Great Canadian Gaming
I'm still watching this stock TSX:GCD. I'm still interested, and i think its hot.

From the financial and gambling press, it looks like a winner....and with vancouver considering slots (as all the other areas in the GVRD already have), the future is pretty bright...check out the case made in this article.

So, it looks good. the area needs hastings park, and the ruling on the slots will have to extend to all companies....so will vancouver let hastings park slide? hell no....they'll let the slots in. and they need money...9-10 mill/year is something any city council could use...

on another front, great canadian is building the super mammoth bridgepoint development which will house eventually 900 slots! unbelievable. also, the area will 18 acres, have pubs, clubs, restaurants, a live events stage and offices..wow. they are going whole hog....the bought the place for a pittance, and they are spending up to 100 m on the place...just the slots themselves will bring in about 81m/year after its all said and done. incredible..

so it looks good for now...i don't think the stock will go anywhere right now over the summer, but in the fall i think it will rip it up...P/e is about 13....growth is averaging 25% on rev, profits, ebita and PEG is 0.5. nice. okay and the daily volume? pretty low.

one problem: a lawsuit. gcg has been accused of turning a cruise ship into a floating brothel, and backing out of/screwing up a businees deal according to a former partner. this is tough..the lawsuit is for 41 m! i'm not sure of the outcome of this one. apparently the US company that filed the claim is sort of out of jurisdiction (it filed in dallas, tx) but...its yet to be decided. the canadian financial press has had little news on this one. just one of those costs of business, i suppose.