Exchange: NASDAQ·Updated 07:32 PM EDT

MRDN Meridian Holdings Inc.

$11.23
$0.25
(2.31%)
Today
Closed $11.09
$0.14
(1.26%)
After Hours
EarningsOct 29
Mkt Cap$140.64M
Vol31,713.00

About MRDN

Meridian Holdings, Inc. engages in offering casino, sportsbook, and competition products. It operates through the following segments: MeridianBet Group, GMAG, and RKings and Classics For a Cause (CFAC). The MeridianBet Group segment includes revenues from retail sports betting, retail casinos, online sports betting, online casinos, and bars. The GMAG segment focuses on resale of third-party gaming content in the Asia-Pacific region. The RKings and CFAC segment includes revenues from pay-to-enter prize competitions and trade promotions, conducted through RKings in the UK and Classics in Australia. The company was founded by Weiting Feng and Anthony Brian Goodman in 2001 and is headquartered in Las Vegas, NV.
76

Extremely Bullish Sentiment

How do you feel about MRDN?

Larybaby1
$MRDN ... another quarter almost complete. Another profitable quarter expected and I expect the market to reward MRDN's share price with a solid increase. After treading water for a few years, we are starting to see the company meet or exceed profit targets. Since the RS to meet Nasdaq price requirements, the company has not diluted 1 share, other than the roughly 29K of compensation shares to company execs. Goodman continues to sell his holding in a controller fashion, not putting too much pressure on the share price. It will be nice when he's done and we don't have this continued drag on the share price, but on a good note, he's already down to about 5.5% now from over 10% ownership! The record of all of Goodman's sales were just released on Friday, and they seem to all be sold in the $13.00-$15.00 range, at an average of about 5k per day, which are easily absorbed when we can maintain 80K-120K daily volume. Expect increased volume days as traders start buying in before the release!
6
MicroFocus
$MRDN With whole Americas being less than 5% of total revenue, increased the stake at today's stock discount!
4
Larybaby1
$MRDN ... this same old low volume takedown us getting hard to stomach! For the life of me, I don't understand how volume here was much stronger when in the $13-$14.50 area, averaging about 70-100 million daily! Then we watch volume virtually disappear down to 25-30 million, the price erode to just shy of $11.00 and still, bargain hunters aren't all over this, especially with another expected solid quarterly coming due soon! Prior to the last quarterly release, these crooks dropped the price to around $10.75 before buyers flooded in and bought it back up to the $14 area over a few days. They've already stated that the Brazil 60 day gambling ban would have little effect as this was just a new emerging market. This drop is unwarranted considering they're still expected to exceed 50 million in quarterly revenues and over 200 million for 2026! This is overkill for no good reason!
3
Larybaby1
$MRDN ... at what point will this unjustified, low volume take down end? It makes it hard to absorb Goodman's sales with such low volume. I just don't understand what has changed in the last week or so of trading. Volume was averaging between 70-100K daily, then dropped to 25-35K... like ahead of the last quarterly, the price dropped for no reason. With the 3rd quarter numbers to be released near the end of October, things could remain stagnant here for a while yet unless bargain hunters start buying the dip.
3
ryancox1
$MRDN this low volume drop is short term as the Brazil news is immaterial to company as they released. A good solid Q3 earnings despite the Brazil news will bring some volume back to buying side and should get us back closer to $14. Earnings due in about three weeks.
2
KimJ03
$MRDN Many of you are stucked in a shithole. Because you only play with 1 direction. You can only pray, even options are not liquid and you cant protect it. So many lessons you can learn. But many chose to continue in a shithole and refuse to learn. Then continue playing with shit
KimJ03
$MRDN Didnt i tell you so? The gap is there to be filled. Thats why its an easy short. Thank you Mr Market
KimJ03
$MRDN Brazil revenue flagged. Haha a few longer holders going to drown with this company. Woohoooo my short profits are expanding haha

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