party poker to have ipo?? - Page 2

DVO · #11 02-05-2005, 04:37 PM

I am the most deeply skeptical, value-oriented stock investor you'll ever meet. ( I do this for a living). It's hard for me to imagine touching any IPO; basically IPO's are a way for insiders to hype up and cash out at the expense of a gullible public.

But there are rare exceptions, and they become fabulous investments.

Starbucks. Microsoft. EBay.

You have to look at PP's numbers when they come out. It's a phenomenal business and can scale to infinity.

It might be worth it.

AA suited · #12 03-06-2005, 03:23 AM

[ QUOTE ]
Yes, this is a way for the owners to cash out at the peak. Party poker is right now a profitable business, but it's hard to imagine it will see substantial growth (i.e. double or triple the number of players and amount of rake) that would justify the float size they mentioned in the article.

So it's not quite as bad as buying echeesegraters.com in 2000, and it won't necessarily tank in the near future, but there will probably be better market opportunities.

[/ QUOTE ]

what is a float? And what size is it? (you need to register to read the article now.)

AA suited · #13 03-06-2005, 03:24 AM

[ QUOTE ]
I am the most deeply skeptical, value-oriented stock investor you'll ever meet. ( I do this for a living). It's hard for me to imagine touching any IPO; basically IPO's are a way for insiders to hype up and cash out at the expense of a gullible public.

But there are rare exceptions, and they become fabulous investments.

Starbucks. Microsoft. EBay.

You have to look at PP's numbers when they come out. It's a phenomenal business and can scale to infinity.

It might be worth it.

[/ QUOTE ]

Is it possible to get in at IPO prices? If so, how? (in this case i mean.)

wickedgoodtrader · #14 03-06-2005, 10:57 PM

How would one go about being able to buy this stock since it's across seas?

RevAgain · #15 03-09-2005, 05:59 AM

It's going to be listed in London if it does float, just Neteller me however much you want to invest and I'll sort it all out for you [img]/images/graemlins/grin.gif[/img]

RevAgain · #16 03-09-2005, 06:06 AM

More seriously - it shouldn't be a problem should it? I've only ever bought a couple of stocks and both were London stocks but surely if I want to buy Microsoft shares, for example, I just use my broker as usual?