Market Maker Surveillance Report. IDN, VII, ISNS, DGLY, MGT, ADMP, Winning Stocks With Lowest Price Friction For Tuesday, September 2nd 2014
M2 - Thu Sep 04, 9:47AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Tuesday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Tuesday there were 4916 companies with "abnormal" market making, 2511 companies with positive Friction Factors and 2570 companies with negative Friction Factors. Here is a list of the top companies with the largest percentage gain per share Tuesday and low price friction (bullish). This means that there was more buying than selling in the stocks and their stock prices rose faster with less Friction. Intellicheck Mobilisa Inc (NYSE:IDN), Vicon Industries Inc (NYSE:VII), Image Sensing Systems Inc (NASDAQ:ISNS), Digital Ally Inc (NASDAQ
MGT Announces Winners of DraftDay "Big League Blast" Baseball Championship
PR Newswire - Wed Sep 03, 12:44PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) would like to congratulate the winners of the DraftDay Big League Blast tournament (www.draftday.com). The participation rate was outstanding as the championship game filled to maximum capacity and the website paid out $250,000 to thirty of its players in the tournament. The contest's winner, screen-named RunItUp, took home $55,000 for first place (as well as 12th place) and many other top players qualified for the Championship multiple times, boosting their winnings in the process. Notable winners included MattTruss223, AngryFish, naapstermaan, and Al_Smizzle. Congratulations to all! Full commentary can also be accessed on MGT Sports information portal, www.fantasysportslive.com.
MGT Capital Investments, Inc. Comments on Recent Trading Activity of Its Common Stock
PR Newswire - Tue Sep 02, 11:21AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) was notified today by NYSE MKT of unusual trading activity in its stock, and the Exchange requested the Company to respond by press release to the unusual activity. The Company's general policy is not to comment on market rumors or speculation, including unusual market activity, and instead urges investors to look to the Company's filings with the SEC and its official press releases.
MGT Reports 2014 Second Quarter Results
PR Newswire - Thu Aug 14, 3:05PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) today reported financial results and operational developments for the fiscal second quarter ended June 30, 2014. Developments during the quarter and recent weeks subsequent to quarter end are as follows:
MGT Announces Strategic Review
PR Newswire - Tue Jul 08, 7:20AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that the Company has begun to interview investment banking firms to aid it in reviewing strategic alternatives. This decision is based in part to help review certain unsolicited approaches in the past few months as well as to seek all alternatives to enhance stockholder value.
MGT Gaming to Focus its Litigation Efforts Against Aruze Gaming America
PR Newswire - Tue Jul 08, 7:15AM CDT
MGT Gaming, Inc. a subsidiary of MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that it has made a strategic decision to focus its resources and litigation efforts against Aruze Gaming America, Inc. in the United States District Court for the Southern District of Mississippi (Jackson Division), in which MGT Gaming alleges infringement of U.S. Patent Nos. 7,892,088 and 8,500,554 by Aruze Gaming America's products known by the trade names "Paradise Fishing" and "Amazon Fishing." Accordingly, MGT Gaming has dismissed its lawsuits against WMS Gaming Inc.
MGT Capital Investments, Inc. Comments On Notice Received From Iroquois
PR Newswire - Tue Jul 01, 11:22AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) (the "Company"
MGT Acquires DraftDay.com
PR Newswire - Tue Apr 01, 8:03AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into an asset purchase agreement with CardRunners Gaming, Inc. to acquire the DraftDay fantasy sport business and software platform. MGT will pay $600,000 in cash and approximately 100,000 shares of common stock to acquire the DraftDay assets. The transaction is expected to close within one week.
MGT Teams Up with VegasInsider.com
PR Newswire - Wed Mar 19, 9:40AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a revenue share agreement with VegasInsider.com, Inc., whereby MGT subsidiaries, FanTD, LLC and MGT Sports, Inc. will exclusively provide the technology infrastructure enabling VegasInsider.com to offer a self-branded daily fantasy sports platform to its user base.
MGT Subsidiary Inks Top Fantasy Sports Gamers
PR Newswire - Wed Mar 05, 1:26PM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary FanTD LLC has entered into an incentive-based consulting and marketing agreement with an entity formed by Nicholas Dunham and Charles Chon, each of whom are leading daily fantasy sports players. The exclusive relationship will entail input on site design and functionality in order to enhance the player experience, and promotion of the site through a variety of channels, including audio and video media and high visibility events. Mr. Chon operates under the screen name Condia; he is widely regarded as the most skilled competitor in daily fantasy sports, and placed second in FanTD's $500,000 Football championship in December 2013. Mr. Dunham uses the screen name 1ucror and has participated in hundreds of thousands of daily fantasy sports contests.
Iroquois Capital Delivers Letter to MGT
PR Newswire - Wed Feb 05, 8:01AM CST
Iroquois Capital Management, LLC (together with its affiliates, "Iroquois"
MGT Provides Litigation Update
PR Newswire - Tue Jan 28, 8:34AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that the U.S. District Court for the Southern District of Mississippi has issued an Order setting the timeline for electronic discovery and the Claim Construction Hearing in MGT Gaming's patent infringement lawsuit.
MGT Capital Asserts New Patent in Infringement Lawsuit
PR Newswire - Mon Sep 09, 8:00AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Gaming, Inc. was recently granted U.S. Patent No. 8,500,554 (the "554 Patent"
BUYINS.NET Issues MGT Capital Investments, Inc. SqueezeTrigger Report
PR Newswire - Fri Sep 06, 8:45AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) has been informed today that BUYINS.NET a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance has initiated coverage on MGT after releasing the latest short sale data through September 4, 2013. According to BUYINS.NET: 1.) The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares; 2.) Approximately 25% of daily trading volume is short selling; 3.) The SqueezeTrigger price for all MGT shares shorted is $4.26; and 4.) A short squeeze has just begun as the stock closed above its $4.26 SqueezeTrigger price.
BUYINS.NET Issues MGT Capital Investments SqueezeTrigger Report
M2 - Thu Sep 05, 11:06PM CDT
BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on MGT Capital Investments (NYSE MKT: MGT) after releasing the latest short sale data through September 4, 2013. The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares. Approximately 25.29% of daily trading volume is short selling. The SqueezeTrigger price for all MGT shares shorted is $4.26. A short squeeze has just begun as stock closed above its $4.26 SqueezeTrigger price.
MGT Capital Acquires Online Poker Technology
PR Newswire - Wed Sep 04, 8:15AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Interactive, LLC has acquired certain assets from Gioia Systems LLC, the inventor and owner of a proprietary method of card shuffling for the online poker market. Trademarked under the name Real Deal Poker, the technology uses patented shuffling machines, along with permutation re-sequencing, allowing for the creation of up to 16,000 decks per minute in real time. Each newly created deck is then "dealt" for a hand of online poker, complete with burn cards and the option for a player to "cut" the deck. In addition to providing a higher level of realism, each deck provides an authentic randomized deal and full audit trail; both missing from currently used random number generating algorithms.
Faruqi & Faruqi, LLP Launches An Investigation Against MGT Capital Investments, Inc. (MGT) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Sat Aug 17, 9:00AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MGT Capital Investments, Inc. ("MGT Capital" or the "Company"
MGT Capital Investments, Inc. Receives Additional U. S. Patent
PR Newswire - Tue Aug 06, 11:14AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has been issued United States Patent number 8,500,554 entitled, "Gaming device having a second bonusing event" (the "'554 Patent"
MGT Capital Investments, Inc. Files Application For New Jersey Casino Service Industry Enterprise License
PR Newswire - Mon Jul 29, 8:00AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has filed an application for a New Jersey Casino Service Industry Enterprise License (CSIE). According to regulations promulgated by the New Jersey Division of Gaming Enforcement (NJDGE), companies providing Internet gaming software or systems, and vendors who manage, control, or administer games and associated wagers conducted through the Internet, must obtain a CSIE. By submitting its application by the July 29, 2013 deadline imposed by the NJDGE, MGT can expect to be considered for suitability prior to the "go live" date of November 26, 2013 for i-Gaming in New Jersey.
MGT Capital Investments, Inc. Expands Its Daily Fantasy Sports Business
PR Newswire - Tue Jul 23, 8:25AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today the purchase of certain assets from Fantasy Day Sports, Corp., operator of the industry's original daily fantasy sports website, and from Daily Joust, Inc., which operates another popular destination for daily fantasy sports players. Since the launch of its pioneering website, www.fantasysportslive.com, in 2007, Fantasy Day Sports has paid out millions in cash prizes. On www.dailyjoust.com, users have enjoyed over two years of exciting and innovative contests.