- DLPN shares exploded earlier this year on their announcement of entering the NFT space, but have now retreated to more attractive risk vs. reward levels.
- The NFT announcement was not "all hype," but DLPN's first foray into its long-planned Dolphin 2.0 initiative.
- Dolphin 2.0 is only possible now that the company has become a "super group" of PR and marketing firms.
- Dolphin 2.0 could transform the company, with DLPN beginning to take equity stakes in events/products they promote.
- I believe DLPN's downside is relatively minimal compared to the possibility of 120-175% upside over the next 12-24 months.
For further details see:
Why I Am Letting Dolphin Swim In My Portfolio