Scientific Games Corporation Message Board

Just like management does.

Short ratio is at 6, highest I have seen it..Could be a short squeeze could be mgmt setting up to sell off
into it or it could be emtock purchase program, think its dec & may..Whatever its a bullish sign historically but for sgms most likely manipulation to whack out the unsuspecting main street investor. That contract was announced a while ago.

If you can get past 9 and stay there that would be something in itself.
The stockholders were expected to approve, when has the stockholder not approved? name a company.
SGMS has had so many new and exciting "things" most of us have lost count. SGMS has proven it is not good at integrating mergers. They assembled a team but didn't mention who's on it. The merge will prove to be a disappointment to all but the WMS stockholders that get the payout and invest in a real company that makes money. When this acquisition begins to lose money ALW will declare it an internal expectation and announce the next "new thing" that will put them on track. Its 10 - 15 years of promises with nothing to show but conference call transcripts and the families new house, cars and inflated personal savings account. Stockholders get nothing but a write off of up to 3000.00/ year on their investment loses.

SF - One of the 2 analysts representing companies I never heard of asked about internal expectations vs external expectations(like making money, or showing some progress) and whether or not they'd be sharing "internal expectations". ALW is not going to change. Still the pompous CEO he was 10 15 years ago.
He can do no wrong and considers himself the authority of the lottery industry. Over the years he has spoken about many exciting projects and opportunities and none, zero have come to fruition.
This lawsuit pending against WMS could be nothing but then again might be something. It wasn't addressed.
If not settled then sgms would be on the hook for legal fees etc. Given the dismal performance and direction that's occurred for more than a decade. What is holding this stock up? Most mutual funds don't have patience for 1 bad quarter let alone many. Individual investors don't account for much, no dividend, and a delusional management team that has a new buzzword or new "vision" every other quarter? Should be a 2 dollar stock.

Sentiment: Sell

I found this little nugget to be of interest:
The top-line decline was primarily attributed to lower sales of lottery systems and terminals and lower-than-expected instant ticket revenues.

Instant ticket revenues remained flat on a year-over-year basis but declined 2.7% sequentially to $122.8 million. Sales of lottery systems and terminals plunged 28.4% from the year-ago quarter and 53.4% from the previous quarter to $15.0 million. Service revenues decreased 5.9% year over year and 9.9% quarter over quarter to $81.8 million.

Scientific Games' U.S. instant ticket retail sales decreased 2.0% year over year in the quarter. U.S. lottery systems customer retail sales plunged 14.9% year over year in the first quarter.

Sentiment: Strong Sell

This stock is predictable.

The range has been 29-34 for a long time. I paid close to 31.00 and tempted to sell at this level and catch it at 29-30. Now, it looks like it busted thru 34 and change into 35 and it has been on a tear.
What is the catalyst that is going to hold it up or go higher.?

Sentiment: Hold

Another way to look at it is. Hey, if the banks are willng to lend 2.6 BILLION then perhaps they know something and sgms is a good bet. Seeing their losses quarter after quarter, and now another infusion of big money only fortifies my belief that the stock is being held up so the banks can profit on these selloffs into rallies. I could say the whole market is rigged like most younger investors these days but scandal, corruption,etc on wallstreet has been going on since inception. Interesting times.

Sentiment: Strong Sell

I would replace could with should.... I have 37 stocks that I watch and today 35 of 37 are green
The 2 red ones are SGMS(no suprise) and SLV the silver etf.. Gotti would shoot ALW and his cronies if he owned just one share of sgms.

I dont think so. the deal is a buyout so no shares change hand.
They don't have to say where they are getting the $$. Banks, and many corporations have huge piles of cash sitting around. The banks dont want to lend money for mortgages as they see housing as a depreciating assett. Unlike the debacle that got us into this mess when homes were appreciating the banks were quick to lend thinking a default would not be a big deal in a rising housing market.
So, the JPMs, BACs they have complex risk analysis tools and so what they do is go after companies that will pay 6, 7 % as opposed to 3.5 on a 30 year mortgage.
Same thing w/ bigger cash infused companies they can sell corporate bonds @ 3,4 percent and lend it to a company like sgms for 6,7 percent. IGT always had a good relationship w// sgms. I was speculating that perhaps theyd lend $$ to sgms then buy the whole company, and sell the lottery division. This would give IGT the revenues of WMS a competitor of IGT that they probably couldnt go after directly because of antitrust laws. Just speculation and far fetched to say the least.

Sentiment: Strong Sell

I wonder if IGT will buy sgms after the WMS merge and sell the lottery divisions..Deja Vu ;)

Sentiment: Strong Sell

Yeh, I visited your site...dude! need cash sell sgms, its a bottomless pit. Yer supporting ALW's nieces and grandaughters and stuff...coulda thrown darts and made money in the last 3 years and this crumbles goes sideways, up a bit, then sellers into the rally its an endless loop. Theres a horse running @ belmont named HARD-ON, put 10 on the head because its in the bag.