Martin Shkreli said in a post on X, formerly Twitter, that the float of SharpLink Gaming (SBET)is under 2M shares. The 69M shares issued are subject to a registration rights agreement, which wont be effective for months, Shkreli added. “he effective tradeable market cap is ~$130m.” Shkreli also noted that he “may go to 500-1000” shares, adding that he “bought small” and saying “do not buy.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBET:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue