Ditto, Dave. Took your advice and sold after the open....$2.10 stop. Thanks for keeping the "trade" in perspective..s.till a good turnaround story just not too sure of the downside. Should have sold into the pre earnings hype...shoulda would coulda! 
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Stock Picking / Re: Joining the party: GIGM
July 20, 2005, 12:52:23 PM
Disappointing online gambling revs. I think the hype ran ahead of this stock..still the company has its affairs in order now and is profitable. Long term hold maybe?
The online gambling sector may take off at some point for them, but at least through March 31 2005 it was still only growing at a 6% Q/Q clip...roughly 25% annually...not bad but not enough to get anyone excited and definitely enough to get rid of the spec traders for a while...this may well be dead money for a while, but probably has a downside limited to $2 given the balance sheet and profitability...IMO
Maybe they have great(better gambling growth) 2Q numbers to report later? That is the $64 million question
The online gambling sector may take off at some point for them, but at least through March 31 2005 it was still only growing at a 6% Q/Q clip...roughly 25% annually...not bad but not enough to get anyone excited and definitely enough to get rid of the spec traders for a while...this may well be dead money for a while, but probably has a downside limited to $2 given the balance sheet and profitability...IMO
Maybe they have great(better gambling growth) 2Q numbers to report later? That is the $64 million question
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