- This topic is empty.
-
Posts
-
@Shotgunpete 226672 wrote:
I’ll be rich, rich I tells ya
and then the beers are on you!!
I havent checked the financials of Cryptologic, but they have been around for a long time.
Out of curiosity, what did the other gaming companies price at?
I like the look of Sportingbet although brokers don’t tend to agree – Just think its priced too low and is prime for a buy out or merger
I am guessing the news of the potential sale will help you with the price
Hope it turns out well for you!!
@Shotgunpete 226672 wrote:
Well I finally took the plunge the other day. I said I would buy CryptoLogic Limited
(Public, TSE:CRY) if it went under 1.00 Canadian – I bought @ .94 cents (750 shares)2 seconds later it went down to .89 cents then down to .85 cents 2 days later
Now up to 0.979
If they ever got their act together (and the US comes back) I’ll be rich, rich I tells ya
Is there any reason why you bought on the TSE and not Nasdaq?
2.09 on the TSX (Toronto) and 2.16 on the NASDAQ
I’ve over doubled my $ – lets see how long I last until it goes to.10 and I say, “I should have sold”Just remembered we have this section on our site which is taken from the magazine – Could be very useful for people looking to invest in gaming stocks IGaming Index | iGaming Business Its basically an index we have on the top 30 gaming stocks with commentary since 2004
Thanks Alex!
Good luck to you on it Shotgunpete.
I bought a bunch of it in 2002, 2003 when they were selling on the nasdaq at $4-$5. The company was profitable, had a nice 2-3% dividend, and half of their share value in cash on hand. Rode it into the $30’s as the company was doing well. After the UIGEA in late 2006, and their management shakeup. Their new management making a bunch of stupid moves, the company became unprofitable, sold my position out in the 18’s in the later part of 2007. Watched them for a while after that. Every quarter they discussed how they lost money, but how the company would turn around and they would become profitable again. Broken record quarter after quarter. Would never own it again unless I could believe in the management. Owning a company with bad management is too much like gambling.
@tuleja 227258 wrote:
Owning a company with bad management is too much like gambling.
At least you have a random number generators and probability odds with gambling. With bad management, you just have stupidity!
@Shotgunpete 227204 wrote:
I have a question for you Alex, are london/england stocks in pence or pounds?
Pence I believe – We are in fact also a floated company but only a small penny share Electric Word PLC (ELE) Hopefully one day we will be a big share…
Oh and good news we are doing a free webinar next week on the iGaming Index iGaming Super Show Session Preview: iGaming Index | iGaming Business
