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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

Post by gamer96on Apr 18, 2016 1:38pm
257 Views
Post# 24779863

The selling

The selling
I think the selling (for the current N/R) is unjustified. Dennis is doing the right thing. With 68? games, the company  can 'sit at that level for now' and rethink adding at a later date. Although I feel for the employees being let go, I think they knew the writing was on the wall. Such is the nature of jobs now. They are not "careers". The timing is interesting, just before Q3 comes out. He knows that will be an issue on the conference call, as it was one of his last comments in January's call.  "to keep all his employees." He made an unpopular decision for the sake of the company.
IMO

1 Vancouver trade @ .02----7,000-----12:56:48----on 1,532,625 shares----both TD Sec (B & S)

3 of 6 trades below 0.03 on US side----on volume of 36,900
$0.0161 2,000    OTO 11:16:40
  $0.0206 500    OTO 10:29:30
  $0.0206 1,000    OTO 10:29:30
           
   
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