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Dover Downs Gaming & Entertainment Inc. Message Board

ich1banf40 162 posts  |  Last Activity: Feb 14, 2014 12:34 PM Member since: Jan 10, 2013
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  • ich1banf40 ich1banf40 Feb 14, 2014 12:34 PM Flag

    There are 3 people on these boards that should have their free speech rights banned..... you literally bring down the collective IQ of others and destroy value by opening your mouth.

    Never post again please.

  • Reply to

    Why I am right and SVM is a steal

    by ich1banf40 Dec 2, 2013 11:00 PM
    ich1banf40 ich1banf40 Dec 5, 2013 2:00 AM Flag

    Ryu, I believe cyrpto-currencies can be the bain of all FIAT existence. The chinese government will MOST likely regulate all cyrpto currencies in its borders. Think about it, the darling mega-giant mercantilist banks that operate in China can never compete with a fee-free currency.

    The big banks in China are owned by CCP members. They will never let their cash cow die due to lack of fee generation.

    Ryu, be very contrarian in your thoughts, even more than you already are. I have considered the possibility that the US Fed is actually the creator of Bitcoin. Think about it. What better way to track everyone than by "selling" the idea of cryptographic encryption that is supposedly bullet proof.... and oh it was all created by a pseudonymous person named "Satoshi".... "See it wasn't us, it was someone in Japan that made it".

    As, I have spoken before. The world governments will look for a 1 world currency, and this may be their darling all along designed to dupe everyone.

    I have a friend who has a PhD and he can't even figure out how to buy Bitcoin and he doesn't understand it although he tells me constantly the "rationalist" argument of why you should own it, which are all the arguments of why you should own gold and silver.

    My point is that there is NO possibility that gold/silver can ever be traced and BTC's biggest claimed advantage is being anonymous.... what if, just what if BTC was a Trojan Backdoor?

    I don't mind that it is currently anti-fiat, but it also doesn't mean one day that governments can regulate it and issue fractional reserves against them (just as they can with gold).

    My point is that Gold is the only object to pass the 5 characteristics of money stated by Aristotle. BTC passes 4, but has no intrinsic physical value.

  • They told me I was wrong to put $1000 into Bitcoin when the price was $10 a coin and now it has increased more than 10,000% from $10. The told me I was wrong to buy Sirius Sat. when it was at 97 cent.... now at more than triple the price. They told me I was wrong to buy Ford at its 20 year lows, now it has increased more than 10 fold.

    They told me I am wrong to buy corn before it exploded last year. They told me I was wrong to buy biotech's focused on bird flu vaccines that have now since tripled in China before the N7N9 scare.

    Now they tell me I am wrong to buy SVM.

    I have not made 1 wrong investment in the last 10 years. This is going to be one of the best investments of 2014 and I can see this easily going to more than $25 a share. Yes, I may have made some short term calls that did not come to fruition yet....key word, yet. But if you go with my call here, you will be sitting right in 2 years time.

    Keep buying and sit tight. This is one for the ages.

    Sentiment: Strong Buy

  • Reply to

    Problem is the debt

    by fewoo321 Nov 21, 2013 11:38 AM
    ich1banf40 ich1banf40 Nov 21, 2013 12:08 PM Flag

    At Caa1, no investor is going to buy ANV bonds for anything less than 9%.

    Company's can't just magically sell their bonds at yields of 3% when they are rated below investment grade. Just doesn't happen.

    Verizon, Baa1, yields. 6.55% for its long term bond.

    Sorry to say, but this is how the market works, this isn't some personal credit card account.

    The only way ANV can refinance at lower rates is in a good gold market, until then, you just have to wait.

  • Reply to

    0 shares available to short according to IB

    by sou1ec Nov 20, 2013 3:36 PM
    ich1banf40 ich1banf40 Nov 20, 2013 3:44 PM Flag

    lol

  • Reply to

    3.58 bookvalue

    by espo1900 Nov 15, 2013 12:59 PM
    ich1banf40 ich1banf40 Nov 15, 2013 2:22 PM Flag

    Won't happen. Institutions in at 6-10$ a share on this one. They'll hold dover for its future payout value as an internet gambling consortium.

    DDE is the next Penn.

  • ich1banf40 ich1banf40 Nov 12, 2013 4:38 PM Flag

    LOL @ your comment. You look so ignorant.

  • Reply to

    Why ANV went down from $35 to $4 ?

    by l.kumar Nov 11, 2013 2:33 PM
    ich1banf40 ich1banf40 Nov 11, 2013 4:03 PM Flag

    Dude where have you been? Most miners are down 80-90%

  • Reply to

    DDE: The Next Internet Play

    by ich1banf40 Nov 7, 2013 4:54 PM
    ich1banf40 ich1banf40 Nov 11, 2013 9:57 AM Flag

    It was a quiet launch. The loud launch will be later this month when the State Lottery system advertises it all over their website.

  • ich1banf40 ich1banf40 Nov 11, 2013 9:56 AM Flag

    nice plan

  • ich1banf40 ich1banf40 Nov 8, 2013 1:05 AM Flag

    I am long on this stock, and I think it has some room to drop for tax off selling, but not the gloom and doom of $2... maybe down to 3.50$. This stock will turn around in 2014 when PMs recover and when their production gets ramped up from the Merrill Crowe.

    The shorts are in it because they think it is going bankrupt.... there is no way 75% institutional ownership will let something like this go bankrupt. They will get the funding. Shorts are trapped at 20% float and will have to buy back eventually.

    Good luck to all.

  • Interesting Twitter just IPOed..... a lot of fresh money that just made about double today will be looking for the next internet play...... here it is.

    Sentiment: Strong Buy

  • "Gold ounces sold in the third quarter of 2013 increased 51% to 52,713 ounces, compared to 34,851
    ounces sold in the same period of 2012. The 52,713 gold ounces sold in the third quarter is an all-time
    quarterly record and represents an increase of 27%, or 11,201 gold ounces, from the second quarter of
    2013."

    Good luck shorts, you are in for one interesting ride. 51% YOY increased production. They are expected to produce 600K ounces of Gold by 2016 per annum. If I were short now, I would be looking about how to get out.

  • Reply to

    SVM to Be Bought Out at Some Point

    by fluffter Nov 4, 2013 3:45 PM
    ich1banf40 ich1banf40 Nov 5, 2013 9:45 AM Flag

    Well, you have to realize that large miners never make purchases when other small-mid cap miners are severely undervalued because they can't justify the cash expense in downturn times to their shareholders.

    It isn't just SVM, it is every miner that is depressed and undervalued. Look at CLaude Resources, 3+ million ounces of gold and it sells for .17 cents in the safest mining jurisdiction in the world, Canada.

    The whole market is depressed and you would only see SVM being bought out when the acquiring companies share price is over-valued. There are several studies that show this to be true too, companies almost never purchase other companies when they are supposed to in the mining industry.

    SVM will not be bought out, just hold onto your shares, the silver and gold market will recover in 2014 which will offer us way more value than a buyout which would make you a loser on your shares.

  • Reply to

    I must say I did not see these 2's coming.

    by pierrules Nov 1, 2013 2:17 PM
    ich1banf40 ich1banf40 Nov 1, 2013 5:10 PM Flag

    I don't have IB ryu but there was an outage in Nasdaq earlier today, what is going? What you seeing on your side of things?

  • Reply to

    I must say I did not see these 2's coming.

    by pierrules Nov 1, 2013 2:17 PM
    ich1banf40 ich1banf40 Nov 1, 2013 3:03 PM Flag

    Pier, it will be back above 3 before you know it. The slam in metals yesterday was its main driving force. It takes time.

    PMs are like a rubber band. You have strength for 5 years and it can only be down for so long. Once it rebounds, it will be quick and fast for us back to the top.

  • ich1banf40 ich1banf40 Oct 31, 2013 3:11 PM Flag

    Talk about yelling fire in a theater.

  • ich1banf40 ich1banf40 Oct 29, 2013 12:00 PM Flag

    Jeez Wrssparks.... Don't fall for the neophyte asianvest.

    He is wrong. The cash held on the balance sheet is in US Dollars. It might be held in Yuan in China, but it is converted back to US dollars.....

    A cursory reading of the corporate presentation shows this as well as the balance sheet. It is 112 million USD of cash and cash equivalents. Now, because the yuan is not freely exchangeable it is denominated in Yuan, so the nominal amount is much higher, but if it were exchanged today, it would equal USD $112 million.

    Don't listen to neophytes like asianvest when it comes to investing. He can't even search a site on his own without someone handing the information to him.

  • ich1banf40 ich1banf40 Oct 28, 2013 1:17 PM Flag

    I thought this was SVM's board, not a sounding board for biotech companies that are hype and hype and hype until they make late stage II and III

  • ich1banf40 ich1banf40 Oct 25, 2013 2:31 PM Flag

    Oh but they do. Stansberry is the most successful investment newsletter. I don't listen to them but I know how many people follow their advice. You will have a tough time getting your sell price.

    There were probably several million bought over the course of a few days by his followers alone. They are what you call long-term holders, that is why he recommended such a large stop loss, because he is that bullish on the stock.

    Good luck Asian, I will tell you know and again and again. SVM won't hit 2.67 again for the next 12 months.

    You are in for a very long and painful ride to the top.

DDE
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