Those statistics make Viggle very interesting despite the CEO's incompetent actions. If the company is sold before dilution destroys all shareholders it may go for $4-$5 bucks a share and would be a steal for a larger media company.
I have been right on this stock for the last two years and have made a number of well timed trades. My analysis is accurate. The CEO is slime and the operating expenses are too much for a company with no cash that keeps raising money every quarter as the stock drops. However, the concept is great and the subscriber numbers are very valuable. Therein lies the rub. MasterDbag
the subscribers will be 10 million any day now...that is a valuable network...worth $50 per sub
I love the concept of Viggle and the strategy. With over 10 million subscribers that is real value as a network in itself. If you just value each subscriber at $50 you get 500 Million valuation. If Sillerman wasnt CEO I would own this very large..he is the only weakness to this story.
i dont care about draftday..its garbage...viggle has 10 million subscribers that can be monetized
that is not their model. its an advertising network model. the advertisers pay for every view
huge difference. draftkings/fanduel pa the prize money from revenue. advertisers pay for subscriber views and in turn pay for prizes
The Network Viggle has created with over 10 million subscribers is the Value. If they can increase their footprint and monetize viewers this will be a Billion company. They need more content deals. Obviously they continue to need cash for operating expenses but they are doing it intelligently and are not diluting shareholders at this low stock price. The Viggle Network could be sold for $5-10 today. Wetpaint and Draft day are just extras.
Who cares what you are doing!!!! One day you will wake up and ua will be $70 without splitting and you will wonder why.
They have created a huge network of over 10 million registered users. Short term earnings are meaningless...Yahoo or a large Media company will pay up big for this reach.
Yes and Yes they have been bleeding money, were late on new engine standards, warranty expenses are part of business. I know their debt issues and other liabilities with fines etc...all this is why the stock is $13-$14 down from $75. $6 Billion enterprise value is way too cheap. Having all the operating history is relevant becasue they have operated in bad times before and have an established sets of standards. Brands, IP etc....is valuable.
Viggle has over 10 million users and Media companies are dying to tap into their network. Viggle has some huge partnerships that they are working on that will make this a Billion company.