$SKLZ - Wolfpack, do you know people can look this stuff up? The largest existing shareholders sold less than 2% of their holdings in the offering. If I own 100 shares of $AAPL and sell 2 shares, that doesn't make me bearish on the company.
Wolfpack's short report on $SKLZ says "We’ve rarely experienced so many interviews with former employees who universally share such a negative opinion of their company’s CEO as we did with SKLZ and Andrew Paradise."
Compare to Glassdoor 85% CEO approval with nearly 200 reviews.
It took a few moments to disprove these claims, although no one seems to care. They also use personal anecdotes and unverifiable data which are impossible to fact-check. If they lied about easy stuff, fair to make the same assumption about others.
Just a bizarre ad hominem attack on @andrewparadise claiming he is not successful enough? What is this garbage. $SKLZ
I also emailed the NFL competition email tonight and got a quick reply. Just like the press release says, it will launch in a few months in Q2 2021.
Attacking $SKLZ during a correction in growth and their pre-ER quiet period where they cannot respond is no mistake.
This gets even better. Wolfpack claims their financial estimates are a farce due to a claim from a former employee, Eric Cooper, in a "recently settled" case. His own LI shows he left $SKLZ in 2015 and the lawsuit was dismissed in 2016! This is all public information, Wolfpack!
Another one from Wolfpack rejected by public documentation. (BTW asynchronous gameplay is actually ideal for mobile as you can pause while traveling, no lag issues, etc.)🤦♂️ $SKLZ
Update: The $SKLZ S-1 update referenced by Wolfpack "cash out" is due to Earnout share vest which is technically an acquisition and disposal. The existing shareholders did not sell any existing shares pre-merger. Only shares granted from the Earnout.
First introduced new board members which I spoke about.
First few statements about defending patents and stopping cheating as the core.
Focused on converting users to paid users.
$SKLZ CEO - We have been continually investing in synchronous gaming categories from RTS, FPS, racing genres. Synchronous content will expand our universe even more.
$SKLZ We have made significant investment in architecture for reliability and fast natured content.
$SKLZ In Q4 grew headcount by 64% (WOW). New investments in payments and software.
1/
After some thought, my mistake with #Bitcoin was taking its stated purpose(s) at face value.
Some $BTC proponents say it will be a global currency alternative to the dollar.
Some say its is simply an alternative to gold, aka an inflation hedge.
2/
I accepted that it could be both. A currency and a "gold" / inflation hedge.
Neither of those make $BTC interesting to me as a growth investor.
I have no interest in hedging inflation as I don't carry any cash. Stocks themselves are a hedge against inflation.
3/ I've never bought TIPS, gold, or REITS.
Likewise for other currencies.
I've never owned other currencies to hedge against the devaluing of the dollar. I simply own a few international growth companies to take advantage of it.
I have started a position in $SSPK.
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SPAC - $SSPK Silver Spike Acquisition Comp
They are merging with WM Holdings, Inc who owns Weedmaps. Founded in 2008. Lead by CEO Chris Beals. Former life-sciences attorney (important - will come in later).