Replies to post #118229 on ORIONS Money Stocks

[matt24d]

When you see a stock like EGT trade in a channel like it has. That tells me someone is buying steady. They are not buying enough to make the stock move but a little at a time. Like today we have a 44K share block hit the ask. That was more then half of today's total volume.

[matt24d]

When you see a stock like EGT trade in a channel like it has. That tells me someone is buying steady. They are not buying enough to make the stock move but a little at a time. Like today we have a 44K share block hit the ask. That was more then half of today's total volume.

[been there]

EGT. imo, ongoing news is scarce. This leads to a lot of guessing as to what's down the line. And with this kind of trading isn't chart reading compromised? That leaves good 'ole "level II" and matt24d does a great job of commenting on level II actions.

CEO did talk to 'wall street transcript' a while back.

Among other things, egt in partnership with a Casino in Cambodia where 600+ machines.

Some 1600 machines are taking in an average of 125 dollars/day.

Machines are placed on long term contract in the philippines.

Plus revenue stream from "gambling-junk" distribution ;And, they are into auto part distribution (as observed on egt, yahoo, profile.