RE:Transgaming looks pretty good......
Plus Bob.... Monetization in some forms just began.
So going forward after a few quarters of seeing traction in the new revenue model?
Could get quite interesting Q over Q-there will be some heavy lifting involved tho.
But I think its doable-feasible.
I am starting to think that a share consolidation will be considered however.
There are many critics of them-but if conducted for the right reasons
can be productive and influential to upward trend direction on valuations.
I would love to see TNG do a Nasdaq co-listing down the road.
FWIW I believe Bob..and have always believed and occassionally state
it in a post from time to time that Transgaming as we knew it when I invested
for the first time in November 2013 at .155 and managed to remove my own
principal from the investment and leave a position in TNG behind free and clear
...that back then I stated TNG would not be the same company or resemble
much of its old self within a year to a year and a halfs time.
If one looks at Gupta's last move before resigning as TNG's CEO
with his pivot of the TNG value proposition and adapting the business model
to new consumer and industry trends...this proved itself out.
So seeing that pivot of the company and reacting to industry trends which migrate
often without a lot of notice...consumers/user groups can at times be an unpredictable
animal...I added to my exposure toTNG at .08 per share and again at .065 and will sell
half of those allottements at .13 to .16 per share to add to the base position established
in Jan 2014 when TNG moved from .155 on my original buy in to .52 and .53
per share on the SmartTV deal announcements.
Thing is-that was a strong near parabolic type of share rally-and in this sector and inparticular
with this company-these types of strong moves happen=and also often without notice but as a news driven stock...when news of a strong material nature hit the wires.
Those/these types of material events IMO will occur again and be forthcoming-and there is a ton of cheap TNG paper being accumalated that unfortunately will create some headwinds in moving north-as we really are undervalued and that paper will churn on a rising price per share and create somewhat of a overhang to wade thru to get to higher trading ledges moving forward.
But than again-I have seen occassions where cheap paper was accumalated and the upward trend so strong all the overhang got eliminated very quickly..that was in the halcyion days of the internets emergence as an investment on the NASDAQ in the late 90's early 2000 but I have seen it happen in select resource plays as well.
So at this price of entry to me-maybe not to the clown others on this thread...and you know who they are by now I am sure...yzz123 aka stockmaniac aka 5i5 (amongst other aliases) along with Domdesm aka WolfofWallStreet aka Dpoc (amongst others)...those two are the imbedded jackazzes of this thread...who wake up with a pout on their face to start each and every day-Yzz123 has to wipe the milk and cookies from his face mom supplied to start the day and Domdesm mind you probably wiping the face from BonBons and cherry colored chocolates just the same.
If there was a positive bone in either of those two storage vessles of blood it have to be the funny bone if it existed in either of them at all.
TNG is common thread enabler-so things could get interesting again
going forward and I believe even today with all recent developments
considered that Transgaming WILL NOT resemble itself
as we know it-within the span of another 12 to 18mth period
and that a merger or outright buyout/sale will be in the cards in the end.
The landscape being that competitive overall.
Goodluck to you Bob
SS
stillbob wrote: When I first bought it I considered it a short term trade.
It's certainly not in my field of expertise.
But, after buying it and learning something about it I've come to believe that it has excellent potential.
I may be wrong but it seems the most important thing in this area is providing a platform.
Transgaming seems to have that platform and only now has begun to accumulate the content to fully maximize the potential of that platform.Transgaming look