Gator, read this from protrader:PRO TRADER INTELLIGENCE ALERT
Flying Disk Entertainment (FDCD:CDN OTC)
14-Aug-97 Close: 0.16 CDN Volume: 106,142
Investors of Flying Disk jumped ship after a U.S. report on shutting down on-line gaming site's came out. Company officials are expected back tomorrow,and rumours are circulating of great news to come with their return. We took advantage of this obviously unexpected dip in the share price by averaging down.
In reviewing previous ProTrader bulletins, and in the wake of their latest press release announcing impressive earnings through CyberGlobe, the recent panic has created an attractive accumulation point for our traders. The stock price came down on very light volume and has stabalized in this range. Because
of this, very little resistance is anticipated on it's way back to the old high of 0.35.
You can take it with a grain of salt, the reason I'm in and buying more is that U.S. or not online gambling is here to stay. They open it up off-shore and people will come, your making money off someones addiction "my karma is going to hell".
At this price theres no real downside, lets say you pick it up at .18 you can double and sell 1/2 your shares and ride up on free shares.
Plus they haven't started to promo it. Its a gamble HeHeHe.
I've tried a couple more of the casino sights there all the same,
I personally wouldn't play them its like I tell my wife "A fact finding mission" you really can't win when there computer is dishing out your cards. True story, 8 times in a row I split A's and was holding 19 & 20 the house got 4 cards for 21. I've never seen that!
P.S. I have spoken to someone in the gaming industry that told me, Las Vegas casinos are working on online gambling, He asked me not to mention the casino or his name, I don't want to come across as b.s. a promise is a promise and I stand by my reputation on this forum and others as no b.s. |
