MGAM--Insider purchase just came through. Director purchased 25,000 shares at $4.58. Stock closed today at $4.48. This stock has a year trading range of $3.43 to $6.50. Company just issued plans for a three year stock buyback plan of 15 million shares. Average volume is just ok, float is good, this could be a good play, 10%'er at least. Do your own DD!
Insider data provided by www.scumfish.com
Losing
Multimedia Games, Inc. designs, manufactures and supplies standalone and networked gaming systems. The Company's standalone player terminals, server-based systems, video lottery terminals, electronic scratch ticket systems, electronic instant lottery systems, back-office systems and bingo systems are used by Native American and commercial casino operators, as well as state lottery operators in North America, and the Company's electronic bingo and lottery systems are deployed in certain international markets. The Company also provides server-based gaming systems known as central determinant and downloadable systems. These systems are used by the Company's Native American gaming operator customers in both Class II and Class III settings by its commercial casino customers, by operators of charity and commercial bingo gaming facilities, and by lottery jurisdictions for operation of their video lottery systems.
