| Bull or Bear |
| Buy-Its going up |
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37% |
[ 3 ] |
| Sell-Its going down |
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37% |
[ 3 ] |
| Short- Its going to crash more |
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0% |
[ 0 ] |
| Stay Away-Cannot decide |
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25% |
[ 2 ] |
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| Total Votes : 8 |
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| Author |
Message
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| geb9696 |
 Posted: Sun Jan 15, 2006 4:29 pm Post subject: Stock Research--GPIC |
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Investing VP
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| My pick for this week is GPIC. I honestly dont know what to think about this one. Should make for some interesting conversation. |
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| frusnak |
| Posted: Mon Jan 16, 2006 12:35 am Post subject: |
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CFO
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Here is some information I found on this stock.
Makes casino gaming supplies.
GPIC@$10.64... 52 week range...$25.54...$10.02
With only 8 million shares and a 31.77% float
12.8% institutional ownership
P/E is at least 25% higher than the industry average
Last quarter's earning considerably lower than expected....
http://www.gpigaming.com/ |
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| frusnak |
| Posted: Mon Jan 16, 2006 6:40 am Post subject: |
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CFO
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| Did not vote yet, waiting for more input, but as of now I'm inclinded to say no. |
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| Im Not Warren Buffett |
| Posted: Mon Jan 16, 2006 8:14 am Post subject: GPIC |
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CFO
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| frusnak wrote: | | Did not vote yet, waiting for more input, but as of now I'm inclinded to say no. | \
Why do you say no? The point of this is to share reasoning. 
I too have been completely befuddled by this stock. On a cash-flow basis, the stock is worth a MINIMUM of $15, and thats completely pissing on its ability to grow. I've followed this during its cryptic descent from $20, and every day it drops (and trust me, it seems to drop everyday) just makes it look like a better buy. It missed earnings, and has understandably been punished for that. But I think this is a classic Wall Street overreaction. See: Taiwan Semi (TSM) from July to present. Earnings looked dicey, the stock dropped into the $7s from over $9, and now its over $10 on new earnings strength. But I digress.
I really can't understand this drop. Balance sheet is healthy, and I'm holding it in my portfolio here. Hasn't been nice to me, but I'll stick with it. |
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| oppie1333 |
| Posted: Mon Jan 16, 2006 8:23 am Post subject: |
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Investing Associate
Joined: 09 Jan 2006
Posts: 13
This Month: 0
3550.03 e$
Net worth: 5,131.63
Portfolio Value: 1,581.60
Monthly Return: 7.70%
Trades this month: 0
Churn Rate: 0.00%Items
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| Im Not Warren Buffett |
| Posted: Mon Jan 16, 2006 8:29 am Post subject: |
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CFO
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| I am voting for "Buy - its going up" BTW. |
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| Sicilian |
| Posted: Mon Jan 16, 2006 9:54 am Post subject: |
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Investing Sr. Associate
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Geb, I would pass on this stock. IMHO there are too many other stocks that have momentum going for them. Also I have learned over the years to stay away from low volumn stocks. Just my thoughts.
Sicilian |
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| frusnak |
| Posted: Mon Jan 16, 2006 1:21 pm Post subject: Re: GPIC |
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CFO
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| Im Not Warren Buffett wrote: | | frusnak wrote: | | Did not vote yet, waiting for more input, but as of now I'm inclinded to say no. | \
Why do you say no? The point of this is to share reasoning.
I too have been completely befuddled by this stock. On a cash-flow basis, the stock is worth a MINIMUM of $15, and thats completely pissing on its ability to grow. I've followed this during its cryptic descent from $20, and every day it drops (and trust me, it seems to drop everyday) just makes it look like a better buy. It missed earnings, and has understandably been punished for that. But I think this is a classic Wall Street overreaction. See: Taiwan Semi (TSM) from July to present. Earnings looked dicey, the stock dropped into the $7s from over $9, and now its over $10 on new earnings strength. But I digress.
I really can't understand this drop. Balance sheet is healthy, and I'm holding it in my portfolio here. Hasn't been nice to me, but I'll stick with it. |
The reason I am inclined to say no is there are only 8 million shares and only a 31.77% float... this along with the high p/e and missing earns leads me to think this stock is way too volitile for me.  |
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| frusnak |
| Posted: Mon Jan 16, 2006 4:07 pm Post subject: |
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CFO
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| Sicilian wrote: | Geb, I would pass on this stock. IMHO there are too many other stocks that have momentum going for them. Also I have learned over the years to stay away from low volumn stocks. Just my thoughts.
Sicilian |
Sicilian makes another good point to shy away from this stock! |
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| geb9696 |
| Posted: Mon Jan 16, 2006 5:12 pm Post subject: |
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Investing VP
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| I posted this stock because of what many people have already mentioned. I could not get a handle on it. It is currently in a downward trend that started back when they missed earnings and has continued on ever since. Even with the miss in earnings the stock has been sold down to a level that I think it is extremely undervalued. The problem is that it continues to go lower and lower. I do not no what I would do with this stock at the current moment. When the growth numbers are adjusted to compensate for the horrible 3rd quarter that they had I still get a target price of over 15 a share. I think in order to better understand the stock we need to look into why they missed earnings so badly. When searching around I noticed that most of the companys in the gaming sector had a bad 3rd quarter. If you look at last year gpic had a bad 3rd quarter but then had a huge 4th quarter. Everything that I look at with this company based off of their growth numbers is telling me that it is undervalued. The problem is that these same numbers said that the stock was undervalued at 14$ and the stock is now trading around $10. I just can not seem to figure it out. |
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| nelaina |
| Posted: Mon Jan 16, 2006 5:42 pm Post subject: |
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CFO
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seems like lack of news is what is keeping this one down. especially with a low average volume
and the look at the major holders 
Major Holders
BREAKDOWN
% of Shares Held by All Insider and 5% Owners: 186%
% of Shares Held by Institutional & Mutual Fund Owners: 8%
% of Float Held by Institutional & Mutual Fund Owners: -9%
Number of Institutions Holding Shares: 11 |
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| Im Not Warren Buffett |
| Posted: Tue Jan 17, 2006 6:37 pm Post subject: |
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CFO
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| nelaina wrote: | seems like lack of news is what is keeping this one down. especially with a low average volume
and the look at the major holders
Major Holders
BREAKDOWN
% of Shares Held by All Insider and 5% Owners: 186%
% of Shares Held by Institutional & Mutual Fund Owners: 8%
% of Float Held by Institutional & Mutual Fund Owners: -9%
Number of Institutions Holding Shares: 11 |
The volume makes for some interesting daily charts... and I don't understand how the % holdings work. Negative percentages, more than 100%...  |
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| geb9696 |
| Posted: Tue Jan 17, 2006 6:39 pm Post subject: |
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Investing VP
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| GPIC continues on its downward trend closing the day at 10.26. When the 4th quarter earnings are released for this stock I have a feeling that there will be big movement. |
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| frusnak |
| Posted: Thu Jan 19, 2006 7:56 am Post subject: |
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CFO
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| Well we are kinda done with this one I guess? Seems like we had more input on VCLK. Anyway who is picking the next stock? |
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| geb9696 |
| Posted: Thu Jan 19, 2006 7:58 am Post subject: |
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Investing VP
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| I agree that we are done with it. It has continued its downward turn. It is now trading around 9.50 a share. Still extremely confused about it. So who wants to pick the one for today? |
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