
Finally, the time as come. Tomorrow morning GIGM will release earnings and I pray that this company will blow earnings out, so I can dump this P.O.S. stock. Above are the company's estimates and the proof is in the numbers, the stock is cheap. After CYOU reports, the stock went from $25 to $40 in about a week, so something similar may happen with GIGM. Here is what I am looking for on the release or conference call:
1. Their view on china on-line gambling for 2010 (in terms of % growth)
2. Updates on regulation centered around on-line gambling
3. Revenue actuals vs. estimates
4. EPS actuals vs. estimates
5. FY reaffirmed or upward adjusted outlook
I hope the anlayst who downgraded this company eats a pile of crow because I think the stock is worth $8.50 but investors need confidence and proof.
RF, where is WFC going? Price Target?
ReplyDeletehigher and to $28-32
ReplyDeleteI would freaking love to ditch my GIGM
ReplyDelete