Not this time.
Sold at $12+ back in May at a small profit and felt terrible after it went to $13+.
Wow. $4.35?
fWY3TQgFdr : RSI had a great Q.
fPyTvyOaaW fWY3TQgFdr: Thanks, I'll have to put RSI on my watch list.