Sergio,
Okay, you were faster than I, once again, on finding a good stock. MGAM I like FA wise and have seen the product in action. The casinos here in CA. use Mega exclusively. Big money involved...way to rich for my blood. TA wise MGAM looks about in the middle of the road and could go either direction. If it goes, 8ish looks to be a good target, if not its back to 5. Hard to call, for me anyway.
FA wise, again, I'm not too sure of the rights to purchase preferred. It looks to be some sort of perk for the insiders of the co. as in order to qualify you need to be a 15% of o/s holder. I would think that this would be attractive to institutions, but could be dilutive in the longer term. With such a small float, the stock could stand some dilution.
EVOL on the other hand is horrible, FA wise and I will not go into the blood and guts of that. However, the TA is looking real nice. I've said before if the two do not match...go with the trend...someone said that <ggggg> EVOL also has a very small float of 4MM with a book of over 4 dollars. For a trade I like this one better with a target in the high fours or low 5's.
Ken |
