Post by
stillbob on Jun 29, 2015 2:39am
Volatile trading this week.......
Greece will be defaulting on Tuesday.
Markets will take a hit today and probably tomorrow but this thing has been dragging on for so long and has already been discounted so much that I don't think it will go on for too long.
Greek voters will vote YES in their upcoming referendum by a large margin but I'm hoping the EU will just tell them it's too late to do any more negotiating and they'll just have to get out of the EU. That would be best for both the EU and every other country.
To us, as TNG shareholders this next week will give us an additional insight into the viability of Transgaming. If the stock holds up reasonably well it would indicate that investors believe that the company has truly turned the corner and is on the right path to increased revenue.
Myself, I'm going to look at this week as an opportunity to add to my position at cheaper prices if the opportunity presents itself. I think Transgaming is worth quite a bit more than $7 million.