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Media Corp (Gaming Corpoartion GMC)Attracting Some Big Names. (MDC)     

goldfinger - 05 Dec 2003 00:33

Up nearlly 15% today and I beleive there could be more to come.

Evil Knievil has tipped it on EvilCast and has bought in 100,000 worth of stock a notifiable interest. He rates the management very highly and says they are attracting all the big bookmakers to the online casino site including punters the likes of William Hill, Chandler, and Ladbrokes. The company are now running at a profit every month and should break into a yearly profit from the years previous loss very soon. The company also ownes in partnership with a Swiss firm Boss another casino site and by all accounts that is doing well.

Im looking at this one as a momentum play pretty high risk as there are competitors out there but I feel the management will give it the edge.

Please DYOR, and remember you are responsible for your own buying and selling actions.

cheers GF.

daves dazzlers - 28 Feb 2005 08:02 - 199 of 1117

Looks like this is going all the way to the moon,it mybe a job to sell soon.

jimmy b - 28 Feb 2005 08:08 - 200 of 1117

A lot of buys comming up as sells,, i bought and it was put down as a sell..
dave,,why maybe a job to sell soon ???

EWRobson - 28 Feb 2005 08:18 - 201 of 1117

Hi jimmy: Dickens of a job to get some this morning; even the MMs didn't know what was going on. CFD at 22p although it has come back a bit - folk with 'stop gains' in place! lol! Where are you - I'm Beckley or just out of it. Must meet up and have a chat over a glass some time. Great to go to Florida with this weather which just keeps going on and on. Can't think why Dave is thinking about selling when they are going on to 60p!

Eric

daves dazzlers - 28 Feb 2005 08:29 - 202 of 1117

Hope i am wrong just a feeling,but whats its true value ,,who knows and who cares.

jimmy b - 28 Feb 2005 08:33 - 203 of 1117

Hello Eric, im in Hastings,,yes i would like to meet up sometime.. I used to eat at the Rose and Crown in Beckley Hav`nt been there for a long time..
Cheers JB...

brain2brain - 28 Feb 2005 08:47 - 204 of 1117

Just got into these this morning.

Can someone tell me what a B trade is?

B2B

IanT(MoneyAM) - 28 Feb 2005 08:50 - 205 of 1117

B2B,

A 'B' trade is a broker to broker trade. A transaction between 2 broker firms,

Ian

AdieH - 28 Feb 2005 08:51 - 206 of 1117

Broker to Broker

dclinton - 28 Feb 2005 08:51 - 207 of 1117

Just got into these, as well. iDealing had no problem getting them, though HoodlessBrennan couldn't supply them online.

brain2brain - 28 Feb 2005 08:58 - 208 of 1117

Many thanks for that folks. Presummably then their inclusion in the sell column is a little misleading and there are in fact far more buys than sells!!

I had to phone Hoodless to get mine.

Looks like after the initial dip they are beginning to pick up.

B2B

AdieH - 28 Feb 2005 09:36 - 209 of 1117

Even Ian is monitoring this thread, have you bought some too??

jimmy b - 28 Feb 2005 09:51 - 210 of 1117

Whats happened to the buy and sell page, its wiped itself clean and started again...

AdieH - 28 Feb 2005 10:00 - 211 of 1117

So much trading, lol, if the figures are right only 40million shares are in private hands, so far 15million have been traded today... 40% of shares, maybe they started again, lol... 4p up today me thinks...

brain2brain - 28 Feb 2005 10:11 - 212 of 1117

So what does it mean if 40% of the shares are being traded? If the price of a share is plummeting it presumably means people want out. If the price is rising it means people want in. So in this case do we interpret it as there is uncertainty in the price or are people just profit taking after 2 good days?

AdieH - 28 Feb 2005 10:42 - 213 of 1117

If there is demand then the price will rise, MM's might be short, so they increase the price hoping to induce some selling... I'm fairly new to this... only my opinion... You have to look at the whole picture, i.e. good RNS to support recent rise, 60p target given by Simon Caldwell, the figures seem to justify this...This is the hot area at present, online gambling, take a look at Neteller recent price movement...

brain2brain - 28 Feb 2005 11:03 - 214 of 1117

Managed to get into Neteller at 390 and 500, so am very pleased with these but am a bit concerned I may have arrived too late for this one (22p) but shall keep a close eye on it.

B2B

AdieH - 28 Feb 2005 11:21 - 215 of 1117

60p target of simon caldwell, don't agree with his shorting tactics but he has made alot of money dealing in shares, as you say keep an eye on it, seems to be holding around 2.75p up, likes to shot up in morning, steady over lunch then moves again towards end of day, could see 4p + by the end of play...

brain2brain - 28 Feb 2005 11:22 - 216 of 1117

Just had some thoughts over coffee. If there are about 40 million shares owned privately and over 25 million have already been traded so far this morning this means that on average the shares will have been bought for about 22p. Assumming that these folks want a reasonable return there will come a time later today or tomorrow when shares are in short supply as to release these shares back into the market the price will have to risen by say 10-15% ...supply and demand. This assummes that folks who have bought the shares don't panic and sell at a loss.

If my logic is correct the price should rise later today or tomorrow. Have I got this right or am I missing something.

Rambling of a beginner

Cheers

B2B

Paulo2 - 28 Feb 2005 11:27 - 217 of 1117

Will probably rise again this afternoon, but watch the hitwise rankings which are out tomorrow!

brain2brain - 28 Feb 2005 11:32 - 218 of 1117

Sorry Paulo, ignorance is bliss. What is the hitwise ranking?
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