SimBull MLB: Should Investors Sell The New York Mets?
Right off the top of this post let’s clear a few things up. Yes I am a Mets fan, and I am an owner of the SimBull MLB SimMets, so immediately there is a bias off the top. Second of all, I am not a financial advisor, so make your own decisions with your money.
Their current price in the SimMarket is $34.14 is still in the top ten of the overall market but has fallen almost two dollars since the end of July.
Why Sell
Writing this on August 10th, 2021, the Mets have a brutal stretch coming up against the National League West which is clearly the best division in the entire league. They don’t have a great outlook as far as dividends come for the next few weeks and their issues that have dropped them out of first place in their own division have not changed overnight.
Why Hold
Like the stock market, there are good runs and bad runs and that sentiment still is true in sports. The Mets division is still very much up for grabs, so if they can win some games down the stretch and get healthy at the right time their share price can rebound.
Why Buy
Broken record here, but “BUY THE DIP” is something I would say. Like I just said their division is very open and the best part about SimBull is these shares carry over for years to come and the Mets are going to compete for years to come.
My Thoughts
I am for sure not selling, so I am somewhere between hold and buy at the moment. With the expansion into CFB for SimBull, there is plenty of room for growth, so in a few years, their current share price can be laughed at. They were probably deadline losers, but as I said I am a sick Mets fan so what do I know.
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