"not financial advice etc etc"

This one is pretty interesting and I still believe it's massively undervalued.

$SKLZ

Current Position:
$30C 3/19 Avg cost: $1.8
$30C 4/16 Avg cost: $3.70
Limit order in for $25 just to see if treasury yields affect the market on monday. Once i liquidize some positions, I'll be buying alot more into the common stocks.




Mobile gaming market early stages in growth.
Our proprietary platform revolutionizes and democratizes the mobile gaming industry and allows us to deliver gaming experiences that our player community trusts and loves and “levels the playing field” for every developer. We believe we are re-inventing competitive mobile gaming and thereby expanding the mobile gaming market. Our technology platform aligns the interests of developers and gamers with respect to user monetization, instead of putting them at odds. Traditional mobile games utilize in-game advertisements or purchases, which create friction in the user experience, hurting engagement and retention. By monetizing user engagement primarily through prizes, we create a compelling alternative for both developers and users for any competitive game. With our system, the more users enjoy playing in contests for prizes and the longer they play, the more revenue we generate for developers. This dynamic generates significantly stronger monetization for developers.



1A. Risk Factors
•Our rapid growth may not be sustainable and depends on our ability to attract and retain end-users.
•Our business could be harmed if we fail to manage our growth effectively.
•We have a history of losses and we may be unable to achieve profitability.
•We rely on our third-party developer partners to continue to offer a competitive experience in existing and new games on our platform.
•A limited number of games account for a substantial portion of our revenue.
•We rely on third-party service providers including cloud computing services, payment processors, and infrastructure service providers, and if we cannot manage our relationships with such providers or lose access to such services, our business, financial condition, results of operations and prospects could be adversely affected.
•Failure to maintain our brand and reputation could harm our business, financial condition and results of operations.
•The broader entertainment industry is highly competitive and our existing and potential users may be attracted to competing forms of entertainment.
•Our business is subject to a variety of U.S. and foreign laws, which are subject to change and could adversely affect our business.
•Failure to obtain, maintain, protect or enforce our intellectual property rights could harm our business, results of operations and financial condition.
•Economic downturns and political and market conditions beyond our control could adversely affect our business, financial condition and results of operations.
•The occurrence of a data breach or other failure of our cybersecurity.
•Failure to properly contain Covid-19 or another global pandemic in a timely manner could materially affect how we and our business partners are operating.


Revenue - 100% increase each year with a huge investment in Sales/Marketing.


Gross margins is roughly 95% which allows them to leverage and really increase EBITDA.



Net cash provided by financing activities was $296.6 million for the year ended December 31, 2020, which was primarily due to $246.5 million in net proceeds from the issuance of common stock in connection with the Business Combination, net proceeds from the issuance of redeemable convertible Series E preferred stock of $76.6 million, partially offset by $13.4 million due to taxes paid related to the net share settlement of equity awards, $10.0 million of debt repayments under our debt facilities, and $2.0 million in payments made towards offering costs.
Ending cash flow from financing activities



This post was edited by Linux on Mar 13 2021 07:58pm

Kathy Wood been buying and that gap to 30 filled but broke down. A green candle Monday would break the downtrend if it surpassed 31

This post was edited by Greater on Mar 13 2021 08:38pm

Bought more call options for April. $30, $35, $50

decent DD here

I still anticipate this as a good short and long term investment.
Revenue in 4th Q jumped 95% to 67.7M which estimation was 62.5. Solid thing for me is the gross revenue margin of 95% and a net loss so company pretty much didnt pay any taxes. SKLZ have shown they can make lots of revenue and it is anticipated for 59% revenue growth this year which could be around $366M

Still very volatile, but I am sticking with my gut on this one completely.

Considering.

Good include for risk factors.

This post was edited by obisent on Mar 15 2021 09:02pm

Grab an April $30 call. Premiums a little higher than I like but others are ok.

This post was edited by obisent on Mar 16 2021 09:58am

Sold my 3/19 and bought another 4/16.

got a few limit orders in at 31, 29.5, 27 just incase it goes into a downward trend

Strong volume today in SKLZ, main reason why premium is high. Wait till volume drops to get in for derivatives

Rip, went from +20% to -10%.

This post was edited by obisent on Mar 16 2021 01:28pm