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.

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....

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.

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...

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

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

MS

Quick profit for the Directors.

MS

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

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

Doug

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

MS

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

MS

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!

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

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.

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

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

I've given up trying to understand the markets. They'll make a fool of you every time. On the way up now, Why? Not that I'm complaining.

MS

Mickey,

Maybe this bit has something to do with it -

"The Company is in advanced discussions with mobile network operators with a view
to reaching agreement on supplying mobile casino games to the mobile market on a
partnership and revenue share basis."

No position here, just been watching.

Monday, sp fell when it should have risen. Today it rose when it should have fallen. Justin Drummond now has "just" his 7M warrants. Announcemnet tied to a titbit re mobile trading. The other day their leadership market with the casino website rose. Cap. now up to 40M. I'm finding it difficult to read the next few days. On trading terms a cap. of some 20M is justified. The company could be worth 100M to one of the industry leaders (corresponding to EK's target figure of 60p before issue, now only 40p). Probably best thing from a trading standpoint is the new support level at 14p. So immediate negative reaction of some is overdone.

Eric

Eric ,can you see these going back in to the 20 s again,,and what about the bid speculation,,is there much in that..I find the ups and downs of this one very hard to read..thanks JB...

Jimmy - likewise - I am going on holiday tomorrow and I just cannot read this one. Too risky for me to leave my money in - I think I will take what profit I have and make an early exit tomorrow - otherwise I will only fret about it. Will put it somewhere safe like SEO or NLR!!