I've seen it. I wouldn't say it was one of Nicholson's finest.Quote: odiousgambitNow 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.
Quote: teliotI
...BTW, I also listen to Paradigm. He's awesome.
Good choice. He's a smart man.
ZCore13
Quote: ParadigmI appreciate the kind words gentlemen...I like to be a value add & sometimes am successful ;-)
I'm also in the paradigm fan club.
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.
Quote: ParadigmTeliot, 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
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.Quote: Paradigm100,000 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.