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What the heck is wrong with this stock. Everyday we go further down.
I think you have it right there will be no run right now. This stock is so oversold and so many people are holding bags and are not selling at these prices. Makes me wonder what would it take to make this thing fly. If we are lucky we will have a Christmas run. Last year we took off late Nov. early Dec. and then sunk. Pre Christmas run but no actual Christmas run. This stock has done nothing since except sink. Sorry to be a downer but what can I be seeing this thing do what it has done.
Thanks Chade014, I'm not giving up yet I have been here too long. I believe in this casino and it's owner.
"Great News" but why are we not exploding yet? This is what we have been waiting for all this time.
CGAQ up 17% so far!
CGAQ UP 15.80% so far today. Current price .0579 last time announcment of new casino price shot over .60 per share. Huge potential here!
CGAQ Completes 2ND CASINO Negotiation
Date : 06/02/2010 @ 3:19PM
Source : MarketWire
Stock : Caribbean Casino and Gaming Corp (CGAQ)
Quote : 0.053 0.0 (0.00%) @ 2:55PM
Caribbean Casino and Gaming Corp Completes Negotiation of the Santiago Location, Deal Expected to Close in Coming Weeks With Lau
MIAMI, FL -- (Marketwire)
06/02/10
Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) announced today, that it has completed its negotiation for its second location in Santiago, Dominican. The launch of the new casino will be expedited utilizing existing assets already in place that are included within the purchase negotiation.
CEO Steven Swank stated, "Our negotiations will certainly increase our stockholders wealth. The casino has minimal improvements needed and will be expedited extremely quickly. The staffing is in place and upon 4 weeks of operations we will hold our grand opening."
The negotiations for the new location were made within the realm of a liquidation sale. CGAQ estimates the final purchase price will be at a 65% discount.
Mr. Swank continued, "Making a purchase like this at such a discount affords a greater ability for growth in a shorter period of time. The economies of scale offered by having multiple locations include greater buying power for equipment, supplies, management and advertising. We are extremely happy and expect the deal to close in the next few weeks."
About Caribbean Casino and Gaming Corp:
Caribbean Casino and Gaming Corp (PINKSHEETS: CGAQ) is the owner and operator of the Sosua Bay Grand Casino. The corporation is focused on becoming a leader in the Caribbean for gaming and entertainment to include live betting in its partnership with Kenilworth Systems Corporation from cameras located above tables within the Sosua Bay Grand Casino. Not only will Caribbean Casino and Gaming Corp offer world class gaming and accommodations within its facilities for those visiting our properties, but also allow patrons to wager (where allowed) from the comfort of their own home or hotel room. The casino is now the centerpiece in the Sosua Bay Resort at Puerto Plata, Dominican Republic, the largest and most populated Caribbean Island.
FORWARD-LOOKING STATEMENT
This report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this report are made as of the date hereof and Caribbean Casino and Gaming Corporation undertakes no obligation to update such statements.
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Contact:
Caribbean Casino and Gaming Corp
Tyler Cornell
Investor Relations
Email Contact
631-765-8762
CGAQ gearing up for second casino, should be huge potential. Buy now!
Typical news out and we go nowhere's, what a piece of junk!!!!!
I find it hard to see it that way because I am averaged at .0035 and I don't want to buy more because it just keeps going down everyday. No end in sight except .0001
BANI was a great stock before they diluted the hell out of it. This stock had huge potential.
I Don't understand all the confusion we all bought in too late and too high and lost. Better luck next time.
I'm calling you crazy because this stock is sinking!
From the start here today it looks like we go even lower today. All of us who got in during the big rush guess what we are now holders til the next run! The party's over!
CCTR up 9.84% and still moving up!
CCTR is on the move up. Do you homework and you will see this is a company with a huge future.
In my opinion and good luck to all
same as yesterday and the day before and the day before and the day before, did I make my point?
6 weeks that's all for you try 6 months for me of nothing buy dilution! This stock is junk!
IMO the only thing that will get this thing going is a stock buy back. They have diluted this stock so much it is worth exactly what is shows everyday, nothing. This company I don't think can ever make enough money realistically to support the amount of shares out there. JMHO!
Don't forget to join the facebook page online. It is there for us to see what's happening. Tyler who is the admin on the site is there for us to answer our questions!
EOD .0019
not from where I'm sitting looks likes the roller coaster ride is over and now is going to stick a ton of people with worthless junk, like me.
I agree with you but now I think this answers all of our questions about why it doesn't jump. Too many shares out there! They diluted too much!
CCTR making a move this morning. Financials coming out next Wedesday. Said to be BIG
IF that's a big word here when you are staking your hard earned money. We may never hear anything worthy and end up at .0001 forever.
I fully agree loading time will be over very soon buy today at .0004 because soon it will be .0003 and then .0002 and then .0001. This stock has done nothing buy gone done. The pr's are full of **it! Last week we tried moving up and just couldn't do it.
me too! I unfortutely bought in when everything was flying fast but I went away for a couple of days and it took a nose dive and has been falling ever since. They seem like they have a great idea but I don't know if its because of dilution or mm's or what but we just can't seem to move up. We move one tick up trap more investors and then move further down. I beginning to think we just might see .0001 one day soon.
If this upticks one more I would then say we have a good chance to see this "train as you say it leave the station" otherwise this is it. The plane has landed and is completely emtpy.
I must say for as mad as us longs are here because of what happened yesterday and for a matter of fact of what's been happening here for several months with the price falling constantly I am glad to see today's pr. It was a first sign from them that showed they do care about us investors and are not just taking our money and running. They didn't have to put today's pr out but they did to help calm our fears. So now we all can just look at today's price as an opportunity to gain more shares at a great deal. GLTA!
Tomorrow we go live again and with no merger news or anything close I'm fearful everyone will be selling this stock into the ground desperate to get out.
Seems like CCTR is making alot of money on their investments, when can we expect to make some money on ours. Since I bought into this stock it just keeps dropping. What gives?
CGAQ up 20% so far today and some financials are still due out within a couple of weeks. Could be really big here!
Everything is looking great here it's a shame the rest of the market is falling the last few days. Investors are playing it safe. If the market was doing better I think we be doing much better. CGAQ needs to release the financials on a good market day. Today would not be as good for us as a green market day. JMO!
CGAQ up 5.71% so far today on huge news. Online gaming going live next month. Huge potential here!
I'ver been here for several months and the only direction I have seen this stock go is south. It may go up really shortly a mark or two but then just as fast it goes back down. There's too much debt with this company and way too much o/s out there. Good luck to all others here waiting like me for that big pop that seems to never come.
This is got to be one of the most controlled stocks. Today like many times in the past the ask moves up due to nice trading and then huge blocks get sold off at the bid price to bring the ask right back down. I have a feeling this stock will never go anywhere's. I do own here so I have no reason to bash. Just telling it like it is.
CCTR now up over 20% with every buy we are moving up!
cctr up over 15% this morning and still moving.
Some nice size buys going through. Is today the day we start making a move toward a a new high?