I cannot understand why this stock is staying so flat.
With all due respect mr e, you're not only worrying about the wrong thing, you're thinking about your investment in the wrong way. If I may:
27 is exactly right, the share price is flat because "Those that want to own this stock do".
Why don't more people want to own it? Much of it has to do with being listed on a virtual exchange that trades in a digital currency. Virtual,
BTC-denominated exchanges are small and have a limited number of participants. This is not likely to change as barriers to entry are formidable. Probably the biggest is the currencies' wild fluctuations in value and overall rapid appreciation. But beyond this, "real" investors won't go near virtual exchanges because they're unregulated, foreign, and participation requires conversion from fiat to
BTC. So, unless you have a large stash of the dosh already, you're likely to go elsewhere to put your money to work in the
BTC economy, and currently there are plenty of those opportunities - 2013 changed everything for
BTC. We're not in Kansas anymore......
As CasinoBitco.in continues to improve it's product and gain marketshare it will almost certainly attract venture capital money or an outright buyer. In either scenario, virtual exchange shareholders are, flat out, nothing but a nusance. No one knows what to do with them. You either have to negotiate a buyout (ie satoshidice), legitimize them somehow (ie VirtEx), or just screw them over (so sue me...). This should be your concern.
Meanwhile, think of your investment in CasinoBitco.in as the price of participation and ownership in an exciting start-up; you're an angel investor. It may hit big. You may lose it all. Either way, it's not IBM on the Dow Jones.
