So I was looking at GAMB again (fuck my life) and according to the headlines they beat their earnings estimate with an EPS of +$0.37 but then when you look at the Seeking Alpha chart it actually indicates a miss with an EPS of -$0.37 which breaks the psoitive trend of previous quarters. Is this a glitch or what?
I assumed the near 20% crash on earnings was caused by the $7M stock dilution and the $200M dilution anouncement, but others have claimed the large batch is not intended for execution and the small batch is offset by buybacks. So was the dilution actually a nothingburger and it's crashing because of a massive, unexpected earnings miss instead? That would be even worse probably, since the cash from dilution could at least be used for a big acquisition or something.
What's even going on anymore. Fuck this stock bigly and fuck gambtard. I'm going to locate that island.