posted
This is one GOOD looking chart I'm seeing here superman! I am very optimistic about this baby. ACCUMULATION is incredibly awesome! Lets see what this one will do today. Should be nice!
-------------------- Please do your DD. Break some bread with me! Posts: 1138 | From: atlanta | Registered: Apr 2006
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posted
seems to me that anything in .005's is a decent bet to make money. chart looks safe in that area and seems to me news is just around the corner. never know, its all a roll of the dice.
posted
someone bidwhacked all day. should get bettter, before worse. the selling at the bid is drawing out other sellers. the weekly chart is insanely oversold still.
posted
looks to me today was a mm head fake, charts say that this has got to give, weekly is so oversold its silly, its a matter of time imo. you can see the levels this used to trade at, now tioga downs and vernon downs are running, with gaming facilities going in each. looking very good for the setup to over .01 if you want to hang on for the ride..charts tell the story.. could easily run to .03 imo
posted
i have to admit that .005 at the ask looks enticing, not sure why so much selling. may be the last time to get in this low. who knows. weekly chart is still wayyy oversold.
posted
TORONTO, ONTARIO--(MARKET WIRE)--Oct 27, 2006 -- TrackPower, Inc. (OTC BB:TPWR.OB - News) today announced the grand opening of the new 33,000 square foot gaming facility at Vernon Downs and the completion of the $4,000,000 renovation and expansion.
Visitors are enjoying the new amenities including 777 video gaming machines. The facility's entertainment offerings opened in August with a newly renovated grandstand, restaurants, lounge arcades, entertainment, retail, live racing and simulcasting. Vernon Downs is located in Vernon, New York near Syracuse
Okay, just to make sure I'm not missing anything, because based on my DD, I feel like I'm on another planet than the rest of the investor community with this one.
Prior to the opening of this casino last month, the company showed no revenue and the PPS was in penny land. To boot, this is an OTCBB reporting company. Since the release of the PR above, the PPS has dropped to .005
Correct me if I'm wrong, aren't we talking about the multi-billion dollar gaming industry here with a new gaming casino that just opened in New York of all places. Surely the next financial statement is going to be read slightly better, the PPS is .005 and dropping? What am I not seeing here??? Buying more I am! Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
i like it to drum, look at my past posts here, they just opened the gaming facility at vernon downs just recently. news should come soon, gonna take patience..
looks like they got all the hard work done, did all the construction, opened etc, seems like it should get better, now they are up and rolling. never know, its all a roll of the dice?
posted
i was bored, looking for reviews of tioga or vernon downs. looks like this random guy brought a date there and had fun, gotta like how he said the gaming room floor was packed. Im looking to hear about strong revs with these places up and running.
Andrei strikes a pose in the lobby at Tioga Downs. The horses may not be racing at this time of year, but the video gaming consoles sure were packed.
next most likely pr maybe..? vernon downs just opened their gaming facility too, havent pr'ed it yet though. this guy that resigned recently may be the culprit that is selling at the bid to these levels. hopefully he's done soon.
posted
As it relates to TPWR and the managing of Tioga & Vernon Downs, thought I'd post here.
Nevada Gold Appoints Robert Farinella General Manager of Tioga Downs and Vernon Downs Friday November 10, 4:01 pm ET
HOUSTON, Nov. 10, 2006 (PRIMEZONE) -- Nevada Gold & Casinos (AMEX:UWN - News) announced today the appointment of Robert ``Bob'' Farinella as Senior Vice President and General Manager of Tioga and Vernon Downs in New York State. Mr. Farinella is replacing Eric Persson, who has resigned to return to his hometown of Las Vegas to pursue the purchase of a business enterprise. Mr. Persson will be working closely with Mr. Farinella during the transition phase. Mr. Farinella was most recently President and General Manager of Prairie Meadows Casino and Racetrack in Altoona, Iowa, one of the largest gaming and racing resorts in Iowa. He was responsible for the opening of Prairie Meadows and its subsequent $120 million expansion. He has also served as General Manager of Jumer's Casino Rock Island in Illinois and consulted in the development of various Native American and riverboat gaming facilities. Mr. Farinella started his career in the U.S. military where he was responsible for over 6,000 gaming machines worldwide. He holds a B.A. in Commerce from the University of Maryland and an M.B.A. from the University of Utah.
``We very excited to welcome Bob Farinella as our new Senior Vice President & General Manager to Tioga and Vernon Downs. Bob brings tremendous experience and leadership and we look forward to his future contributions which will enable these two facilities to achieve their optimum potential,'' said John Arnesen, President and Chief Operating Officer of Nevada Gold & Casinos. ``We also want to thank Eric for his tremendous dedication and hard work in getting Tioga and Vernon Downs developed, positioned and operating. We wish him well in his new endeavors.''
Posts: 616 | From: Mid West | Registered: Mar 2006
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posted
the writing is on the wall with this one, always hard to predict any penny, but from these levels, and what they have going for them, i like my chances a lot. a situation where all the bad news could be over and now it is time for a lot of good news as i have seen this partnership with nevada gold as extremly succesful, it just hasnt been exposed to the public yet. a classic case of get in before news here maybe. I have no crystal ball and I love to speculate. but this looks like good oppty. too much selling with this one,looks exhausted. time to see some buying for a change..
posted
looks like this simmonds guy, the chairman that resigned, could of been bad apple, recently thrown out. I think people are trading like bad apple spoiled the whole basket. not sure if that is the case.
its nothing i can substantiate right now, trying to figure out the selling. my dd shows company has a lot going for them. so I'll hold for now. thinking good news is awaiting. I have to look into the new chairmans comp package also. although, i would think he would try to get pps up a little more with what they have going on before any big selling. ya never know..? its all a roll of the dice. I did notice that .007 wall turned into .006 wall then mm's broke down that wall even toward .005 they came eod. this may just be normal mm activity to break down the wall and accumulate, like me, lol.. nice shot to over .007 with any momo.. doesnt mean that another wall will form.. have to watch it closely..
posted
I am in, i like the looks of this one but wonder what i might be missing. Anyone know how many shares the corporate guys hold? Does not seem to trade very many shares looking back over he last 6 months even on its big days.
Posts: 3875 | From: ca. | Registered: Jul 2005
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hey wish, good to see ya. now we may get some good luck..
a lot of questions about this one right now, but i think i've explained my point of view. i am guessing selling is from questions about simmonds stepping down.
I am expecting news about revs from the newly opened gaming facilities at tioga and vernon downs. Or other good news soon. seems to me the bad news is done for now. never know with these pennies..
posted
I just don't get this one being this low, but like you say it is a penny. I thought instead of feeding the video poker machines which i do a little of, i thought i would try the other side. I sure have not seen any of these casino's down my way go under, all i see is that they continue to expand, lots of money to pay for their expansions from the gambling. The race track part of it also brings in more people and cash, but the small racetracks and some of the larger one's have trouble surviving by themselves these days without other types of gambling. Most of the tracks down here have tried to get video gambling in many times and have been pretty much unsuccessful except for Hollywood Park, they have some card games but not allowed the video gaming which seems to be where the big money is. Cannot figure how this track got their video gaming in when other big tracks in New York were turned down. Guess we will see where this one goes, i hope i can find more out about why it is so low, or it could just be that there is some games being played with the stock hard to know.
Posts: 3875 | From: ca. | Registered: Jul 2005
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