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SVNP.PK - Your thoughtsSVNP.PK - Your thoughts
GoodFella said: "Hi everybody,
I have been researching about SVNP (777 Sports Entertainment Corp) lately...
Anyone has any thoughts on this stock?
Thanks!"
AlfredSokol said: "They hired an invesment relations company on 8/22/2005, so they should be spamming message boards any day."
LanceJ said: "I don't like Internet casino stocks trading on the Pink Sheets. A friend of mine just last month purchased stock in an Internet casino that just opened, trading on the Pink Sheets. He purchased it for about $0.01 which seemed like a great deal, until it fell to $0.001 after it's "promotion" phase was done.
Secondly, I'm biased against anything having to do with a casino because they hurt people. Let me explain. The former office manager at the company I work for had a secret gambling habit. She would drive about 1 hour away to Table Mountain Indian gaming casino and had built up a debt of $70,000 from her activities.
No one knew about it in the office. She was as mean and cold as ice. She would steal money from tenants who paid rent. Those tenants were evicted for non payment of rent so they were hurt. The officer workers were also hurt because she blamed missing money on them and got 3 innocent people fired before management caught on. The gambling addictions hurt her family, her co-workers, and tenants renting space.
Gambling, for this reason, is outlawed in many jurisdictions. Don't get me wrong, I'm happy for the Indian people whose lifes have been improved by gambling casinos allowed on Indian land only here in California.
But gambling has a dark side. A side so dark in fact that the California State Board considered that the $$ spent, in tax dollars, to rehab people who developed gambling addictions, while not charging Indians tax didn't make sense. So now, we tax, and we have more treatment facilities springing up to rehab people who get addicted.... just an inevitable consequence of having gambling casinos? Maybe.
But after I was accused of stealing from the company I work for. And the stress it caused me and my family, and watching former co-workers I liked leave, some in tears claiming they had never stold, I resolved to never be a part of the casino gambling industry, online or offline.
But I'm not the only one who would not invest in Internet gambling casinos. You've got an increasing majority of Christians who feel that gambling is unethical and against Jesus Christ's teachings. Now I don't want to debate whether or not the bible and/or Jesus is against gambling... I leave those debates for the Preacher men... suffice to say there is a lot of opposition to gambling for various reasons.
Now you couple that with the fact that this is a Pink Sheet company, which carries with it added risk by this fact alone, and I chicken out.
You have more huevos than I my friend... and, while I wouldn't buy any of it, I seriously hope you make your fortune with it."
HappyHarry said: "Seems like way too much of a gamble to me :)"
avan100 said: "i been watching this stock for very long time, and this is the first one i know moblie gambling site. i will try to buy some. the company will still fully active tomorrow so don't miss a chance to make $$$."
GoodFella said: "Yeah they are supposed to Officially open tomorrow sep 1st.
I've seen the volume increasing in the past few days.. lets cross our fingers."
avan100 said: "I don't see any problem at all. for short term i don't know, but for within one month and two. i am very sure you will see the stock pop. this is third online gambling stock i invest. first two i did very good. i m sure this one will too. remember there have NFL, NCAA , porker, asian porker alot of action........big money right ...good luck."
GoodFella said: "Today we had a nice PR:
[url]http://biz.yahoo.com/bw/050908/85267.html?.v=1[/url]
And AmericanBulls gave it a BUY Confirmed today!"
SoothSayer said: "I see SVNP as having room to [u]continue bounce from recent bottom[/u]. Tried to snag some in the 'teens' without success - too slow on the trigger.
But the [b]OBV[/b] and [b]MACD[/b] are heading up, and the [color=black][b]RSI[/b][/color] is just now inching above the [u][color=darkred][b]50 LINE[/b][/color][/u], so those in are likely to see [color=darkolivegreen][b]'greenery'[/b][/color] in the coming week, imo.
Still holding my [b]$1.35[/b] position, btw, and worth a hold as swing [i][b]and[/b][/i] in case strongly rumored news actually comes for this company in the short-term.
[b][url="http://tinyurl.com/c8pm3"]http://tinyurl.com/c8pm3[/url][/b]"