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I think you'll be able to buy some at 4p before Christmas, if you want to Mr Law. I may be wrong, but it's a darn sight more likely than these going above 10p.
helx I hold no Bidstacks shares, looking for a low entry point and I think it's getting close to my buy point. 5p would be nice, might get it early next week if I'm lucky.
For you to be right about going to 4p the recent updates from Bidstacks about them expecting revenue to be 2nd half heavy would have to be wrong.
Yes, they might well be diluting shares next year, but some of that pain should be offset by an increase in revenue. An increase in revenue should increase the SP, if they dilute further some of the SP increase from the revenue will be lost. Seems unlikely it would push the SP down as low as 4p though.
4p is more likely this side of Christmas if there's no signs of a revenue increase. There are good signs of an increase in activity, more games onboard, indications of advertisers like Boohoo (Boohooman ads is how I first found and became interested in Bidstacks). So dropping significantly seems very unlikely or at least dropping because of what Bidstacks does/doesn't do is unlikely, there's still a pandemic with lockdowns etc... and though it doesn't look like we'll see a repeat of the March 2020 stock market fall, who knows for sure.
I'm playing a risky game waiting (could miss out), if big news hits say Monday morning the SP jumps and I'd have to pay 6p+: could have bought today for under 5.5p, there were multiple buys at 5.411.
Then, for the 673th time, sell up and **** off.
UFO
Apologies....CTO. I did actually mean that, but thanks for correcting my mistake.
CTO
Couldn`t resist a buy at this price, prices are being held down allover due to the US elections.
The beauty of Bids is that it shouldn`t be affected by whoever gets in if you look at the big picture...advertisers are still desperate to make up the shortfall of revenues in real world sport, and the gaming industry is exponentially growing like the Big Bang!
The Bidstack Group technology is exactly suited to the `advertising within gaming` sector, and at just the right time of development.
My buy today is a trading buy, because price is at the low point of its trading range, and a bounce looks likely, especially with the daily stochastics being so oversold.
https://www.tradingview.com/x/t1Fsewqy/
The only thing to ruin my trade would be some bad company news, and I`m not sure if I can envisage anything new in their development that wasn`t anything but positive lately...a shortfall in revenues would be player....obviously, but that would only delay the inevitable eventual rise in my opinion, because of the position Bids is in, with all things considered.
As long as they continue to develop the technology in to what the advertisers and developers want then its only going to be a matter of when the market catches up.
Exciting times for Bids holders, far more potential to make money from here than it was 12 months ago.
#This Is Just The start