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Saturday, May 15, 2010 5:03:39 AM
I haven't posted here before, but I've been a reader for quite some time.
To give you an idea of who I am:
- I'm in for 150.000 shares, with an average of 0,11$.
- I've already made a nice profit before, as in the past I doubled up on a packet of shares selling at 0,40. (If you look back on the chart, you can see that's already some time ago).
- I've been in from before the opening of the casino, I first purchased at 0,18 in June last year.
- I'm in Europe, so you may see me post very early in the morning.
With the financials out right now, and the other remarks I've read from Mr. Swank and Tyler, I feel now reassured in this stock. This has the potential of being a big winner for all of us.
I've learnt that looking at this share price everyday, or overanalyzing every news item can drive you crazy. But now we have the results out for first quarter
This is what I see as most important:
- gross profit is up from 215k to 387k.
This means casino is continuing to attract. (aided by events of course)
- On line gamblin already created 48k in revenue.
If this is just from the tests they did, we can can be quite reassured of the potential once they start up in june and the word gets out.
- New casinos are under way, without creation (for now) of debt or dilution
I'M PUTTING A NEW ORDER IN FOR MONDAY. If I can't lower my average further, pity, then at least I'll be helping pps go up again. This share would then be overweight in my portfolio, but I think it will be worth it.
This thing was double todays price before the casino was open. todays price is a joke. It should be at least 0,50$.
Furthermore, thank you sssneo, guyinmiami and sonystyle for some very valuable posts. If I win big, I might even sign up for the fishing trip.
![wink](/images/emoticon03.gif)
Tyler, if your reading this, a tip: Investors like certainty. Don't say financials will be out soon. SET A DATE TO IT, and stick to it. We don't care if we have to wait a couple of weeks to get them. Even if you have them earlier, release them on the given date. It'll be better for the blood pressure
![smile](/images/emoticon01.gif)
To other readers, good luck trying getting some shares monday morning. This may shoot up high, fast.
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