Paradigm
Paradigm
Joined: Feb 24, 2011
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March 12th, 2014 at 11:13:47 AM permalink
The DEQSF move is suspect to me, the bid/ask spread is the entire 20% you refer to ($0.264 vs. $0.3070). May just be a sympathy move, if someone decides to sell 500 shares at the market bid price, your 20% gain is going to evaporate off the tape just like that.

GLXZ move looks more real, not sure what has caused it. The bid just jumped a couple of days ago to $0.35 from $0.27 with some steady nibbling. Currently I show the bid price good for 26,500 shares, normally that runs between 2500- 5000 shares.

PGD & Co must be selling some High Card Flush & Heads Up Hold'em installs :-).

I like GLXZ's outlook a lot better than DEQ's at the moment, despite their debt load.

[Edit]Earnings for 2013 should be out around the first of April.
Buzzard
Buzzard
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March 12th, 2014 at 11:51:36 AM permalink
Any concern about cannibalization among table games in the near future? By that I mean if a casino replaces a BJ game with High Card Flush or House money, it's no likely to remove a 6/5 BJ table. More likely a BJ table with a Galaxy or Bally side bet !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Paigowdan
Paigowdan
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March 12th, 2014 at 12:44:41 PM permalink
Quote: Buzzard

Any concern about cannibalization among table games in the near future? By that I mean if a casino replaces a BJ game with High Card Flush or House money, it's no likely to remove a 6/5 BJ table. More likely a BJ table with a Galaxy or Bally side bet !



1. Carnival games general replace other Poker carnival games.
2. You can't really cannibalize yourself; that's just product line evolution. A Ford Fusion sale doesn't cannibalize a Ford Focus sale; a Chevy Cruze sale does.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
Buzzard
Buzzard
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March 12th, 2014 at 12:46:28 PM permalink
thanks
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
Paradigm
Paradigm
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March 12th, 2014 at 12:50:11 PM permalink
I think a property would remove a 6/5 BJ table for a HCF table.....and that 6/5 BJ table also likely has a side bet on it.

Both Galaxy & Bally would take a premium table game install if it meant a loss of a BJ table with a side bet every day of the week and twice on Sundays! The lease fees are much higher on HCF/UTH/HUH than they are on side bets like Lucky Ladies/21+3/House Money.
Buzzard
Buzzard
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March 12th, 2014 at 1:02:11 PM permalink
Thanks again. I ask because I am developing a product for the 6/5 market. After all, it's the fastest growing segment of table games, isn't it ?
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
thecesspit
thecesspit
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March 12th, 2014 at 1:07:48 PM permalink
Quote: Paigowdan

1. Carnival games general replace other Poker carnival games.
2. You can't really cannibalize yourself; that's just product line evolution. A Ford Fusion sale doesn't cannibalize a Ford Focus sale; a Chevy Cruze sale does.



Erm, no. You can cannibalize youself. That's what the term means! (see: http://www.investopedia.com/terms/m/marketcannibilization.asp)

Cannibalisation is selling a product into the same market you already have sales in. So if the Fusion is the same sort of car as the Focus, you will see cannibalization. Other people's products are by-the-by, and market expansion.

Whether this is the case for your products, I have no idea.
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
Paigowdan
Paigowdan
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March 12th, 2014 at 1:29:01 PM permalink
Quote: thecesspit

Erm, no. You can cannibalize youself. That's what the term means! (see: http://www.investopedia.com/terms/m/marketcannibilization.asp)

Cannibalisation is selling a product into the same market you already have sales in. So if the Fusion is the same sort of car as the Focus, you will see cannibalization. Other people's products are by-the-by, and market expansion.
Whether this is the case for your products, I have no idea.


This isn't really the case for us, as it's more product advancement, to replacing fading/obsolete games. Burying a dying product with a viable product is often the case in gaming. Not too long ago Deuces Wild was one of our primary (non-side bet) table games. Replacing such a game with HCF or Heads Up Hold 'em represents an evolution of our product line. While we wouldn't have 30 poker-type games, we could have four or five to get sales with one or two types when we would have gotten nothing, had we one or two poker game types.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
SOOPOO
SOOPOO
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Thanks for this post from:
Ayecarumbardw4potusbeachbumbabsDJTeddyBeartringlomane
February 25th, 2019 at 10:13:36 AM permalink
I just sold 1/5 f my GLXZ at $2.16. Around a 9 fold increase from when I bought it. Too bad PGD is not with us to share in the glory and profits.
SOOPOO
SOOPOO
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November 4th, 2019 at 6:44:15 AM permalink
Quote: SOOPOO

I just sold 1/5 f my GLXZ at $2.16. Around a 9 fold increase from when I bought it. Too bad PGD is not with us to share in the glory and profits.



It's back up near $2.16. I hope Dan's widow has a bunch! This thread was started over 6 years ago. Time flies.....

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