TRANSGAMING INC. V.TNG

Global Maxfin Target Price

[TheWolfOfBaySt]

It has been two months since their last update. They currently have a $0.60 target price on TNG. It will be interesting to see their target price after THE news is released. WR

[vulturecapital]

I don't think news will impact the share price, at least not in a lasting way. Only revenues and profits can help at this point. With globals target already 5x higher than the current price, they are way out on a limb and won't be raising it for a long time, but they may lower it to save face.

[TheWolfOfBaySt]

I totally agree with you VC. The only way I see the share price go above $0.21 is with massive buying from institutions. I do not see that happening before the end of August. Institutions like to have fresh financials. WR

[DRMacLachlan]

Again, it won't happen overnight.  Now is the time to get in at a discount while there's still some uncertainty.  Obviously the risk is much higher but if you wait for good news, you'll have to jump on the bandwagon at a higher price.  I think it's worth averaging down here if you can.  If you don't own, I would definitely recommend starting a position.