RE:RE:RE:NEWSflashraven wrote: The big-money crowd is gambling that stock markets will keep soaring in 2015, that the U.S. dollar will rise, and that bonds, commodities and gold,oil will continue to slump, according to the latest survey by Bank of America Merrill Lynch, which conducts perhaps the most authoritative survey of world money managers.
Money managers are huge bulls on technology stocks, despite a huge rally this year which has lifted the Nasdaq Composite about a third, breaking 4,000 for the first time since the dotcom crash early last decade.
"Global Tech is the most popular sector among investors by far," reports Bank of America Merrill Lynch, adding that among those polled, a net 48% were overweight technology stocks in their portfolios. It is the second-highest reading in nearly a decade’s data.
Transgaming TNG.V looks like it will ride the Tech wave into 2015 and beyond,The Tech Rally is back
"...the tech rally is back'''..FlashR.
The tech rally started by mid summer when alot of resource based funds started allocating capital out of the resource and commodity world into tech bent plays...thing is tho the money coming in did not rise all boats with the tide...the small cap space on the Venture inparticular has shown rather selective upside across the board vs ubiquitous appreciation as in past tech trends...still with tax loss selling behind-and the start of the new fiscal year for many which means capex budgets will now be at their starting point vs end point on the balance sheets...I think 2015 could be a great year for well selected tech plays going forward...ISIS and world events being the caveat.
I would not discount the resource sector either...for there is a lot of blood in the streets in some very promising oil and gas plays which even if OPEN wants to do what it can to flood the market and keep pricing low so that Bakken producers and explorers see their operating margins and budgets squeezed won't deter the US inparticular for becoming self sufficent and less reliant on Middle East or world supply fossil fuels when the bakkens alone has enough stuff in the shale deposits to address US current consumption rates for the next 300yrs plus....so long term I don't see the Oil and Gas sector staying discounted for very long...and its always a greater margin of safety to be able to purchase quality plays at discount pricing.
This will be a pivotal period for Transgaming Inc imo. When i first invested in TNG in November of 2013 and sold a major portion of the position at the .52 and .53 range in Jan 2014-the premise and promise of the SmartTV sector and who they had secured strategic agreements and partnerships with looked very bullish-but at the time the news came out it was not known only to a select one or two...can you say Dpoc/Domdesim? that revenue flows or the deals themselves would not start till late late 2014-and thus a delay in cash flow rates from this
key strategic move into a sector projected for exponential consumer demand and growth-was not to come onstream and effect TNG in any appreciable degree upfront.
That was near an entire year ago since those announcements were made...one would think more news on that front has to be forthcoming in the weeks and months ahead now given the time that has passed and events and trends that have evolved and emerged in the SmartTV sector itself.
The move "back' into gaming-comes across as a shift by Gupta to address sector trend and shiftlines and to establish a more predictable additional revenue stream and/or to enhance the ones already reported in its operations...it is a cutthroate sector however it should be noted.
But I am bullish on Transgaming Inc's prospects going forward and/as it appears total and absolute failure is already priced into TNG's valuations currently-which is hogwash.
I believe today more than ever since Gupta's elective resignation that this year will be inline wit my initial assessment of the landscape...that Transgaming Inc will NOT look anything like it does now before the end of this year 2015 and that a amicable buyout will occur of TNG by a larger other OR it will merge with a company(s) that offer a synergistic approach to TNG's core competencies and strengthens its sector lockdown value proposition in the market place whereby the marriage of two or more companies finds greater value in the market place and from an investment perspective then the sum of its parts if taken on an individual basis.
So I look for a merger or buyout of Transgaming Inc vs continuing to go it alone in the year 2015 and beyond and there is way tooooooooooooooo much pessimism albeit just from the warped mouth of Yakazz123 and the likes of Dpoc/Domdesm-when taken from its source.
Even behind the darkest of storm clouds-if one flies high enough...can find the sun still shining.
SS