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Yes, I know. I got out okay, sold in 2 lots and it was a 10% loss. I really thought that there was a chance of recovery until stories started coming through in the media. It looks like they are finished, sad thing is the staff are blinkered to the situation. GameStop will most likely pick up what they need from administration.
Now I know that I should stay away from 'risky' stocks ;-) but aren't they all risky. So can GMG really implement a good restructuring and trimming of the business in order to survive? I hope that they can. They have already implemented strategies such as store closures and redundancies so they are not hanging about. The 'biggie' of course being the International business and what sort of bids (if any) they receive.
Premium is certainly a worthwhile visit for the quality of poster you will get, they may not always be correct but you should find an honest evaluation of opinion and one that is worth listening to before you make your own mind up. Balance is good and from personal experience I don't find too many people here with an alterior motive. ;-) Possibly if more people posted it would generate more traffic.
I'm thinking anything from 17-19p and I would be happy to leave. Getting my eyes peeled for the next one so see how it goes. Thanks for your input.
Took a few PTR @15.4p yesterday as a similar play to MOG. Trouble is there may be more than one seller here judging by quantities so it will be interesting to see how it plays today and if the seller is really gone.
I got into this today as the buys were going mental. There has been a seller but looks like they've cleared. I only have a small amount but would love to see a rise to the 5.5 to 6 p mark. Being a grandad makes you feel old. LOL, a lot of my old school friends are grandparents already and that makes me feel old ;-) Have you looked at MOG?
Deeply not deadly. LOL.
Hi there stranger. I trust you are well and not affected too badly with the current storms? That is the weather in your part of the world and not the financial ones. Had a couple of small dabbles in this thanks to GedW and have been dipping my toe back in the water this month, not sure if the water is right for staying but I'll see how it goes for now.
I am also expecting to see this bounce to low 40's in next couple of days. I could of course be wrong but that is what I am expecting. G.L.
Good morning, I'm hoping for a small rise above 1p. I'm only here short term so not looking for anything hugely above that. Hopefully we'll see that but if it doesn't happen then it's no biggy. There are a lot of stocks out there trading even below their cash value with nothing factored in for assetts so it wouldn't suprise me if the market doesn't react too much.
So cash of $4.3million, WSX share at $5.2million plus other assetts and a market capital of £4.43million. I guess the other assetts are not factored in to current sp so will be interesting to see what the market believes them to be worth. G.L.
I agree re decimal point , I'm sure it should read $5.2million.
I am the opposite, I have greatly reduced my position but wish I had a few more. I reduced my position because of factors external to this share. I can say that Rory Stear is still hoping for a satisfactory outcome before the court case, I have no idea if that will happen obviously but they are using a mediator. Also the web site launch early October says that they may now have a business to shout about with new contracts etc. Why don't you see if there is a bit more buying to push sp up and reduce your position then, you may also find that you are better selling lower amounts to get a better price. I asked for a quote on 100,00 and got offered 1.25, I told them to leave it, bid was showing 1.4 or 1.5 at the time. Since then they are more keen to get stock.
Are you still about? I should have posted here for you.... Had communication with R.Stear, court case adjourned till end of sept, hoping to reach a satisfactory conclusion before hand. New website launch early oct. G.L.
Courtesy of TOPINFO on Advfn.... http://www.thisismoney.co.uk/money/markets/article-2019496/MARKET-REPORT-GEOFF-FOSTER-Ladbrokes-Sportingbet-bid.html#ixzz1TL8O10P5 Strenghthened position due to yesterdays rns. G.L.
Is the market sleeping on this one or have I mis read todays rns? Wakey, wakey!
I have to say that this is actually looking quite strong. I do hope it's an indication to a deal being struck but you never know. G.L. Guys.
Crazy. I was a bit gutted this morning and thinking I'll just tuck them away. My new average is 36p and I never expected this to happen. G.L.
LOL. I like that... 'I guess & rumours a gamble just like my life' Just a rumour, I spend my days thinking that with the odds of reason at least one of them has to pay off. G.L. to you.
from a post on ADVFN: http://www.thisislondon.co.uk/markets/article-23966467-qinetiq-shoots-up-as-talk-of-transatlantic-suitor-hits-the-city.do "Sportingbet ticked up 2p to 57p on chatter that Ladbrokes will make an improved offer for the online betting group this weekend. Bosses of the two companies are said to be haggling over price, but 85p a share was mooted today as a compromise. "We could have an announcement on Monday and Tuesday," said one optimistic trader. "