SP8 0.00% 0.7¢ streamplay studio limited

DAILY UPDATE ON TOURNAMENT NUMBERS., page-120

  1. 711 Posts.
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    Thank you for your opinion but you are wrong.

    Firstly, what are you comparing it to, to say that SP and MC is overcooked?

    There are stocks such as BNPL where the entire industry currently has a market cap of over $31 Billion and their total annual gross income is less than $700 Million. The industry is about to get regulated which means their income will be further tampered with. I would not even call that overcooked as there is no good point of comparison, what did you compare your opinion to say that this is overcooked?

    Secondly and more importantly, this is an unknown growth stock. The risk is built in but the reason to buy is that the rewards are high. In other words you dont buy this stock because you want dividends. You buy this stock because of its business model and potential as well as cash in hand vs debt.

    The problem with this stock is that everyone who has an opinion has decided to come on this board and express their opinion.
 
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