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Why would the cusip change cause shorts to burn?
CNBC interview today about internet gaming.
http://video.cnbc.com/gallery/?video=3000022691
bid just about back to the same level before the incident
I wonder if there really is only 100 shares size at the bid and ask. It seems like the market makers do not want to show the true size. Rarely will I ever see more than 100 shares on each side. Perhaps someone got scared and sold everything at the market.
I agree. I initially bought this stock on the idea that a live dealer will overcome the fear of mistrust by many potential customers that want to play at an online gambling site. I remember playing online back in 2004 at a casino run by Stanley Ho (DrHo888.com). They had live dealers from the island of St. Vincent. Of all the online gambling casinos, that site was the best gaming experience that I ever played. They had a chat box and you could talk with the dealer as well as the other players at the virtual table. IMO, CGAQ needs to get this vital part of their business plan fixed and up and running as soon as possible.
Yes, I bet good luck will come to all of us!
Who thinks BCCI could move higher again? Why should JAM* have all the fun.
News today at 6:50 AM ET : Baristas Coffee Co. is Today's Focus Stock on MicroStockProfit.com
Good point!
I'm sure glad I didn't sell my shares yesterday. Still wish BCCI didn't have that unpaid worker stigma against them...can you imagine how much more we would be up?
Conference call on BCCI?
I believe you are right. Even so, the owners should come out with some pr to say that this is an unacceptable business practice and will not be tolerated. This type of problem can bring down the entire business. They need to nip this potential problem quick. Especially now when the company is in expansion mode.
Quiet today. No news is good news, right?
At least 16 workers, maybe more http://www.kirotv.com/money/27027167/detail.html Hope it is not as bad as it seems!
Why would this stock go up so much last week with the overhang of unpaid workers? Did the company settle these allegations?
I believe they were at an iGaming conference yesterday.
An article about a recent meeting from the gambling industry to gain momentum on federal legislation regarding on-line gambling.
http://www.vegasinc.com/news/2011/may/05/gaming-industry-sees-narrow-window-pass-internet-g/
If internet gaming doesn't pass this year, would that benefit ATIG because it seems to have the right product within casinos on indian reservations?
Does anyone want to step up and buy or sell today?
ARCA is an ECN, Archipelago bought by NYSE.
I hope this stock turns into another GMCR!
Do you have a link to that article?
On her Wikipedia page, Valerie Red-Horse was "the former CEO of an insolvent Financial Industry Regulatory Authority (FINRA) broker/dealer Native Nations Securities, which was the brokerage behind the largest payout in Securities Investor Protection Corporation history." I hope her luck changes here with her association with ATIG!
Jonah H brings up some valid points. How is CGAQ going to fund all of these new potential lines of business?
Also, the share price of IGT barely budged on the news while we did not go down big. Looks like this news will not hurt us.
Long 853,250 shrs @ 0.032
Yes, thanks for sharing!
What is IBOX?
What did you ask him and what did he say?
I hope the after hours quote lasts into tomorrow's open :)
I just hope that Roberto has given us accurate information in prior posts. Saying Armando has nothing to do with CGAQ is a little off the mark when he currently owns millions of shares. (I'm still Long but a bit worried.)
Then why does it say in the latest annual report that he has an equity position in CGAQ? On page 15 of the latest report, Armando owns 15,140,854 shares of common.
hotstocked really doesn't like this stock...too bad for them! perhaps that is why we got this selloff gift.
Congrats, i only got 2.8M but happy
i agree. i got in at .0022 (but watching since .0009) and i'm not selling :)
i know but thursday was a panic
I agree. Let's stay in control of our emotions and see the long term picture.
What's Thunderball?
you are right. they appear to have a viable plan of action.
Let's hope he is more like Steve Wynn or Sheldon Adelson, not Madoff.
Great video, 1miillto1! After watching it, I went to the website that created that video. There is a link to the Poker Players Alliance website where you can automatically send an email to members of congress for your support of legalized and regulated online gaming. I'll post the link to the form below. You can edit the text to reflect your opinions about the pending legislation, specifically HR 1174. The more emails and letters we send to our legislators supporting regulation of online gaming, the better for us all!
http://www.capwiz.com/pokerplayersalliance/issues/alert/?alertid=42191521&type=ML
Here's what I said to President Obama and my members of Congress in the text box:
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I am writing to you today to express my frustration and disappointment with the Department of Justice's (DOJ) recent actions regarding the online poker industry. Rather than protect U.S. consumers, those actions have instead dramatically harmed them.
It is the role of the U.S. government to protect its citizens. According to the federal government, laws governing online poker are ambiguous and unclear at best. Recent events serve as a terrible reminder of the immediate need to license and regulate online gaming in the United States. Please support H.R. 1174 to protect my rights as a consumer.
Thank you for your consideration.
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