Larybaby1
Oct 19, 6:35 PM
$MRDN ... peeps just don't get it here! This ticker has taken a 20% haircut in the last month over the Brazilian government's 60 day ban for online gambling. All of which is being faught in the courts. The company just began in Brazil in recent months and already made a press release that it will have little impact on the company. We also have financials coming for the 3rd quarter in the coming weeks, and after reporting reduced debt, increased revenues and increased profits in the last 2 quarters, I don't see anything but more positive results! The Brazil license still in limbo are already baked in to today's price. If results are what I'm expecting, there is no reason to run back up to
$14 and higher! Throw in a court win in Brazil and the return of the ability for online gambling, and this could really have a nice upcoming run up!
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