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Microcap & Penny Stocks : Internet Casino and Internet Gambling stocks

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To: Jim Kay who wrote (1)4/29/1998 6:28:00 PM
From: Drake  Read Replies (1) of 130
 
Hey Jay....well you can probably see from my posts that I am an SNMM shareholder but I think there will probably be others to watch very soon.

How am I playing the sector? Very carefully.
I think that since we have seen roughly 19 indictments in the US we will in all probability see more very soon. AND even though CRYP went to $39 it does not rule out the fact that they may be under scrutiny by the feds and may face legal hurtles and court costs at any time.
That is why I am sticking with SNMM for now, they don't accept wagers from the US or Canada

BUT... since we are in the $5 and under category here we can call all of them "speculative" and my next choice might be GLCCF(Gaming Lottery Corp.) There 52 week high is $6.68 and the low $2.93.I understand they will have a casino online and taking wagers very soon.
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