Wizard
Administrator
Wizard
Joined: Oct 14, 2009
  • Threads: 1360
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March 27th, 2017 at 4:07:03 PM permalink
Quote: teliot

I've seen it. I wouldn't say it was one of Nicholson's finest.



Hey! Actuaries get no respect at all.
It's not whether you win or lose; it's whether or not you had a good bet.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 108
  • Posts: 7491
May 10th, 2017 at 7:18:47 AM permalink
Its up to .69 now. But that was because of a single trade of 500 shares. So a $340 purchase can move the stock 5%. The buy bid price is now .635, almost 10% less than the last sale! Anyway, I bought at around .25, so all good for me.
Paradigm
Paradigm
Joined: Feb 24, 2011
  • Threads: 42
  • Posts: 2225
May 15th, 2017 at 10:57:36 AM permalink
More movement Friday and follow up today...88,000 shares on Friday with close at $0.75 and today already 99,000 shares with bid at $0.75...new CFO announcement seems to have elicited some renewed buying above the $0.60 resistance level. Should go higher from here...
DRich
DRich
Joined: Jul 6, 2012
  • Threads: 74
  • Posts: 6996
July 14th, 2017 at 10:37:44 AM permalink
Galaxy Gaming was rejected for a Nevada Gaming manufacturer and distributors license yesterday yet the stock didn't move much.
Living longer does not always infer +EV
Hunterhill
Hunterhill
Joined: Aug 1, 2011
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July 14th, 2017 at 11:14:45 AM permalink
Quote: DRich

Galaxy Gaming was rejected for a Nevada Gaming manufacturer and distributors license yesterday yet the stock didn't move much.


Why were they rejected, Does Nevada gaming give a reason?
The mountain is tall but grass grows on top of the mountain.
DRich
DRich
Joined: Jul 6, 2012
  • Threads: 74
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July 14th, 2017 at 11:56:04 AM permalink
Quote: Hunterhill

Why were they rejected, Does Nevada gaming give a reason?



There were potential integrity and financial issues. It was a public meeting and it took almost five hours. If you are more interested you can read old articles because they had been rejected by California and a few other states too.
Living longer does not always infer +EV
DJTeddyBear
DJTeddyBear 
Joined: Nov 2, 2009
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July 14th, 2017 at 12:15:49 PM permalink
Quote: DRich

Galaxy Gaming was rejected for a Nevada Gaming manufacturer and distributors license yesterday yet the stock didn't move much.

That's not true. When things started to look like it might be rejected, Galaxy withdrew their application so that it wouldn't be a blemish when they re-apply.

Details:
https://www.reviewjournal.com/business/casinos-gaming/nevada-gaming-license-bid-withdrawn-after-2-day-hearing/
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ 覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧覧 Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
DRich
DRich
Joined: Jul 6, 2012
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July 14th, 2017 at 12:30:18 PM permalink
Quote: DJTeddyBear

That's not true. When things started to look like it might be rejected, Galaxy withdrew their application so that it wouldn't be a blemish when they re-apply.

Details:
https://www.reviewjournal.com/business/casinos-gaming/nevada-gaming-license-bid-withdrawn-after-2-day-hearing/



I was there, the Gaming Board was going to reject them and Galaxy decided to withdraw before the official vote. You are correct they were not technically rejected since they withdrew before the vote, but they will not be licensed in Nevada anytime soon unless Saucier steps down.
Living longer does not always infer +EV
SM777
SM777
Joined: Apr 8, 2016
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July 14th, 2017 at 1:06:41 PM permalink
Look for other jurisdictions to reopen the case on Galaxy because of this. This happening in Nevada may have an aftershock.
UCivan
UCivan
Joined: Sep 3, 2011
  • Threads: 79
  • Posts: 830
July 14th, 2017 at 5:31:18 PM permalink
Quote: Hunterhill

Why were they rejected, Does Nevada gaming give a reason?

You could Google "Robert Saucier + California Gaming" and "Washington State". He had some strange deals in Washington (owned a casino and got burned..)

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