Casino Royale
This whole play looks like casino to me. There are winners , much more losers and, as usual, the house always wins. No offence to people who are underwater .Have been watching this show since the sp was at $0.30-0.40. Was expecting that the Big Event would prove something. Who knew, it could've jump much higher after the presentation. It didn't. What does it say? The technology is not in place? May be it is may be it's not. If it is, $80M is peanuts for any major to buy it just for curiosity's sake. What I'm curious really now is what our guy Ivan lo has to say about this recent drop in sp. Haven't heard from him recently. I have some money in other stocks he promoted and just want to get an idea about how his recommendations work out. I'm getting skeptical about my investments in those stocks. Just skeptical, not pissed off yet. I passed on this one because it is "win all-lose all" kind of stock. If the technology is real you'll get your money back (if you got on board late and now losing) or you'll win a lot more (if you got in very early). If it's not.. It's a sort of 50-50 game. Not the best risk-reward ratio play. Gambling .Good luck to you guys. From technical perspective, the stock gapped down on a big volume. Draw your conclusions.