Rumours/facts over the passed two months havent helped the share price.
1)EK shorting
2)Large director sells against lock in agreementre placement/issue of shares at 14p
3)Minimal director buys
4)No news releases/updates re 'promises'
5)PartyGaming, Empire online etc all spouting client base spending likely to fall although visitor to sites increasing.
6) Every Tom Dick and Harry into Casino internet companies.
7) Doubts as to the Random number generator and alleged 'Flop advantages to increase spend.
8) Gambling and gaming laws unacceptable to US population
9) Private Investor confidence well and truly waning.
10) Shorts being activated Sp falls like a house of Cards (Excuse the pun)
11) 2p to 20p earlier this year due to EK and his band allegedly accessing the Casinodotcom web site to manipulate the Hitwise rankings.
12) Those I'm sorry to say (like me in at the minimal price and out at 14p and many times in between)made a killing. Therefore MM's balancing books at year end.
13) I believe there will be support of this comapny at 8p but this price will be taken down by a gradual walk down of the sp.
But I suppose GMC can hope for a profitable 2006 lets face it for all who are sailing on her it can't get any worse.