SKLZ Stock: 6 Takeaways From Skillz CEO’s Open Letter Today

investorplace2021-04-09

Today, the meme stock trade appears to be losing some steam. Investors in companies with heavy retail investor interest are down. Accordingly, investors in Skillz(NYSE:SKLZ) and SKLZ stock may not be ...

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Comments

ctanya
2021-04-21
ctanya
Why did it keep crashing? No clear answers $Skillz Inc(SKLZ)$(I don't have a position on this)
- Lynny:
  Short sellers?
Slowdownpok
2021-04-18
Slowdownpok
Good company but yet to become great company. It is required right strategy to execute to become great company!
Billie Lo
2021-04-09
Billie Lo
[比心] 繼續加倉！very big discount now add more.
- A蔓妲ReplyBillie Lo:
  haha..
- Billie Lo:
  Shopping time [梭哈]
- A蔓妲:
  yes... super sales
Tzengoes
2021-04-09
Tzengoes
Long hold on this. Good entry price with prices depressed more than 50% from previous highs at 17plus now. If roblox goes up, this will too.[財迷]
Hb_
2021-04-09
Hb_
This is a good stock to hold
Kel26
2021-04-09
Kel26
Good to hold some for now

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Investors in companies with heavy retail investor interest are down. Accordingly, investors in Skillz(NYSE:SKLZ) and SKLZ stock may not be ...</p>\n\n<a href=\"https://investorplace.com/2021/04/sklz-stock-6-takeaways-from-skillz-ceos-open-letter-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SKLZ","symbol_name":"Skillz Inc","start_time":0,"source_url":"https://investorplace.com/2021/04/sklz-stock-6-takeaways-from-skillz-ceos-open-letter-today/","article_id":"1174694875","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1174694875","pubTimestamp":1617953991,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Today, the meme stock trade appears to be losing some steam. 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Accordingly, near-term sentiment appears to be a bigger driver than ever today for this group.\nThat said, the company’s CEO has raised some interesting points in a recentopen letterto shareholders.\nLet’s dive into what that letter said, and why investors may want to reconsider this stock.\nOpen Letter Highlights Bullish Thesis on SKLZ Stock\n\nAndrew Paradise, CEO of Skillz,recently pennedan open letter on Seeking Alphain which he highlighted the growth potential of its e-gaming business.\nAccordingly, Mr. Paradise noted the 23% CAGR of Skillz as an indicator of this growth. Indeed, he notes mobile has become the fastest-growing segment of the gaming space.\nFurther, Skillz is well-positioned to capture market share in a rapidly expanding sector. The CEO notes the mobile gaming market is expected to grow to $161 billion by 2025, from just $86 billion last year.\n\n\nThus, the company’s 84% year-over-year growth rate projected for Q1 is something he’d like investors to focus on.\nSkillz expects to ramp up its Android footprint dramatically. Last year, Android made up 14% of revenues. Furthermore, Mr. Paradise noted this segment is growing 2 times faster than iOS.\nAdditionally, Skillz has its sights set on global growth. The letter noted the international market for mobile gaming is 4 times larger than the domestic market.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":371208252,"gmtCreate":1618934983676,"gmtModify":1704717225631,"author":{"id":"3569468280944828","authorId":"3569468280944828","name":"ctanya","avatar":"https://static.tigerbbs.com/e1422b7be4dfbf8a517d6f3557e4f567","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3569468280944828","authorIdStr":"3569468280944828"},"htmlText":"Why did it keep crashing? No clear answers&nbsp;<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>(I don't have a position on this)","listText":"Why did it keep crashing? No clear answers&nbsp;<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>(I don't have a position on this)","text":"Why did it keep crashing? No clear answers $Skillz Inc(SKLZ)$(I don't have a position on this)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/371208252","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4098922,"gmtCreate":1619055485251,"gmtModify":1680785049019,"authorId":3576275613425159,"author":{"id":3576275613425159,"idStr":"3576275613425159","authorId":3576275613425159,"name":"Lynny","avatar":"https://static.tigerbbs.com/7c0b8b78e97626dedf9ed61da1957ab7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":371208252,"type":1,"supId":0,"prevId":0,"content":"Short sellers?","text":"Short sellers?","html":"Short sellers?"}],"langContent":"EN"},{"id":379295655,"gmtCreate":1618740202577,"gmtModify":1704714498636,"author":{"id":"3551139414186896","authorId":"3551139414186896","name":"Slowdownpok","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3551139414186896","authorIdStr":"3551139414186896"},"htmlText":"Good company but yet to become great company. It is required right strategy to execute to become great company!","listText":"Good company but yet to become great company. It is required right strategy to execute to become great company!","text":"Good company but yet to become great company. It is required right strategy to execute to become great company!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/379295655","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348778016,"gmtCreate":1617969263135,"gmtModify":1704705440569,"author":{"id":"3569982147441048","authorId":"3569982147441048","name":"Billie Lo","avatar":"https://static.tigerbbs.com/2de8913068819a9735f0bb22ec7a5e72","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":3,"crmLevelSwitch":1,"idStr":"3569982147441048","authorIdStr":"3569982147441048"},"htmlText":"[比心]&nbsp; 繼續加倉！very big discount now add more.&nbsp;","listText":"[比心]&nbsp; 繼續加倉！very big discount now add more.&nbsp;","text":"[比心] 繼續加倉！very big discount now add more.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/348778016","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4034657,"gmtCreate":1618408160485,"gmtModify":1680784045651,"authorId":3577651105058225,"author":{"id":3577651105058225,"idStr":"3577651105058225","authorId":3577651105058225,"name":"A蔓妲","avatar":"https://static.tigerbbs.com/67011bc9ee75299633a6a00c16800337","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3569982147441048,"repliedAuthor":{"id":3569982147441048,"idStr":"3569982147441048","authorId":3569982147441048,"name":"Billie Lo","avatar":"https://static.tigerbbs.com/2de8913068819a9735f0bb22ec7a5e72","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.06","exceedPercentage":"93.67%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":348778016,"type":1,"supId":3997404,"prevId":3998044,"content":"haha..","text":"haha..","html":"haha.."},{"id":3998044,"gmtCreate":1617988307360,"gmtModify":1680783477523,"authorId":3569982147441048,"author":{"id":3569982147441048,"idStr":"3569982147441048","authorId":3569982147441048,"name":"Billie Lo","avatar":"https://static.tigerbbs.com/2de8913068819a9735f0bb22ec7a5e72","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.04.06","exceedPercentage":"93.67%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348778016,"type":1,"supId":3997404,"prevId":0,"content":"Shopping time [梭哈]","text":"Shopping time [梭哈]","html":"Shopping time [梭哈]"},{"id":3997404,"gmtCreate":1617981343104,"gmtModify":1680783466775,"authorId":3577651105058225,"author":{"id":3577651105058225,"idStr":"3577651105058225","authorId":3577651105058225,"name":"A蔓妲","avatar":"https://static.tigerbbs.com/67011bc9ee75299633a6a00c16800337","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348778016,"type":1,"supId":0,"prevId":0,"content":"yes... super sales","text":"yes... super sales","html":"yes... super sales"}],"langContent":"CN"},{"id":348716877,"gmtCreate":1617962809899,"gmtModify":1704705361212,"author":{"id":"3576501593185537","authorId":"3576501593185537","name":"Tzengoes","avatar":"https://static.tigerbbs.com/af59a666eb1460a60fe87aa537fcfaaa","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576501593185537","authorIdStr":"3576501593185537"},"htmlText":"Long hold on this. Good entry price with prices depressed more than 50% from previous highs at 17plus now.&nbsp;If roblox&nbsp;goes up, this will&nbsp;too.[財迷]&nbsp;","listText":"Long hold on this. Good entry price with prices depressed more than 50% from previous highs at 17plus now.&nbsp;If roblox&nbsp;goes up, this will&nbsp;too.[財迷]&nbsp;","text":"Long hold on this. Good entry price with prices depressed more than 50% from previous highs at 17plus now. If roblox goes up, this will too.[財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348716877","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":348475383,"gmtCreate":1617958033742,"gmtModify":1704705307566,"author":{"id":"3575084008680468","authorId":"3575084008680468","name":"Hb_","avatar":"https://static.tigerbbs.com/2e6b4bec98a0dbb1567834e4f467227b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575084008680468","authorIdStr":"3575084008680468"},"htmlText":"This is a good stock to hold&nbsp;","listText":"This is a good stock to hold&nbsp;","text":"This is a good stock to hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348475383","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348459861,"gmtCreate":1617956023053,"gmtModify":1704705273901,"author":{"id":"3571003730304627","authorId":"3571003730304627","name":"Kel26","avatar":"https://static.tigerbbs.com/a06b9e1fe81fc1f09149063082b90dc3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571003730304627","authorIdStr":"3571003730304627"},"htmlText":"Good to hold some for now","listText":"Good to hold some for now","text":"Good to hold some for now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348459861","repostId":1174694875,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":21,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1174694875"}