TRANSGAMING INC. V.TNG

Sell the company or see this through?

[Syngut]

In 2012, Sony bought out Gaikai for what many say was a steal for 380 million! Flickr in 2005 sold to Yahoo for 35 million and Instagram sold to Facebook for 1 billion dollars in 2012, both photo sharing sites. Snapchat recently turned down 3 billion! Although long term prospects look really good for Transgaming, you can't help but wonder with the money being thrown around, if the temptation to give in to the almighty dollar is too alluring. They are in a favourable position with the contracts signed, unlike Gaikai who had revenue issues. Either way, I think Transgaming investors are in a win/win scenerio.

[domdesm]

This post has been removed in accordance with Community Policy

[domdesm]

This post has been removed in accordance with Community Policy

[Syngut]

A very good and interesting point!

[QuietWater]

The thought has crossed my mind. Which is the only reason I'm thinking of selling at this point in the game. I'll wait it out until after the quarterly release, but if I don't see any meaningful change in the stock price after the quarterly (i.e. if it's staying at 30c) I'm out.

[robmackman11]

I sold earlier this week due to this reason. I simply don't see the Q2 numbers being very good. Very little has occurred in Q2 to generate revenues. I don't believe any significant GameTree numbers will be recorded because none of the deals happened early enough in Q2. I am still bullish on TNG in the long run, but feel the stock will be soft for the next several weeks.

[Tradex2x]

It's kind of puzzles me we All have waiting the last two days for some type of a jump start if something doesn't happen soon the stock will start the fall we need some type of announcement not old videos  continuously post on the site. If there is no movement by mid next week the stock will be going to fall

[dayindayout]

do they really need that? Look at BlackBerry. They announced a loss of 4 billion on there report, but there new ceo also announced a new partnership and the plans for the company to turn around. There stock started rising like crazy. I think it was 5.80 on the tsx. 3 weeks later it was hitting 10

[Tradex2x]

You are comparing  blackberry TNG blackberries a huge company with world exposure TNG is a new company that is trying to get world exposure all I am saying that if something doesn't happen soon I will be like your namesake a day in and day out

[domdesm]

This post has been removed in accordance with Community Policy

[Junit]

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

[robmackman11]

I am prepared to accept the fact that there could be a news release and I may miss my chance to re-enter. The technicals support my trade heavily, but a news release could turn those on their heads. Junit, thank you for not attacking me as many bullsih investors (or traders do). Transgaming looks like it has a bright future so those who are holding should not be too nervous. The downside risk is

[SizzlinSteaks]

Totally agree. I think investors will be looking to buy on any weakness. Investors know the potential here and I believe any pullbacks will be short lived. Long term gains should be extrordinary.