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I smell a good short. Let's see what level the price is set at and the level of hype in the market. If investors jump on this like it's going to be the next Fac
by marvin 13y ago
I smell a good short. Let's see what level the price is set at and the level of hype in the market. If investors jump on this like it's going to be the next Facebook, there could be a great opportunity here.
- antr 13y agoI am not a fan of King, but their EBITDA and Net Income are something that many (Valley) gaming companies wished they had. They have some very solid numbers for it to be valued at some random valuation, compared to, for argument sake, Zynga.
- adaml_623 13y agoI don't think it's a good short because you have no idea if you will have to hold the position for months or a few years before KING drops. And if it rises too much in the time before your predicted drop then the margin calls will bankrupt you.
- antr 13y agoAs Keynes well said: Markets can remain irrational longer than you can remain solvent.