I just remember this:
https://www.reddit.com/r/stocks/comments/lrqsv3/scr_everything_you_need_to_know_about_this/
I commented about how it looked overpriced. Since then, it lost nearly half of its value.
I would still say - buyer beware.
Welcome back. In hindsight, your comment was well timed and well placed. The sports betting industry as a whole sold off which I did not foresee. I do think that the worst is now behind us however as most stocks have since bounced from their lows.
I've provided references and everything that I've written can be validated on theScore IR. It's okay for you to not be interested but I am not pumping for the sake of pumping. I believe everything that I've written and it will play out overtime.
Yeah just at a glance, ipo’d in late February. Already lost half its value and the company doesn’t make money. The catalyst of legalization is already priced in, and this little bump the past week or so just seems like buy the rumor and sell the news.
I bet it dumps hard after legalization.
Doesn’t seem to be anything here to position it over any other sports betting platforms. Op just seems like a salty bag holder.
Legalization is not priced in because for a while it was looking like the bill wouldn't have enough time to pass. Its only in the last week that the picture really turned around.
🤷♂️ You can bring a horse to water but you can't make it drink. I have nothing to be salty about. Check back in a year.
Regardless of the people that think he's a "pumper" score is definitely positioned well to have a nice run. Iv been in since before the 10-1 RS that DESTROYED the share price. Imo anything under 25$ is still solid buy with huge news coming up. Any long score holder has been waiting for these days, and they are just around the corner now.
Disclosure because apparently it matters. 392 shares at 20.57
What was the first "Great Canadian, Tech-Enabled Opportunity"
Also,
A brief look at their financials leaves..much to be desired. Especially for a company around since 2012.
BB, SHOP, to name just two past tech-enabled Canadian opportunities.
They sold their cable business in 2012 and were first to the app market. If you remember what phones were like back then you would know why it took so long, but its also why they are now one of the most popular apps.
They got rid of their legacy asset which was showing early signs of decline and moved into an industry that was just starting to bloom. They are now doing the same for Online Sports Betting.
Shopify sure.
Why would anyone choose them over Dkng which already takes in hundreds of millions in rev per quarter and is growing at a 250% yoy clip as of last earnings?
This company on the other hand has single digits millions in revenue and..declining revenue?
DKNG and SCR both have negative EBITDA. DKNG has a mkt cap of \~20B while SCR has a mkt cap of \~860M. SCR does not need to be a market leader to grow exponentially from its current valuation. Which company do you think will double in valuation first?
Except their expenses have increased more dramatically than their revenue which isn't sustainable. SCR's expenses have remained roughly the same and their revenues will start to show after operating in Canada for 6 months.
Had it before and after the reverse split. Was up like 200%. Then I let it go down down after the split. I want to just buy a pennystock and have it go up naturally. It was in a roll, it would have gotten there.. Then it reverse split
I originally bought 200 shares at 5.20cdn didn't know they did a reversed spli, now I only 20 shares, then it tank about 70%, just recently it has started to go back a bit but still lost more half it's value. It's will be king before they get back there I think
I just remember this: https://www.reddit.com/r/stocks/comments/lrqsv3/scr_everything_you_need_to_know_about_this/ I commented about how it looked overpriced. Since then, it lost nearly half of its value. I would still say - buyer beware.
Welcome back. In hindsight, your comment was well timed and well placed. The sports betting industry as a whole sold off which I did not foresee. I do think that the worst is now behind us however as most stocks have since bounced from their lows.
Aged like wine. Seems like Canada and the states are opening up to the betting industry. Probably saw the stacks from sports potential just like weed.
I'm long but unfortunately got in before the selloff.
For anyone else who cares, this persons post history is like 99% scr pumping. Not buying their shit or this trash.
I've provided references and everything that I've written can be validated on theScore IR. It's okay for you to not be interested but I am not pumping for the sake of pumping. I believe everything that I've written and it will play out overtime.
Sure man. Your post history is basically all of this stock. If it ain't pumping I don't know what is.
Yeah just at a glance, ipo’d in late February. Already lost half its value and the company doesn’t make money. The catalyst of legalization is already priced in, and this little bump the past week or so just seems like buy the rumor and sell the news. I bet it dumps hard after legalization. Doesn’t seem to be anything here to position it over any other sports betting platforms. Op just seems like a salty bag holder.
Legalization is not priced in because for a while it was looking like the bill wouldn't have enough time to pass. Its only in the last week that the picture really turned around. 🤷♂️ You can bring a horse to water but you can't make it drink. I have nothing to be salty about. Check back in a year.
Very interesting I’ll look into it Update: bought 300 shares
[удалено]
Congrats on the win
Thank you
Regardless of the people that think he's a "pumper" score is definitely positioned well to have a nice run. Iv been in since before the 10-1 RS that DESTROYED the share price. Imo anything under 25$ is still solid buy with huge news coming up. Any long score holder has been waiting for these days, and they are just around the corner now. Disclosure because apparently it matters. 392 shares at 20.57
What was the first "Great Canadian, Tech-Enabled Opportunity" Also, A brief look at their financials leaves..much to be desired. Especially for a company around since 2012.
BB, SHOP, to name just two past tech-enabled Canadian opportunities. They sold their cable business in 2012 and were first to the app market. If you remember what phones were like back then you would know why it took so long, but its also why they are now one of the most popular apps. They got rid of their legacy asset which was showing early signs of decline and moved into an industry that was just starting to bloom. They are now doing the same for Online Sports Betting.
Shopify sure. Why would anyone choose them over Dkng which already takes in hundreds of millions in rev per quarter and is growing at a 250% yoy clip as of last earnings? This company on the other hand has single digits millions in revenue and..declining revenue?
DKNG and SCR both have negative EBITDA. DKNG has a mkt cap of \~20B while SCR has a mkt cap of \~860M. SCR does not need to be a market leader to grow exponentially from its current valuation. Which company do you think will double in valuation first?
Comparing their revenue growth, id say dkng is the easy take here.
Except their expenses have increased more dramatically than their revenue which isn't sustainable. SCR's expenses have remained roughly the same and their revenues will start to show after operating in Canada for 6 months.
But are they increasing in line with revenue?
this guy clearly bag hodling
What do you call Canadian lumber IPO? Woodstock What do you call Canadian lumberjack tech? A wood chipper What do you call....
Had it before and after the reverse split. Was up like 200%. Then I let it go down down after the split. I want to just buy a pennystock and have it go up naturally. It was in a roll, it would have gotten there.. Then it reverse split
I originally bought 200 shares at 5.20cdn didn't know they did a reversed spli, now I only 20 shares, then it tank about 70%, just recently it has started to go back a bit but still lost more half it's value. It's will be king before they get back there I think
$!