Aight if mods ban this nothing I can do. Clearing up a few concerns listed on last post regarding if merger if finalized.
https://preview.redd.it/a7bzri8anwb51.png?width=846&format=png&auto=webp&s=f95efe2144ba6f4da0281542a28a91e5e4abddae
Added to sports betting ETF giving investors way more confidence about the merger. This was posted 2 hours ago so this will be a catalyst driving LCA up tomorrow.
Those who showed interest will get extra DD. Ill answer any questions in the comments.
LCA- SPAC merging into GNOG during Q3 (september octoberish). Online gambling company positioned in the sports betting industry.
https://preview.redd.it/564r8p1onwb51.png?width=1025&format=png&auto=webp&s=fde5cfc447634cc25490c658fe73ee2999a6457e
Important look at management.
https://preview.redd.it/xojlumclnwb51.png?width=1031&format=png&auto=webp&s=b98afd4dec316158d1ef66707409f0e561a085ec
Tilman is the owner of the Houston Rockets with a net worth in the billions. Also the recent push on stock price is due to Cramer giving positive feedback on the company and that management delivered on its promises of closing the awaited Michigan deal giving LCA more exposure.
https://preview.redd.it/7rhhz31rnwb51.png?width=1147&format=png&auto=webp&s=5dc56afe874e7cc5fc266abbab0ed5928a72e6e2
Announced last to last week.
https://preview.redd.it/qgc1wre1owb51.png?width=312&format=png&auto=webp&s=c4b63f256464f28b035c71b1e6b130b8399ee16e
The next week Tilman delivered.
Comparison with main competitor DKNG
Dkng- 10B market cap and is not profitable. DKNG was a good investment in the 20 buck range but now its already half way up.
LCA- 500 M market cap and is already profitable being the leader in New Jersey already so as states expand towards legalizing online gambling, LCA is in the best position to dominate.
Legalization being pushed BUT IS NOT why this play is so attractive.
https://preview.redd.it/9w72g5l6owb51.png?width=455&format=png&auto=webp&s=e4c94d42d0df94386f397068c4936e5cb6056305
With the NFL opening up during August, this will be a catalyst for LCA as they have positioned themselves into sports betting. Even for some reason the NFL closes, more traffic to LCA's online casinos. Win win. Main thing I am saying is explosive growth while being COVID PROOF.
TECHNICALS.
EDIT: OUTDATED AND LAZY TO REPLACE TECHNICALS. OVERSOLD AF RN
https://preview.redd.it/osszi7dbowb51.png?width=198&format=png&auto=webp&s=51d341dd5acca26d1e442eeecdc2464838ff9fbc
LCA has a SMALL ASS float. So on news this runs hard as hell. When LCA starts running prior to the merger expect huge FOMO psychological effect for investors piling in an undervalued comapny and the share price just explodes.
https://preview.redd.it/qmwfp56howb51.png?width=274&format=png&auto=webp&s=5859a00af6b6ea64d399844e3e700ee376b49b8c
MACD and VWAP line flirting with each other for a crossover. This might bring a technical breakout due to the NFL news released this weekend. Never base plays on technical analysis but this is nice to support your plays.
People say that "Oh Americans have no money how will they gamble"- well gambling is sadly a poor man's mindset. Desperation and hope fuel gambling which is very apparent in this mindset. Rich or poor, current economic state has little to do with LCA's stock price, so no worry in this aspect.
https://preview.redd.it/s1ngwcykowb51.png?width=669&format=png&auto=webp&s=96f69784a8a631caa11b04235b8a37530393e41f
Profitable with huge growth ahead!
TLDR: LCA is an undervalued company in one of the 2 hottest trends: SPACs and Online gambling and sports betting.
My positions: 9/18 $15 C and a shit ton of shares. Looking to add more calls on monday if price is right.
I would say an entry below $14 in calls and shares is phenomenal for the move coming here.
I entered my calls and shares at $13.11 ish
I put a starter positon at $14 and added heavy at 13s and 12s.
https://preview.redd.it/piebj6ypowb51.png?width=1913&format=png&auto=webp&s=7ba68ea91d8f12f7f91b5d9f1addaab7ef8f4a44
RH for u autists
I bought around there and kept averaging down. Under $14 would be my recommended entry.
DO YOUR OWN DD AS WELL.
EDIT: AFTER REPOSTING THIS NEWS CAME OUT LCA BEING ADDED TO A SPORTS BETTING ETF.
https://www.benzinga.com/trading-ideas/long-ideas/20/07/16681856/sports-betting-etf-adds-fertitta-spac-ahead-of-golden-nugget-onlines-nasdaq-debut?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+benzinga%2Fetfs%2Fnew-etfs+%28Channels+-+ETFs+-+New+ETFs%29&utm_content=Google+Feedfetcher
Under $15 is the highest entry. Do not chase above.
submitted by Scared_Bearrrrr to smallstreetbets [link] [comments]
https://preview.redd.it/a7bzri8anwb51.png?width=846&format=png&auto=webp&s=f95efe2144ba6f4da0281542a28a91e5e4abddae
Added to sports betting ETF giving investors way more confidence about the merger. This was posted 2 hours ago so this will be a catalyst driving LCA up tomorrow.
Those who showed interest will get extra DD. Ill answer any questions in the comments.
LCA- SPAC merging into GNOG during Q3 (september octoberish). Online gambling company positioned in the sports betting industry.
https://preview.redd.it/564r8p1onwb51.png?width=1025&format=png&auto=webp&s=fde5cfc447634cc25490c658fe73ee2999a6457e
Important look at management.
https://preview.redd.it/xojlumclnwb51.png?width=1031&format=png&auto=webp&s=b98afd4dec316158d1ef66707409f0e561a085ec
Tilman is the owner of the Houston Rockets with a net worth in the billions. Also the recent push on stock price is due to Cramer giving positive feedback on the company and that management delivered on its promises of closing the awaited Michigan deal giving LCA more exposure.
https://preview.redd.it/7rhhz31rnwb51.png?width=1147&format=png&auto=webp&s=5dc56afe874e7cc5fc266abbab0ed5928a72e6e2
Announced last to last week.
https://preview.redd.it/qgc1wre1owb51.png?width=312&format=png&auto=webp&s=c4b63f256464f28b035c71b1e6b130b8399ee16e
The next week Tilman delivered.
Comparison with main competitor DKNG
Dkng- 10B market cap and is not profitable. DKNG was a good investment in the 20 buck range but now its already half way up.
LCA- 500 M market cap and is already profitable being the leader in New Jersey already so as states expand towards legalizing online gambling, LCA is in the best position to dominate.
Legalization being pushed BUT IS NOT why this play is so attractive.
https://preview.redd.it/9w72g5l6owb51.png?width=455&format=png&auto=webp&s=e4c94d42d0df94386f397068c4936e5cb6056305
With the NFL opening up during August, this will be a catalyst for LCA as they have positioned themselves into sports betting. Even for some reason the NFL closes, more traffic to LCA's online casinos. Win win. Main thing I am saying is explosive growth while being COVID PROOF.
TECHNICALS.
EDIT: OUTDATED AND LAZY TO REPLACE TECHNICALS. OVERSOLD AF RN
https://preview.redd.it/osszi7dbowb51.png?width=198&format=png&auto=webp&s=51d341dd5acca26d1e442eeecdc2464838ff9fbc
LCA has a SMALL ASS float. So on news this runs hard as hell. When LCA starts running prior to the merger expect huge FOMO psychological effect for investors piling in an undervalued comapny and the share price just explodes.
https://preview.redd.it/qmwfp56howb51.png?width=274&format=png&auto=webp&s=5859a00af6b6ea64d399844e3e700ee376b49b8c
MACD and VWAP line flirting with each other for a crossover. This might bring a technical breakout due to the NFL news released this weekend. Never base plays on technical analysis but this is nice to support your plays.
People say that "Oh Americans have no money how will they gamble"- well gambling is sadly a poor man's mindset. Desperation and hope fuel gambling which is very apparent in this mindset. Rich or poor, current economic state has little to do with LCA's stock price, so no worry in this aspect.
https://preview.redd.it/s1ngwcykowb51.png?width=669&format=png&auto=webp&s=96f69784a8a631caa11b04235b8a37530393e41f
Profitable with huge growth ahead!
TLDR: LCA is an undervalued company in one of the 2 hottest trends: SPACs and Online gambling and sports betting.
My positions: 9/18 $15 C and a shit ton of shares. Looking to add more calls on monday if price is right.
I would say an entry below $14 in calls and shares is phenomenal for the move coming here.
I entered my calls and shares at $13.11 ish
I put a starter positon at $14 and added heavy at 13s and 12s.
https://preview.redd.it/piebj6ypowb51.png?width=1913&format=png&auto=webp&s=7ba68ea91d8f12f7f91b5d9f1addaab7ef8f4a44
RH for u autists
I bought around there and kept averaging down. Under $14 would be my recommended entry.
DO YOUR OWN DD AS WELL.
EDIT: AFTER REPOSTING THIS NEWS CAME OUT LCA BEING ADDED TO A SPORTS BETTING ETF.
https://www.benzinga.com/trading-ideas/long-ideas/20/07/16681856/sports-betting-etf-adds-fertitta-spac-ahead-of-golden-nugget-onlines-nasdaq-debut?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+benzinga%2Fetfs%2Fnew-etfs+%28Channels+-+ETFs+-+New+ETFs%29&utm_content=Google+Feedfetcher
Under $15 is the highest entry. Do not chase above.
