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Bullboard - Stock Discussion Forum Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."

TSXV:IGAM - Post Discussion

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Post by blomskompskies on Jun 16, 2016 2:00pm

Im Out!

Srry guys im out. all my 9,500 shares are gone im shorting this dirty thing. Its been so heavily manipulated and destroyed on good news its only a matter of patters to short it...See ya at .50 cents or lower....The entry of more competition into Oklahoma ISNT helping this stock. IF Poydras buys it out then more dllution! DLLUTION! No Good, dillution never helped us before and it wont now...Otherwise the competition will take a peice of OUR pe and our opportunity!     Im OUT! See ya again next month when were lower NO JOKE.   Im not Silver and am habitually bashing this. GLTA!
Comment by VPofFNE on Jun 16, 2016 2:42pm
Atta boy blomskompskies!! Good job on selling! I think that you should short as many shares as you can. Go take a 2nd and 3rd mortgage on your house, and use all the funds to short PYD! Just think of all the money you can make...cover when it reaches 45 - 50 cents, pocket that difference.  In fact, let me know when you want to short, I want to be the person that buys your shorted stock ...more  
Comment by RegularJoe on Jun 16, 2016 3:07pm
Hope you made money or broke even buddy, I have thinned out some at .70 to take risk off the table but believe we are about to gap up considering Cannacord/Anon/PI are still buying. shareholders need to remember that all major shareholders bought in at .70 prior to tonkawa and additional machine placements. This means that they paid .70 before the business plan and ebitda expanded. I do find it ...more  
Comment by RegularJoe on Jul 21, 2016 5:59pm
Hey basher, I am open with my trades... I sold what I was comfortable with at .70 and bought in at .53 and .57.... I hold a trading portion and a holding portion as this puppy will fly and I will have my shares 
Comment by lscfa on Jun 16, 2016 8:39pm
Bad decision...trading at 1/2 the valuation of regional US gaming operators... EV = debt of $29 mil Cdn + mkt cap of $25 mil Cdn = $54 mil Cdn.... guidance of $10 mil US ebitda + 10% for recently announced acquisition x 1.29 fx = $14 mil Cdn .... EV / ebitda = 3.9x !!!!
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