#11
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Re: Crytologic (CRYP) Press Relase 3rd Qtr earnings
CRYP trading up to 19.50 in premarket trading!!!
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#12
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Re: Crytologic (CRYP) Press Relase 3rd Qtr earnings
Wow! CRYP delivered an incredible earnings report today. Earnings were up big both on the casino and poker side. Surprisingly, casino revenue increased faster than poker revenue. Management continued to reiterate their belief that the current market valuations of their stock does not reflect the true value of the company. On the topic of their cash stockpile, management quoted Warren Buffett on the prudent use of the money. Along with established plan for an increased dividend and maximum share repurchasing, management also discussed the possibility of a special dividend as well as the profile for acquisitions of other software developers that specialize in skill games such as mahjong, chess, checkers, backgammon and developing mobile software platforms. Looking forward into 2006, William Hill and UKBetting contracts expire in 2006.
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#13
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Re: Crytologic (CRYP) Press Relase 3rd Qtr earnings
[ QUOTE ]
CRYP trading up to 19.50 in premarket trading!!! [/ QUOTE ] What a pleasant surprise for a stock that had so far been a nightmare to own. This should give it some great momentum for the next quarter also. Go CRYP! -James |
#14
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Re: Crytologic (CRYP) Press Relase 3rd Qtr earnings
CRYP closed the day at 20.51 up 22%.
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#15
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Re: Crytologic (CRYP) Press Relase 3rd Qtr earnings
CRYP is off to the races again today. Yesterday CRYP closed at the day's high, up on massive volume. It's up another 6% in early trading today on similarly high volume.
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