Gan Share Discussion Threads

[remarkomsoc] 18/5/2021 18:47

Tiny revenue

[john09] 18/5/2021 17:36

Nice but the numbers are the numbers and this doesn’t make a profit

[mylands] 18/5/2021 17:32

Monthly Pennsylvania Gaming Revenue Tops $400 Million for Second Straight Month

The Pennsylvania Gaming Control Board posted reports today on its website that show that the combined total revenue in April 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $404,105,692, eclipsing the record for total revenue achieved in the previous month of March.

[john09] 18/5/2021 17:05

So glad I filtered John09

Less glad I’m still stupidly holding this at £2.50

[john09] 18/5/2021 17:03

Filtering doesn’t negate that you’re value halved because you only chose to listen to rampers

[mets333] 18/5/2021 16:48

Come to think of it no one expected this. Their first expected EPS was .02..... I think they came out with like negative .57 lmao

[mets333] 18/5/2021 16:40

Yes I understand shaker. I guess I feel a little stupid. When I bought this stock they were coming off a profitable quarter. I had no idea they'd go on to have 5 quarters and counting of burning thru money with no end in sight.

[shaker44] 18/5/2021 15:56

Filtered John09 months ago and glad I did looking at his volume today and responses to him from others.
I am no expert but my reading is that Dermot and team will react to good opportunities as they arise, in this rapidly growing sector, and that will take investment. So the way forward is necessarily uncertain. To my mind, that is better than them being constrained by a rigid financial plan, but it does call for an element of trust. Meantime it seems odd to me that investors piled into Amazon for example for many many loss making years, but throw their toys out of the pram if Gan doesn't produce instant profit.
I have bought more on the dips but I understand that holders who don't have the same trust in the exectives may move on

[john09] 18/5/2021 15:39

Erm it hasn’t dropped or raised ten cents mate 🤣

It’s wiped out a whole year of gains 🤣👍🥂

[mets333] 18/5/2021 15:36

Thanks for the response shaker. Thought it was just John and mylands going back and forth about who is a bigger loser every time it drops or raises ten cents. I guess my question is, when does the future start then? If there's still 25+ states who need to legalize, won't expenses continue to go up for 5 to 10 years while these states legalized? What is pathway to profitablity?

[john09] 18/5/2021 15:31

He says that allll the time toooo. Bore off

[mylands] 18/5/2021 15:30

Looks like we need the Smurfs to dip into their pockets to buy these and show confidence in the company. Sitting on the sidelines and watching the stock slip sliding away is not doing any good at all.

[shaker44] 18/5/2021 15:26

Keep the faith! Gan is still investing for the future. Be patient and you will be rewarded. Anyone selling at this level will be kicking themselves in a couple of years time. Rome wasnt built in a day

[john09] 18/5/2021 15:13

Mylands you massive twerp

[john09] 18/5/2021 15:10

And if you’d listened to dermy yesterday as his high pitch voice rattled through a script you’d think he’d turned water into wine . It was a load of flannel. Excited about this excited about that.

Is there a worse play on the online US gaming regulation

No

[john09] 18/5/2021 15:07

It was at this exact price 48 hours after ipo over a year ago lol

[mets333] 18/5/2021 15:05

Any of you guys interested in talking about the business model or have you guys also went to a board that just cheers when it goes up and cries when it goes down

[john09] 18/5/2021 15:05

For filtering (way) more experienced investors

[john09] 18/5/2021 15:05

What a mess

Serves one or two people right

[john09] 18/5/2021 14:57

£2.64 the price in old money 🤣

[john09] 18/5/2021 14:54

Biggest stock market rally ever last 12 months. This is identically priced 1 year on . Poor twerp

[mets333] 18/5/2021 14:53

She says we don't turn profit because they need to keep launch teams staffed. Won't they always need to keep launch teams staffed? Does this thing ever have a chance of making money? Every time revenues increase, expenses increase even more so we can " be ready for opportunities" I'm not sure I understand the business model..

[john09] 18/5/2021 14:47

He always says that