Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce -- Ignore unavailable to you. Want to Upgrade?

To: amadeus who wrote (4146)	1/22/1999 7:06:00 PM
From: D.k.H.	Read Replies (1) \| Respond to of 6545

Just a tad calmer than the other thread. You know what i mean. I dont talk about other plays oh this thread.

To: amadeus who wrote (4146)	1/22/1999 7:20:00 PM
From: tk715	Read Replies (1) \| Respond to of 6545

The news release is huge, and the near-in possibilities are far reaching. A national lottery on the internet would instantly turn it into an international lottery. As soon as one country breaks the ice, other counties doing a lottery will have to follow suit to compete for funds. This could explode the revenue picture for winr. I expect that since Skinner has been spending 1/2 time in Austria, that is the country. Others would have to follow suit to compete. WINR having one country in the fold would be the logical choice to do it for others. And what other company is as well position as WINR to do the job. NONE! With Skinner discussing it in a PR, I expect it is probably a done deal, and only the timing is in doubt. It seems to me the internet lottery will happen and put tremendous pressure for all to follow suit, including state powerballs in this country. The slick mention in the PR of the numerous requests to use WINR debt card for shopping implies to me the CYBERMALL opening and the debit card release are close in hand. Maybe I am being over anxious, but to me the press release was a blockbuster. Skinner is certainly on the right track. I found it very interesting how the MMs gunned down the price on low volume from 2.8 to 2.3 to scare up some shares. At 2.3, they got some, but I doubt they got enough to balance out the buying late last week. They shook the trees some at 2.3 to 2.5 then at the announcement, moved it quickly to 2.8. I expect that they are breaking down the resistence at 2.8 to 3.0 from the spike to 3 a few weeks ago and picking up some more shares. I wouldn't be surprised to see the stock to drift down some next week to scare out more weak hands and position the stock for a breakout on the next PR. If you look at the pattern, a "O'neill" cup and handle formation has occurred. Breakouts from this pattern on large volume are historically very bullish. I expect the MMs though are having a hard time getting enough shares. Too many shareholders know the worth of this stock and aren't falling for their ruses. Increased price swings probably will solve their problem. Stay long and prosper Gene