tom_witte's HOFV Trade
-39.25
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Trade Detail
tom_witte's HOFV Trade -39.25
Trade Details
- Published
-
March 24, 2021, 1:49 p.m.
- Status
- CLOSED
- Portfolio(s)
- Broker
- Asset
-
Stock
- Symbol
- Type
-
Long
- Pattern(s)
-
BULL,
Featured Image / Proof
This has been no 'Featured Image' uploaded for this trade.
Auto-generated Chart BETA
Notes
HOFV, up by 74% to 7.02
Company characteristics
- Eps is 2.68 so positive as fuck
- Healthy company, with large insider buying in the last 3 months
- Revenue in 2020 is 7 mln.
- Dlpn 5/6 margin on revenue, so will increase the revenue of hofv, by 10 million, however this partnership is based on the ability to sell and buy content as NFT’s which is worth 10 mil for hofv, but is certainly is a bubble now.
- Hofv will open at 7.5, opened lower at 7.27
Market in favour:
- Spy is up up up, pre-market
Sector in supporting direction:
- Sector was a little bit in favour
- Competition was going up pre-market: DIS, DKNG, MSGS
Hot sector:
- The company was very hot now, selling NFL related games and recreational things
Short interest:
- Short interest 16%
Volume spikes into the breakout:
- Is going in both directions
Elevated Rvol:
- Rove is 600%
- Volume in before market open 17 mil
- Avg vol is 13 million
News catalyst:
- Partnership with DLPN to use NTF to sell their soccer games
- Could bring in a worth of 10 mil in revenue I expect.
- NFT certainly in a bubble, but as was the internet in it’s early days.
- Is a young company that is highly profitable
- Eps is 2.68 so positive as fuck
Technical levels on the daily chart:
- Pre-market high is at 8.1
- Support is at 6.8
- Resistance is at 7.2
Transactions
| Date | Side | Amount | Price | Commission | Reg Fee |
| March 24, 2021 13:48:04 | Entry | 50.0 | 7.35 | 1.0 | None |
| March 24, 2021 13:49:34 | Exit | 50.0 | 6.605 | 1.0 | None |
