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Message: JUSTFAX ... a somber look at GC

Hmmmn

Strange performance. Hit $8.25 first of March this year then, zoom down $2.00 in June and zig zagging back and forth up to $7.00 which is above the 40 day average.

Another firm I checked gives GC a full-target value of $10.00. They're value, safety, and timing calculations were just so-so. They do forecast future earnings at EPS -50 cents, an earning yield of 7.14%, P.E. of 14.10, with a get-out and sell at $6.59. They have 83 million shares.

I read somewhere that for 17 persons who go in to play Slots that only one comes out a winner. Gee, 1 in 17 should make the Casino lots of money going by that average. I know they have a few quids of mine from past years.

Why are they not making Bigger Profits is the question.

Too much overhead? Someone skimming? Need new management?

Darned if I know.

Leaves me too muddeled so I would rate it a Hold for now and watch daily.

Good Luck.

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