Fidelity SPDR Advertisement
Home > Boards > US Listed > Gaming and Casinos > Entertaining Gaming Asia Inc (EGT)

EGT nice consolidation today and more!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
HockeyFan Member Profile
 
Followed By 7
Posts 170
Boards Moderated 0
Alias Born 03/08/12
160x600 placeholder
Current Report Filing (8-k) "Edgar (US Regulatory)" - 10/17/2014 9:05:51 AM
NASDAQ Grants Entertainment Gaming Asia Six-Month Extension To Regain Minimum Bid Price Compliance "PR Newswire (US)" - 10/17/2014 9:00:00 AM
Securities Registration Statement (s-1/a) "Edgar (US Regulatory)" - 10/15/2014 3:05:33 PM
Entertainment Gaming Asia Announces A Record Date Of September 15, 2014 For Its Proposed Rights Offering "PR Newswire (US)" - 9/9/2014 9:00:00 AM
Securities Registration Statement (s-1) "Edgar (US Regulatory)" - 8/13/2014 9:29:33 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 8/8/2014 9:36:48 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 8/7/2014 7:50:40 AM
Entertainment Gaming Asia To Report Second Quarter 2014 Financial Results On August 7, 2014 And Host Conference Call And Webc... "PR Newswire (US)" - 7/22/2014 4:05:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 6/26/2014 9:01:33 AM
Entertainment Gaming Asia Announces Agreements To Sell Dreamworld Leisure (Pailin) Limited And Terminate All Prior Agreements... "PR Newswire (US)" - 6/26/2014 9:00:00 AM
Quarterly Report (10-q) "Edgar (US Regulatory)" - 5/15/2014 1:01:39 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 5/8/2014 8:16:12 AM
Entertainment Gaming Asia Inc. Reports First Quarter 2014 Results And Provides Market Update "PR Newswire (US)" - 5/8/2014 8:00:00 AM
Entertainment Gaming Asia’s Dolphin Subsidiary Receives $3.3 Million Gaming Chip & Plaque Order for the New City of Dreams ... "Business Wire" - 4/30/2014 8:35:00 AM
Entertainment Gaming Asia’s Dolphin Subsidiary Receives $700,000 Reorder from Solaire Resort & Casino in the Philippines "Business Wire" - 4/28/2014 8:30:00 AM
Entertainment Gaming Asia Receives NASDAQ Listing Deficiency Notice "Business Wire" - 4/23/2014 9:00:00 AM
Entertainment Gaming Asia to Report First Quarter 2014 Financial Results on May 8, 2014 and Host Conference Call and Webcast "Business Wire" - 4/17/2014 9:25:00 AM
Annual Report (10-k) "Edgar (US Regulatory)" - 3/31/2014 1:37:00 PM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 3/6/2014 8:19:35 AM
Entertainment Gaming Asia Inc. Reports Fourth Quarter and 2013 Fiscal Year Results and Provides Market Update "Business Wire" - 3/6/2014 8:09:00 AM
Statement of Changes in Beneficial Ownership (4) "Edgar (US Regulatory)" - 3/5/2014 10:10:24 AM
Entertainment Gaming Asia to Report Fourth Quarter & 2013 Fiscal Year Results on March 6, 2014 & Host Conference Call & Webcast "Business Wire" - 1/27/2014 4:35:00 PM
Entertainment Gaming Asia Announces Conclusion of the Civil Action Complaint against the Company with All Claims Dismissed "Business Wire" - 1/21/2014 9:00:00 AM
Entertainment Gaming Asia Announces Update on Civil Action Complaint "Business Wire" - 12/19/2013 9:00:00 AM
Current Report Filing (8-k) "Edgar (US Regulatory)" - 11/5/2013 8:21:18 AM
HockeyFan   Thursday, 05/03/12 10:50:59 PM
Re: None
Post # of 3223 
EGT nice consolidation today and more!
This is a very good sign as EGT just keeps heading in an upward direction! The pattern of run, consolidate for a few days, then run again, then consolidate seems to continue.
I had to be away from my computer for most of the day but I was very happy to see EGT held above the $1.10 after a quick dip to $1.06 and then hit a High today of $1.20!!
I am going to load up some more shares tomorrow on any dip back to $1.10 if it happens but may have to buy a bit higher if it gaps up a bit in the morning.
IMHO I can see this stock going up at least another 40 to 50 cents between now and next Friday. The casino opening news should be good for a little pop and will attract those who are watching EGT but may have held off buying so far for whatever reason.
Another thing to note, is that EGT had a little short interest when it was around the $1 mark, but now that has dropped by the wayside.
So pluses I see going forward from tomorrow to May 18th (2 weeks from now):
1) Lead up to New Casino opening news
2) Very Low short interest which is understandable if shorters are doing their research on EGT
3) Institutional Funds are in EGT (see morningstar link: http://quote.morningstar.com/stock/s.aspx?t=egt) and the more this shows strength the more I think we will see more of these large buyers/funds enter the stock
4) Lower and lower Debt for the company
5) If you look at the 4 year chart you can see that the next resistance for EGT is really $1.60 then $2 after that. More mental than anything as it was so long ago it may not even really apply which means we are really more blue sky than anything.
6) 1st Qtr Financials on May 15th--if they are good, then this will breakout and make a run for the $2 mark
7) Could have additional news pop up anytime from EGT's subsidiary --Dolphin Products: http://www.egt-group.com/DolphinSubsidiary.html
8) And the great thing I think is that every time EGT seems like it is going to drop down, we see those large support buys come in.
9) increased volume!


EGT is going to be fun to watch these next 2 weeks!

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist