View Full Version : If and If (more WPTE)

02-20-2005, 07:59 PM
<font color="red">IF </font> Party IPOs in Britain for around $5 Billion (see Barron's this weekend -- "PartyGaming, the parent company of the dominant poker Website, PartyPoker.com, reportedly is considering an initial public offering in London that could value the four-year-old company at more than $5 billion. PartyPoker.com is estimated to control as much as 50% of the market") and . . .

<font color="red">IF</font> WPTE is able to get its own site up and going . . .

what is a fair valuation for WPTE?

Stock Whiz
02-21-2005, 09:49 AM
If they can earn 10% of what Party Poker brings in, their price will be around $100.

03-01-2005, 09:51 PM
You really can't listen to this guy...if I told him that brad and jen got back together he'd say obviously that the price of WPTE would go up 10% in the next week as a result.


Stock Whiz
03-02-2005, 09:51 AM
Don't listen to me look at the chart yourself.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wpte&amp;sid=0&amp;o_symb=wpte&amp;freq=1&amp; time=7

IPO in August around $8, now over $19. When it hits $25 within 30 days, and $100 within 18 months, we'll see who is right. All stocks relating to poker are exploding and WPTE has the biggest price appreciation potential. Don't say I didn't tell you.


03-02-2005, 08:06 PM
Do I smell poker bubble?

03-04-2005, 05:42 AM
If the queen had balls, she'd be king.

03-04-2005, 01:24 PM
WPTE will always be similar to the small auction site trying to catch up with EBAY. And the fact that they will not allow US players will definitly keep them from getting anywhere.