SOOPOO
SOOPOO
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January 25th, 2013 at 5:55:26 AM permalink
I bought shares in Galaxy yesterday, just to be able to tell Dan what to do! It is a penny stock now, but with the ever expanding number of casinos, and thus spaces for table games, I think it may turn out to be a good investment. I bought shares in DEQ, too, for the same reason.
DJTeddyBear
DJTeddyBear
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January 25th, 2013 at 6:30:13 AM permalink
Quote: SOOPOO

I bought shares in DEQ, too, for the same reason.

So now you own a piece of EZ Pai Gow as well!
Well done! LOL
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
100xOdds
100xOdds
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January 25th, 2013 at 6:52:46 AM permalink
Quote: SOOPOO

I bought shares in Galaxy yesterday, just to be able to tell Dan what to do! It is a penny stock now, but with the ever expanding number of casinos, and thus spaces for table games, I think it may turn out to be a good investment. I bought shares in DEQ, too, for the same reason.



stock symbol for galaxy?
and i never knew deq was so low?!
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
rdw4potus
rdw4potus
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January 25th, 2013 at 6:58:51 AM permalink
Quote: 100xOdds

stock symbol for galaxy?


GLXZ
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
SOOPOO
SOOPOO
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January 25th, 2013 at 7:23:14 AM permalink
Quote: rdw4potus

GLXZ



And DEQ is DEQSF

They are both very small companies, and thus thinly traded. I only bought 2500 shares of each, more to talk about than to make money on!
Maverick17
Maverick17
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January 25th, 2013 at 11:40:28 AM permalink
And everyone knows doctors are experts when it comes to picking stocks....


Stereotypes aside, I hope it works out for you and Dan.
Statistics don't lie, they deceive.
Paigowdan
Paigowdan
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January 25th, 2013 at 11:57:27 AM permalink
kk - THANKS, GUYS!
Dan.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
MakingBook
MakingBook
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January 25th, 2013 at 12:01:23 PM permalink
If one had a choice between investing in penny stocks or playing Keno,
they would do much better playing Keno.
"I am a man devoured by the passion for gambling." --Dostoevsky, 1871
Paradigm
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January 25th, 2013 at 12:29:17 PM permalink
I reiterate Soopoo's remarks, both are thinly traded stocks you must buy in small quantities and use limit orders or the market makers can crucify you for an extra $0.05 per share on execution. When you are talking about penny stocks, that ends up being 15%+.

Be careful with both of these issues. Soopoo is going to make money on his DEQ....I have less conviction on Galaxy at this point, but PaiGowDan knows a bit about table games so we will have to see what kind of impact he can have.

Disclosure: I have been long DEQSF since March of 2011 and picking up more on dips (i.e. when someone just puts a market sell order in for 10,000 shares and the price drops $0.075 in a day)
Mission146
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January 25th, 2013 at 4:10:40 PM permalink
Quote: SOOPOO

And DEQ is DEQSF

They are both very small companies, and thus thinly traded. I only bought 2500 shares of each, more to talk about than to make money on!



You never know, I bought 1k in SiriusXM at $0.08/share and another 1k at a little over $0.60/share and it closed at $3.15 today.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
MakingBook
MakingBook
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January 26th, 2013 at 6:17:21 AM permalink
Quote: Mission146

I bought 1k in SiriusXM at $0.08/share and another 1k at a little over $0.60/share and it closed at $3.15 today.



Good score!

It NEVER works that way when I (or anyone I know) buys a penny stock. I quit buying penny stocks about when I started playing craps. Unfortunately, the results are the same. And I don't get the tax deduction for any craps losses.
"I am a man devoured by the passion for gambling." --Dostoevsky, 1871
TheBigPaybak
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January 26th, 2013 at 7:22:31 AM permalink
Quote: Paradigm

I reiterate Soopoo's remarks, both are thinly traded stocks you must buy in small quantities and use limit orders or the market makers can crucify you for an extra $0.05 per share on execution. When you are talking about penny stocks, that ends up being 15%+.

Be careful with both of these issues. Soopoo is going to make money on his DEQ....I have less conviction on Galaxy at this point, but PaiGowDan knows a bit about table games so we will have to see what kind of impact he can have.

Disclosure: I have been long DEQSF since March of 2011 and picking up more on dips (i.e. when someone just puts a market sell order in for 10,000 shares and the price drops $0.075 in a day)



Both GLXZ and DEQ have their strong points although DEQ has a market cap around 3x that of GLXZ.

I've always liked DEQ as they control the "EZ" games and from a management perspective: they're competing nicely against SHFL in the table games space. GLXZ always seemed more of a gamble although they seem to be making good progress lately with Bonus Craps, 21+3, and the deal for 3-card poker in the UK. From what I remember about that deal, once they pay it off in around 5 years or so, they should be making good money after that time. Of course a lot can happen between now and then. I was always of the opinion one or both will be destined for SHFL in the long-term, although at least in DEQ's case, the acquisition cost would be too high, most likely.
Lack of prior planning on your part doesn't constitute an emergency on my part.
AlanMendelson
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January 26th, 2013 at 9:02:20 AM permalink
When I used to trade options and penny stocks my broker told me I was better off gambling in Vegas where I would at least get free drinks.
Paradigm
Paradigm
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January 26th, 2013 at 10:53:39 AM permalink
Quote: Mission146

You never know, I bought 1k in SiriusXM at $0.08/share and another 1k at a little over $0.60/share and it closed at $3.15 today.


Very nice Mission....I had like 2500 shares of SIRI bought at $0.40 but sold after doubling at $0.80....was worried about their debt load (like I am with Galaxy). Hindsight is 20/20 and you made a better decision to increase your position, where I sold mine, well done!

Galaxy may be in the same boat as SIRI, perhaps they can come out the other side of the debt tunnel, it has been since before the Webb acquisition that I studied their financials.

I think if you keep these high risk, speculative plays to like 5-10% of your overall portfolio and they are companies that you know the industry and what they do and can read the financials to understand their specific hurdles, you can make some money in micro caps.

SIRI and DEQ are the only micros I have ever owned and I know a lot more about DEQ's market and financials than I did on SIRI.....that was likely one of the reason I took the money and ran on SIRE, I was a very weak hand there.
Mission146
Mission146
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January 26th, 2013 at 4:07:41 PM permalink
Quote: MakingBook

Good score!

It NEVER works that way when I (or anyone I know) buys a penny stock. I quit buying penny stocks about when I started playing craps. Unfortunately, the results are the same. And I don't get the tax deduction for any craps losses.



Thanks!

I got pretty lucky with that one, but it was part luck, part research and part intuition.

They just had those contracts with auto manufacturers, so even though they were essentially begging for money, it was clear to me that the ability to repay was there and they would eventually get it. Just built in subscribers with new car sales, beautiful thing, great original programming...and it's one of those things that many people don't really think about if they don't have it, but if you do, you want to keep it, so people tend to re-subscribe when the free period runs out.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
Mission146
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January 26th, 2013 at 4:17:53 PM permalink
Quote: Paradigm

Very nice Mission....I had like 2500 shares of SIRI bought at $0.40 but sold after doubling at $0.80....was worried about their debt load (like I am with Galaxy). Hindsight is 20/20 and you made a better decision to increase your position, where I sold mine, well done!



Thanks, I got lucky! It's just one of those things where a company is trending positive, and quickly, you can either realize your gains or double down...but rarely will anyone just sit. I usually sell off a stock after gaining or losing 20%, but Sirius just seemed incredibly strong on subscribership with all of those auto manufacturer contracts.

Quote:

Galaxy may be in the same boat as SIRI, perhaps they can come out the other side of the debt tunnel, it has been since before the Webb acquisition that I studied their financials.

I think if you keep these high risk, speculative plays to like 5-10% of your overall portfolio and they are companies that you know the industry and what they do and can read the financials to understand their specific hurdles, you can make some money in micro caps.



That's true, it's one of those situations...with smaller companies...where if you're really willing to do your reearch you can have aq slight edge simply by knowing more about a company's fundamentals than the other investors.

Quote:

SIRI and DEQ are the only micros I have ever owned and I know a lot more about DEQ's market and financials than I did on SIRI.....that was likely one of the reason I took the money and ran on SIRE, I was a very weak hand there.



It's vice-versa for me, I've never really looked into DEQ.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
SOOPOO
SOOPOO
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April 2nd, 2013 at 7:38:29 AM permalink
Galaxy reported good results and is up 26% today. I wonder if Dan is now being recruited by Intel, Microsoft, Google......
rdw4potus
rdw4potus
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April 2nd, 2013 at 7:54:12 AM permalink
Quote: SOOPOO

Galaxy reported good results and is up 26% today. I wonder if Dan is now being recruited by Intel, Microsoft, Google......



Yahoo and Facebook need more help:-)
"So as the clock ticked and the day passed, opportunity met preparation, and luck happened." - Maurice Clarett
rainman
rainman
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April 2nd, 2013 at 8:04:52 AM permalink
Quote: rdw4potus

Yahoo and Facebook need more help:-)



Not as much as Apple.
Zcore13
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April 2nd, 2013 at 9:11:22 AM permalink
The Galaxy train was rolling well before Dan got there and will continue well after. I'm telling you right now so you can come back here and look it up later, 2013 will be VERY good for them. The Bonus Jackpot System, Three Card Poker in the UK and High Card Flush are going to make them a lot of money. I say the stock doubles from .25 in the next 12 months.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Paigowdan
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April 2nd, 2013 at 9:28:14 AM permalink
Yes. Galaxy already had fine momentum. I have barely gotten started....
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
treetopbuddy
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April 2nd, 2013 at 9:58:23 AM permalink
Quote: SOOPOO

I bought shares in Galaxy yesterday, just to be able to tell Dan what to do! It is a penny stock now, but with the ever expanding number of casinos, and thus spaces for table games, I think it may turn out to be a good investment. I bought shares in DEQ, too, for the same reason.

pump and dump?
Each day is better than the next
UCivan
UCivan
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April 2nd, 2013 at 10:20:25 AM permalink
Quote: Zcore13

The Galaxy train was rolling well before Dan got there and will continue well after. I'm telling you right now so you can come back here and look it up later, 2013 will be VERY good for them. The Bonus Jackpot System, Three Card Poker in the UK and High Card Flush are going to make them a lot of money. I say the stock doubles from .25 in the next 12 months.

ZCore13

Galaxy is 0.31 today, all time high. This was only based upon 2012 numbers. Looking really even better with High Card Flush in 2013!!!
Zcore13
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April 2nd, 2013 at 10:26:25 AM permalink
It's an all time high for the OTC. It was over .50 on the NYSE previously. A couple of new States have recently approved Galaxy for business as well. The train is rolling...

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
UCivan
UCivan
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April 2nd, 2013 at 10:31:25 AM permalink
The volume is less than 9 K, that is less than $2,800, right? well...
Zcore13
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April 2nd, 2013 at 10:37:34 AM permalink
17,400 now. 3 month average is 24,377, which I think it will top today. Today will also be the 4th day in a row the stock has ended higher.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
UCivan
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April 2nd, 2013 at 10:40:15 AM permalink
VECCHIARELLI GARY ANTHONY became the first insider to ever buy GLXZ stock when they purchased 20,000 shares on January 25, 2013. at 0.25 per share
Zcore13
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April 2nd, 2013 at 10:45:36 AM permalink
Yup. But that's really nothing except for cymbolism. My guess is that everyone there has tons of stock already. There will be some very rich people if the stock can get in the $1.00 range in the next 3-5 years. I expect the stock to move to the NASDAQ market, which will also be a big boost.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. 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
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April 2nd, 2013 at 11:05:16 AM permalink
GLXY needs more volume and a bid above $0.30 to call it a true break out. Anything above $0.30 with volume of say 100K would be a very good thing for the stock.

Conference call is today at 1PM PST, that will provide some color on the 2012 Financial Statement announcement.

They seem to be making some good progress with new jurisdictions (Louisiana & Maryland) and High Card Flush could be a great new premium game for them....the next 6-12 months will tell them if that is the case via no/limited removals of initial install base.

Business definitely looking promising for them....personally I think Bonus Craps is the best craps side bet out there because it provides action mid roll. You don't need to make a point to have your Bonus Craps bet make progress towards winning. You love the mid roll horn numbers as they are the hardest slots to fill on the All/Small/Tall bets.
Zcore13
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April 2nd, 2013 at 11:13:30 AM permalink
That's all true. And I can almost guarantee there will be very few removals of High Card Flush. It's one of the best new games I've seen in years. The big increase in revenue is going to come from the Bonus Jackpot System. That's really going to help there 2013 numbers.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
UCivan
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April 2nd, 2013 at 12:20:33 PM permalink
Totally agree. The players for High Card Flush would be the same ones that play Three Card Poker now - not much skill involved and they can play longer (b.c. it takes longer to open 7 cards than 3 cards). The play of 3CP has been dropping.
UCivan
UCivan
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April 2nd, 2013 at 12:28:57 PM permalink
Let's talk about a caino stock NYNY. I think it's a take-over candidate. Cheap and a lot of movement, regularly. It's playable. Any comments?
Paradigm
Paradigm
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April 2nd, 2013 at 12:36:01 PM permalink
Quote: Zcore13

The big increase in revenue is going to come from the Bonus Jackpot System. That's really going to help there 2013 numbers.


I think they are coming out with the re-vamp of this system, correct? I thought on the last conference call Rob Saucier discussed that the initial system was not competitive but the new version was going to address all of the short comings they saw in the original BJS. I may be mixing items up here, so don't quote me on this......is the 2013 the roll out year for the new BJS?
UCivan
UCivan
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April 2nd, 2013 at 12:58:50 PM permalink
The 2nd (or 3rd) largest table game company in the world is being labeled as a Small Gaming Company by Las Vegas Sun News

Small Gaming Company
Paradigm
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April 2nd, 2013 at 2:23:34 PM permalink
They could have used "micro" as opposed to small. When you can buy the whole company for less than $10 Million, it's a very small company despite its standing as 2nd in the space.

SHFL has a market cap of less than $1B and certainly cannot be classified as more than a mid-sized company.

This makes Galaxy a micro cap and that label doesn't mean anything as it relates to their competitiveness/viability. It is just a Wall Street label for their market caps.
Paradigm
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April 2nd, 2013 at 2:28:27 PM permalink
And we closed at the opening price of $0.25 on above average volume, but not 100K. Still need a break out above $0.30 on big volume. I didn't listen to conf. call, but perhaps we get some more buy side action after hearing what the Galaxy Team had to say about 2013.

You have to love the after hours bid/ask spread! I am showing: Bid $0.175 Ask: $0.59

Use limit orders if interested and keep that order size limited to the Ask Lot size. Don't even think about an after hours execution!
100xOdds
100xOdds
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April 2nd, 2013 at 3:01:59 PM permalink
Quote: Zcore13

The Galaxy train was rolling well before Dan got there and will continue well after. I'm telling you right now so you can come back here and look it up later, 2013 will be VERY good for them. The Bonus Jackpot System, Three Card Poker in the UK and High Card Flush are going to make them a lot of money. I say the stock doubles from .25 in the next 12 months.

ZCore13



stock symbol?

nevermind: GLXZ
Craps is paradise (Pair of dice). Lets hear it for the SpeedCount Mathletes :)
Zcore13
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April 2nd, 2013 at 4:13:16 PM permalink
There was definitely a sell off after the stock got to .32 today. That's quite a 1 day jump and even a little more over the last week or so. It's not going to double in a day or week. But good news and financials after good news and financials will start to make its mark.

The Bonus Jackpot System is up and running and being installed, including at a few larger Casinos. It's a very easy to use and flexible system. It's also affordable and it's not a SHFL product which every Casino likes.

I'll have to look at NYNY, but with the economy, growth of Tribal Casinos, soon to be legalized online play and other factors, I don't see a lot of good in Las Vegas properties.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
Pokeraddict
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May 17th, 2013 at 8:31:52 PM permalink
http://www.vegasinc.com/news/2013/may/17/board-tells-las-vegas-table-game-maker-stay-out-ca/

I assume this is same Galaxy Gaming? If so, that is some really bad news for shareholders.
Paigowdan
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May 17th, 2013 at 8:52:22 PM permalink
Quote: Pokeraddict

http://www.vegasinc.com/news/2013/may/17/board-tells-las-vegas-table-game-maker-stay-out-ca/

I assume this is same Galaxy Gaming? If so, that is some really bad news for shareholders.



I feel this is part of a very unfair and never-ending witch hunt again Rob Saucier; he has always been very fair and decent to all, and 100% above board in all of his transactions and personal interactions from what I have seen for dealing directly with him in the industry.

I now work for the gentleman, he's always been totally professional and curteous, I mean 100% of time. I - as well as all who work with him, - have never seen anything out of place or improper in him at all, in either his work place transactions or personal interactions. The list of misdeeds that is claimed against him, I am unconvinced and very skeptical about it.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
EvenBob
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May 17th, 2013 at 8:55:35 PM permalink
Holy crap, if even half the stuff this guy is accused of is true, he's toast
in Nevada. Sounds like a con man's con man.

'We'd look at that and find whether there's an issue related to the company in Nevada in terms of integrity or suitability, Nevada State Gaming Control Board Chairman A.G. Burnett said. If the denial in the other jurisdiction means the same thing as a denial here, we certainly have the ability to take action against that company in one form or another, depending on what the denial is.'
"It's not called gambling if the math is on your side."
Paigowdan
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May 17th, 2013 at 9:11:20 PM permalink
Latest Recommendations from msn.com finance: Galaxy Gaming is a Strong Buy.

I think the Vegas Inc article is the opposite of a puff piece, - a hatchet job. Ancient history long since properly resolved, stirring up old accusations with what are essentially personal character attacks. What I find strange is that a derogatory opinion of our CEO was lodged way back in 2002, was utterly and operationally immaterial for over a decade, - and it now appears in this article today in 2013.
Galaxy Gaming is a very well-run and forward-looking company, in full compliance with every regulation required of Galaxy. Everything's proper, and any examination of Galaxy will bear this out.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
UCivan
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May 17th, 2013 at 10:38:53 PM permalink
If Mr. Saucier sells all his shares ($0.25 ea, not too high) to Derek Webb who is a big creditor of Galaxy Gaming (sold Prime Table Games to GG for $xx M), and the Board elects someone else (say Paigowdan) as the CEO, then Galaxy Gaming can do business in CA and everywhere else, Right?
EvenBob
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May 17th, 2013 at 11:13:33 PM permalink
Quote: Paigowdan


Galaxy Gaming is a very well-run and forward-looking company, in full compliance with every regulation required of Galaxy. Everything's proper, and any examination of Galaxy will bear this out.



And you know this how, exactly. You've worked there a
few months and you're privy to all the inside info? How
is that possible, Dan.
"It's not called gambling if the math is on your side."
Pokeraddict
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May 17th, 2013 at 11:32:04 PM permalink
http://www.reviewjournal.com/business/casinos-gaming/california-regulators-rule-galaxy-gaming-ceos-suitability

Sounds like this related to issues in the late 90's in Washington State.

I am not going to pretend I know anything beyond these two articles, my point is that I would be really concerned about this is I were a shareholder.

Edit: The Sun article has been expanded since I first read it. Those are some serious allegations, no business license for four years, lying about his education, financial issues and more - WOW.
Paigowdan
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May 18th, 2013 at 1:01:48 AM permalink
Quote: EvenBob

And you know this how, exactly. You've worked there
few months and you're privy to all the inside info? How
is that possible, Dan.



I've been in the industry before going to Galaxy, and saw how they operated, which was very professionally and fairly. Currently, as their manager of table game development, I work with each state's gaming commission to keep us and our games in compliance, and all products and claims as to these products are 100% accurate as seen with my own eyes in my own office at Galaxy. I attend all company-shareholder conference calls along with Mr. Saucier, the CFO and other department managers, - and every statement, claim, and future plan announcement made are accurate as it relates to every project, plan, and dollar. From personal experience working there, I can say that I have personally worked on or seen these exact projects and in progress there, and as stated, all done with integrity and transparency. No problem at all with Galaxy concerning their products and business transactions. That's how.

A lot of the stuff thrown at Rob Saucier is pre-Galaxy claims, or extra-curricular items (child support, old DUI statuses, Claims about the casino he ran eons ago and supposedly resolved, or some derogatory complaints from an ex-employee of his from 14 years ago, etc.)
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Zcore13
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May 18th, 2013 at 1:18:04 AM permalink
Galaxy has been approved to do business in multiple States since all of this stuff happened/came out. The most recent a few months ago if I recall. One State holding old stuff against him isn't going to do much damage, I wouldn't think.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
EvenBob
EvenBob
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May 18th, 2013 at 6:51:59 AM permalink
If this is all much ado about nothing as Dan claims, why is Burnett even commenting on it. He more than anybody would know these are false accusations. Why get involved at all.
"It's not called gambling if the math is on your side."
Zcore13
Zcore13
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May 18th, 2013 at 8:20:26 AM permalink
I don't think it's much to do about nothing. All of the reported information is probably accurate and much of it is probably true. As much as Dan wants to protect him right now and as much as I'd like it to not be so because I own stock, Mr Saucier has been described as "shady" in his past more than once.

The two things about it are, one, almost everything is from years and years ago. If it's possible to turn over a new leaf, it seems he has. And two, these allegations have been known in the industry for many years and as I mentioned, other States have continued to approve Galaxy Gaming for business and Galaxy is thriving with no problems anywhere they do business.

I don't think there is any doubt he made mistakes, pretty big ones. I can't even say with 100% certainty that he's totally trustable now, but money cures a lot of ills, and his company is making money now. I don't see his license being approved by the California Commission. But, I don't think the California issue will have any bearing on his Nevada licence when it's all said and done, nor will it affect other States if he is truthful on those applications, which it looks like he has been doing in the recent past.

ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
SOOPOO
SOOPOO
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March 12th, 2014 at 10:54:43 AM permalink
GLXZ up 35% yesterday
DEQSF up 20% today

What is going on?
No official news either company....
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