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TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."


TSXV:TNG - Post by User

Comment by Juniton Jan 17, 2014 7:22am
142 Views
Post# 22102548

RE:RE:RE:RE:RE:RE:Sell the company or see this through?

RE:RE:RE:RE:RE:RE:Sell the company or see this through?Congrats on the nice trade Rob.. I agree that the 1st quarter numbers are not likely to be anything amazing. Historically transgaming reports the big rev's in the 3rd and 4th quarter. So why I am I buying more at .325/.335??? Mainly because I can't predict when the next new cloud deal or game tree deal is coming. I am confident the company is going to be profitable for the year so why try and get cute timing stuff in the short term.

Also the recent analyst report out of globalmax is not expecting anything wild for this year's earnings. Yet their 12 month target is .60!! which is just about a 100% from here. The reason being they see the future revenue's exploding down the road. 

All in all this management team continues to execute. We had a nice move to .55 and now have stabilized above .30 on amazing volumes in the last month. I would hazard a guess that a lot of people have sold like yourself Rob and there is no shame in taking a profit.. I will say be careful because if we get any new investors trying to build a sizeable position or some news out  tng will resume it's climb, and will be hard to re-enter. Trust me I have been there. You keep telling yourself you will get it on a pullback,lol. Well guess what folks .31 from .55 is the pullback and the climb higher is coming any day now. jmho Rory
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