Is Sun Sports and Entertainment (SSPE) a good investment?
It's MMA in a cage just like the UFC. There's so much time in between UFC live events, I think this will take off and fill the gaps. They have a pay per view event on June 30th, 2007 featuring Jeff "Monsoon" Monson vs. Pedro Rizzo (both UFC stars) which caps off a USA vs. Brazil theme. What do you think? Is this a dumb investment or is there a chance it could launch? It's only .05 cents a share. Risking only a little could make good money if it's only moderately successful.
Investing - 4 Answers
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1 :
I would rate this investment right up there with playing slot machines. This is not investing, it is gambling, but if you want to do it, go ahead, but remember, you asked the question.
2 :
best to stay away from this one for now but it might pop back up on the radar soon. if your looking for high return picks check out http://goldenbullpicks.com they are incredible at making huge gains! they have made me some serious cash!
3 :
No, it is not a good investment. There are no information on the company's finance, management, and goal. Also, there are too much competition, especially the UFC. And the UFC have recently bought out one of largest mma organization, Pride. UFC-Pride now has a considerable market share, and there is little room for competition. Besides UFC you have other organizations such as Icon, WEC, IFL, and Bodog. If the stock goes up 1 cent you make $200, but if it goes down 1 cent you lose $200. Chances are it will go down. I
4 :
It's a pink sheet stock and pink sheet stocks are garbage. At a nickel a share, it's entire days volume was a little over $31000, and that was triple the average volume for that stock.
