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Iao Kun Group Holding Company Limited Message Board

  • marketmaker79 marketmaker79 Mar 25, 2014 2:34 PM Flag

    WOW* What a horrid quarter! Looks like Funds WERE NOT BUYING - The company was!

    So that crazy high volume run up was the company buying back shares, and only limited fund participation. Somehow a gaming company in the hottest market in the world managed to LOSE money in Q4????

    Commissions exploded to 1.08%, this is just another report with the same theme....

    Nothing is working for this company.

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    • Yupper, that is why they are up 7% today, and the company isn't buying shares today due to the blackout period. Imagine how bad they be going "up" today if the company could buy shares today.

      Again, they had a lot of additional expenses in Q4 that they will not have in Q1, listing expenses, acquisition expenses, etc. Q1 results will beat expectations, and hopefully the listing can be completed + the company will buy more shares in Q2.

      $6.00+ with HK listing. The company will continue to buy shares while under book value.

      Sentiment: Strong Buy

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