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Old 09-07-2005, 05:48 PM
CrazyN8 CrazyN8 is offline
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Join Date: Nov 2004
Location: Sweet Home Alabama
Posts: 453
Default Re: Anyone notice PartyPoker stock lost -33% of value the other day...

[ QUOTE ]
Party poker shrinks by 4.8%
Empire poker grows by 8.3%

Stocks plummet!

Shows what the insiders really understand about their investment... [img]/images/graemlins/cool.gif[/img]

[/ QUOTE ]

I don't think you are looking at this the right way but correct me if I'm wrong. Party is much bigger than Empire. As an example: 4% of 100,000 is a lot more than 8% of 1,000 in total amount. That 8% growth may only account for .1% of the total where as that 4% loss could account for 1% of the total. See where I'm going? It's just a though. I'm pretty sure the insiders don't have a feel for the industry but I'm pretty sure they know the numbers better than I do.
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