Replies to post #6970 on Electronic Game Card, Inc (fka EGMIQ)

[wmthecommoner]

I have conviction in this company. The $8-9 prediction is Ian Cassel's---the $3-4 is Merrimans----to get to the higher goal that Ian states (and I would concur) you need to get clarity that penetration of ChinaLot and Poken to get Sales and EPS up to support that PPS Level. Merriman does not include those opportunities. I suspect shortly both ROTH and MERRIMAN will update there analysis and PPS Targets.

So layer on additional contracts and more visibility of the stock that come with announcements and 2010 is a Wild Card of sales and earnings. Ian has mentioned that he believes sales for 2010 will be 60 million (FROM 2009 of 17 million) so that is a huge increase. That type of carrot potential and you get price action that will allow PE Expansion.

Will not be a straight line up, just like the last six month run from about 50 cent (Not the rapper LOL) to now has had its fits and starts. HOWEVER even at current PPS I sure as hell would not be short on this stock.