teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
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March 2nd, 2017 at 4:47:03 PM permalink
Quote: odiousgambit

Now that you're retired, you must see the movie "About Schmidt" if you haven't. Especially if you have a daughter about to get married as well.

I've seen it. I wouldn't say it was one of Nicholson's finest.
Zcore13
Zcore13
Joined: Nov 30, 2009
  • Threads: 29
  • Posts: 2486
Thanks for this post from:
mrsuit31
March 2nd, 2017 at 5:04:30 PM permalink
Quote: teliot

I

...BTW, I also listen to Paradigm. He's awesome.



Good choice. He's a smart man.


ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1966
Thanks for this post from:
mrsuit31
March 2nd, 2017 at 7:55:50 PM permalink
I appreciate the kind words gentlemen...I like to be a value add & sometimes am successful ;-)
Attempting to add value one post at a time
beachbumbabs
Administrator
beachbumbabs
Joined: May 21, 2013
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March 3rd, 2017 at 7:20:42 AM permalink
Quote: Paradigm

I appreciate the kind words gentlemen...I like to be a value add & sometimes am successful ;-)



I'm also in the paradigm fan club.
"If the house lost every hand, they wouldn't deal the game."
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1966
March 3rd, 2017 at 1:11:30 PM permalink
Teliot, your order and others that day/this week have tanked the market makers Bid/Ask spread on GLXZ ;-).

Last couple of days has been $0.562 Bid/$0.64 Ask...gotta love that 13.8% spread between the two. Liquidity is definitely an issue in GLXZ, but I still think long term there is room to go...Q4 Earnings normally come out right at the end of March.

I still think they are winning the Flush game category with HCF vs. Flushes Gone WIld/Chase The Flush competitors. Along with 21+3, Lucky Ladies & their Prime Membership where casinos can get all their "similar" games (no comment) for one monthly price...I am looking for 2016 Revenue in excess of $12.6MM giving them 15% Top Line Revenue Growth. That with refinanced debt that has a lower cash flow service requirement albeit at a higher interest rate...they are looking as healthy as they have ever been and that is built into their current stock price vs. historical levels.

But that doesn't mean they aren't a micro cap stock with all the risks that come with that category of investments. Stuff can definitely go wrong and while GLXZ has more room for error now from a cash flow perspective than in the past...this is still a small business environment.

Full disclosure, I currently own 11,000 shares having sold my other shares for my entire cost basis in the position + $2400. The remaining 11,000 shares are essentially "House Money" and I am letting it ride until the story changes or I feel fair value is achieved.
Attempting to add value one post at a time
Zcore13
Zcore13
Joined: Nov 30, 2009
  • Threads: 29
  • Posts: 2486
March 3rd, 2017 at 4:22:33 PM permalink
Quote: Paradigm

Teliot, your order and others that day/this week have tanked the market makers Bid/Ask spread on GLXZ ;-).

Last couple of days has been $0.562 Bid/$0.64 Ask...gotta love that 13.8% spread between the two. Liquidity is definitely an issue in GLXZ, but I still think long term there is room to go...Q4 Earnings normally come out right at the end of March.

I still think they are winning the Flush game category with HCF vs. Flushes Gone WIld/Chase The Flush competitors. Along with 21+3, Lucky Ladies & their Prime Membership where casinos can get all their "similar" games (no comment) for one monthly price...I am looking for 2016 Revenue in excess of $12.6MM giving them 15% Top Line Revenue Growth. That with refinanced debt that has a lower cash flow service requirement albeit at a higher interest rate...they are looking as healthy as they have ever been and that is built into their current stock price vs. historical levels.

But that doesn't mean they aren't a micro cap stock with all the risks that come with that category of investments. Stuff can definitely go wrong and while GLXZ has more room for error now from a cash flow perspective than in the past...this is still a small business environment.

Full disclosure, I currently own 11,000 shares having sold my other shares for my entire cost basis in the position + $2400. The remaining 11,000 shares are essentially "House Money" and I am letting it ride until the story changes or I feel fair value is achieved.



The casino in Flagstaff Arizona just replaced all Shuffle games with Galaxy games. High card flush and WPT.
Casino Arizona just got rid of their straight Jack tables and are replacing them with high card flush tables. And that casino in Prescott was thinking about switching from Galaxy games to shuffle games but the price would have been about double.

And there is no doubt in my mind that Galaxy gaming is winning the flush game battle. I'm sure they got must be getting close to 200 installs at this point. And just about every player that comes in that has played the other games says they are stupid compared to high card flush.

ZCore13
I am an employee of a Casino. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1966
March 14th, 2017 at 1:24:03 PM permalink
100,000 share block just went off at $0.60 five minutes before the close...it is going to be difficult to purchase any significant block of shares under $0.60 going forward.
Attempting to add value one post at a time
teliot
teliot
Joined: Oct 19, 2009
  • Threads: 32
  • Posts: 1809
March 14th, 2017 at 5:32:15 PM permalink
Quote: Paradigm

100,000 share block just went off at $0.60 five minutes before the close...it is going to be difficult to purchase any significant block of shares under $0.60 going forward.

So, you think some random person offer 100k shares, and some other random person came along and said, wow, I think I'll buy me 100k shares? There may be more going on here than the trade.
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1966
March 14th, 2017 at 5:47:29 PM permalink
I bet it was a paired trade and not a market order...it is still a big trade and triggered by the buy side based on the pricing at $60,000 vs. $56,000-$58,000 that it would have gone off at if the sell side had triggered the trade.
Attempting to add value one post at a time
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 40
  • Posts: 1966
March 27th, 2017 at 1:53:01 PM permalink
123,000 shares traded today with a block of 48,000 shares traded at $0.65....at close Bid was at $0.65 and good for 37,000 shares, Ask is at $0.67 good for 1,000 shares.
Attempting to add value one post at a time

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