Gan Share Discussion Threads

[molatovkid] 22/11/2021 18:23

On the upside...Director buying by Seamus McGill

hxxps://www.conferencecalltranscripts.com/summary/?id=10140175

[molatovkid] 22/11/2021 18:18

There was a bizarre twitter post that Smurf sold as he had a margin call !

[festario] 22/11/2021 17:26

When CEO's sell shares at a two year low, you can expect nothing less.

[mylands] 22/11/2021 16:47

5% per day seems to be the order of the day!

[largeronald] 22/11/2021 16:41

And falling off yet another cliff...

[shaker44] 21/11/2021 17:37

Have the betting values been lower than anticipated, or a market correction because they each got bid up to high?
Seems odd as the commentary about US online potential still seems positive.

[molatovkid] 21/11/2021 17:09

Whole sector out of favour....if it was just GAN i'd be more worried,

GAN - Black
Penn National - Brown
Draftkings - Green

[shaker44] 21/11/2021 15:10

I've lost track of which states are expected to be next to implement online. Anything imminent?

[napoleon 14th] 21/11/2021 14:55

Other Smurfs are invested in this, quite heavily.
I wonder what they're saying to our CEO...

[mylands] 19/11/2021 17:33

Just noticed that B.Riley, the house brokers/advisors, reiterated one month ago to the day their price target of $26!

Of course they don't say when they think it will reach that price.

[garmin1] 19/11/2021 17:09

Poor optics by the management here. They call an investor day only a month ago to promote the company to investors and perspective investors. They tell everyone on that call what a great company they have and outline huge potential. The very next month management dump a significant amount of shares. In 20 years of investing, that’s a new one for me.

[mylands] 19/11/2021 16:51

Do you think the investor(s) who took DS's shares are happy bunnies?

Volume picking up with 829k traded after just over two hours.

Graph is from a horror movie.

[festario] 19/11/2021 16:42

Not long, as it transpires.

[festario] 19/11/2021 16:32

11 dollars seemed to act as support, but for how long?

[daveme] 19/11/2021 13:44

Motley Fool Round-Up

[molatovkid] 19/11/2021 11:36

I looked at another disclosure and he has 400,000 share options too

[mylands] 19/11/2021 09:02

It's just over 10% of his holding prior to the sales. Leaves him with 1,699,532 shares, still, at $11, worth just under $19 million.

Not surprising the stock was hit yesterday once the sale of the 17th Nov went up on the SEC Filings, adding to his sales of the 15th & 16th Nov.

[festario] 19/11/2021 08:54

That's truly shocking.Smacks of desperation.Why should anyone buy?

[mylands] 19/11/2021 08:52

Taking the two SEC Filings on the 16th & 17th Nov, showing three share disposals, they total excatly 200,000 shares.

Not an insignificant sum by the CEO, and all done at, or about, the lowest price since floating on NASDAQ.

[tvh123] 19/11/2021 08:16

He flogged another 155,414 shares on Wednesday

hxxps://investors.gan.com/websites/gan/English/3201/us-sec-filing.html?shortDesc=Statement%20of%20Changes%20in%20Beneficial%20Ownership&format=html&secFilingId=6db4e9ef-7082-4e9b-b628-ebedd3061567

Minimal B2B growth, increasing exposure to unregulated markets and the inherently less predictable nature of a B2C business with Coolet and CEO selling ahead of FY earnings.

Forget the $14-$18 range, this is going to be trading under $10 pretty soon if they miss guidance

[shaker44] 19/11/2021 01:17

Yep, on the way down from that $30 I bought more at $20 ahead of the bounce. Boing Boing... Gone!

[napoleon 14th] 19/11/2021 00:58

$30 in refrence to this - "2021 chart is a horror."

Hindsight is fine thing. Talk of $60 LTBH at the time, I remember......
Must have been that $500M turnover the Smurf is dreaming of!

Hey ho, ENT is looking droopy too, since Daftkings discovered reality.
Gaming & IT not in favour at the mo., so GAN hit on those two counts as well as figs.

[molatovkid] 18/11/2021 16:29

$30 a share ? No chance, we'd be doing well to get $16

[napoleon 14th] 18/11/2021 15:47

COOLBET doesn't get a mention in the results, but B2C profit down $2M. BetMGM been doing far better...
Customer acquisition cost up from US$30 to 45 per head, Q on Q, for 12K peeps.
So ebitda neutral, hence market reaction. Doesn't inspire confidence.

To my mind the Smurf needs to deliver something far more credible.
He has the gift of the gab, but these shares...... the market won't grab!
2021 chart is a horror. Someone bid $30/share for the company, please!