Replies to post #9679 on Electronic Game Card, Inc (fka EGMIQ)

[Bodyimager]

Long here. still holding after three years..... have ridden this horse up and down twice now. Its getting old believe me.
Kudos for those that rode it up from 30 cents and sold.
Bought more at 1.37 just before the recent meltdown.. ouch.

as to the Scientific Games JV, that was suppose to end by early 2010 as I recall from the last quarterly conf call.
However, KD has been upfront about the fact that the company was more than a "game card" company, and that this was only one area of the company that would generate income.... but yeah, I'd like to know when/if they will aggressively market their "core" product to the rest of the USA lotteries, for heavens sake.

why the selling? it ain't Poken. This looks like a winner but to what proportion, who knows...

I believe the heavy selling has occured due to
1. market jitters...... richly valued in many areas right now.
many brokers I know are recommeding pulling back on stocks, etc.
i.e... reduce your risk

2. no guidance at all on the China deal...... I suspect that their visit to China went "okay"... meaning that this deal will taken longer than expected... which is, in the short term "bad news" for those that are trading this stock, or in it only for the China deal.



B

[chklingon]

I sold at 1.90ish and rebought in the 1.30 range. I had a nice green place to exit at 1.45 and did not. Oh well... Still holding and thinking that 1.90 will come again. Just may take a while like it did last time. It will be interesting to see what they say about Poken at this point.