tsmith
tsmith
Joined: Jan 15, 2010
  • Threads: 19
  • Posts: 272
January 31st, 2013 at 4:13:00 PM permalink
"Scientific Games Corp (SGMS.O), which makes tickets and software for lotteries, said it would acquire slot machine maker WMS Industries Inc (WMS.N) for about $1.42 billion to beef up its exposure to the booming casino gaming industry."


http://www.reuters.com/article/2013/01/31/us-wmsindustries-offer-idUSBRE90U0MV20130131

A few months ago I told my cousin, who is heavily invested in stocks, that he should check out WMS Gaming, because as a slot player I saw how popular and innovative their games were and thought it might be a decent investment for him. He looked at it and decided against buying it. He's probably kicking himself right about now.
Nareed
Nareed
Joined: Nov 11, 2009
  • Threads: 373
  • Posts: 11412
January 31st, 2013 at 4:18:10 PM permalink
How much WMS stock did you buy?
You can visit my blog Kathy's Cooking Corner at kathyscookingcorner.blogspot.mx ... .... When someone offers you friendship with one hand and stabs you in the back with the other, you tend to notice the knife a little bit more.
tsmith
tsmith
Joined: Jan 15, 2010
  • Threads: 19
  • Posts: 272
January 31st, 2013 at 4:20:38 PM permalink
I don't buy any stocks.
Nareed
Nareed
Joined: Nov 11, 2009
  • Threads: 373
  • Posts: 11412
January 31st, 2013 at 4:54:46 PM permalink
Shouldn't you be kicking yourself then?
You can visit my blog Kathy's Cooking Corner at kathyscookingcorner.blogspot.mx ... .... When someone offers you friendship with one hand and stabs you in the back with the other, you tend to notice the knife a little bit more.

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