I like to follow stocks, sometimes i make money, sometimes i lose. I believe WMS is bottoming and the share price will soon turn up. The setup isn't perfect but WMS looks soldout, afterall, they have fallen from around 55 in dec 10. I think the next 3 - 6 months will be very good, i'm looking for 25ish.
At WMS 's conference call they said that they were increasing their R&D in the previous quarter and the next quarter. Hence beause the analists didn't want to hear this, or" believe it" they were downgrated to a sell. I agree with you exactly.I also feel hopefully, that their new platforms will target Macau, they have very little if any penetration.Macau is a bigger market then Las Vegas.Stay long and stay strong.
The problem with Macau is that Chinese people don't like to gamble on slots. They like playing cards and gamble on sports games. Unless they make a kiosk where you can gamble on sports no machine will really work for the Chinese. But the Korean do like slots, it is destroying lots of lives in Korea.