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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.

goldfinger - 02 Mar 2005 23:48 - 329 of 1117

Mickey S, its total rubbish Evil as not bought those shares yesterday. I speculate that bunkum as come from the competitors board, take no notice. I recieved his update late this afteroon, no mention at all.

cheers GF.

summer2511 - 03 Mar 2005 07:42 - 330 of 1117

Lots of hype on a few boards about EK buying in. Maybe he has, but I know theres an awful lot of people holding these at much higher levels and will try very hard to ramp this one forward to break even.

Today I hope to get in and out of various gaming shares, like yesterday, but not being too greedy.

Good Luck everyone.

P.S. Gulf Sands Resources....due to market in 3 weeks, offer price thought to be 1.20 to 1.40ish. Already has big institutions block booking in 1M & 500k blocks. Looks very good but I hear the stock may be difficult to get in smaller quantities when it opens.....oh well Im still going todo my damdest to get in early.

ANDYRPB - 03 Mar 2005 07:46 - 331 of 1117

Anything of note in the EK update GF????
Regards AB

mickeyskint - 03 Mar 2005 10:02 - 332 of 1117

Thanks GF for the info.

MS

mickeyskint - 03 Mar 2005 10:08 - 333 of 1117

Massive X trade go through. Any idea's anyone.

MS

Poverty - 03 Mar 2005 10:22 - 334 of 1117

I am holding a loss in GMC as well! Bought in at wrong time - NEVER EVER listen to those holders saying "Yea, its not too late - look at the fundamentals, this share is going to 60p, they don't know Jack - they just want you to prop up their gains!!! Glad I didn't buy very many!

Now of course the old conundrum - do I hold or sell. Mmm - where is my crystal ball....

squidd - 03 Mar 2005 10:58 - 335 of 1117

Pv: As one who bears Redstone scars post dorcom boom, I sympathise. Have a look at ELA, then look at the qualifications of the directors who bought shares before the crash. You might become a bottom fisher like me.
sd.

jimmy b - 03 Mar 2005 11:36 - 336 of 1117

Poverty,,i too bought in too late with this one (and i bought quite a lot)but i ca`nt blame any of the threads on this site for my losses,,in fact in the few months i have been on here ive picked up some great tips and done well....You ca`nt win them all..JB...

dclinton - 03 Mar 2005 13:05 - 337 of 1117

Poverty - I too bought at the recent high. However, I don't think the rise is necessarily over. Look at the chart and you'll see two prior retracements of a similar nature in the past month.

No share goes up and up and up. There's always a degree of retracement. What you need to ask yourself is if the fundamentals justify holding.

doug

mickeyskint - 03 Mar 2005 13:11 - 338 of 1117

So that's it a placing 71.5 mil. Read RNS.

MS

mickeyskint - 03 Mar 2005 13:13 - 339 of 1117

Quick profit for the Directors.

MS

Poverty - 03 Mar 2005 13:13 - 340 of 1117

You can't win them all - that's true! Onwards and upwards! These boards have had some super tips.

dclinton - 03 Mar 2005 13:16 - 341 of 1117

Ouch. 71.5M shares against 185M existing. That's a huge dilution. Deal me out.

Doug

mickeyskint - 03 Mar 2005 13:20 - 342 of 1117

Yea which ever way you look at it, this is a massive dilution.

MS

mickeyskint - 03 Mar 2005 13:20 - 343 of 1117

Yea which ever way you look at it, this is a massive dilution.

MS

Poverty - 03 Mar 2005 13:23 - 344 of 1117

Ouch is right! - that's it - I'm off. Better luck next time... Lucky old directors - and they've got 12 months to spend it before they sell again! Can't say I wouldn't do the same!

Paulo2 - 03 Mar 2005 13:30 - 345 of 1117

Wonder what Evil thinks of his 60p SP target now!!

MikeyH - 03 Mar 2005 13:38 - 346 of 1117

I think this is a good move by the Directors bearing in mind the growth in the online gambling market. I'm holding long term.

mickeyskint - 03 Mar 2005 14:04 - 347 of 1117

Of course this is a good move for the Directors, they wouldn't have done it if it wasn't. People who run companies look after themselves first, second and last. Share holders are only a means to an end. The private investors are on the bottom of the pile.

MS

bhunt1910 - 03 Mar 2005 14:32 - 348 of 1117

How interesting - the price has moved up - when I would have expected it to move down to the 14 p level - je ne comprend pas

B
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