Re: PARTY WINS
A lot of the dumping yesterday was down to the CEO of Empire making comments of flat future growth in an interview outside of the results that I think were published yesterday. Listening to some business analysts on the radio this morning they didnt have a clue on what the new skin structure meant or the industry generally and these are the guys buying and selling the stock.
The issue has been it looked like the gaming industy was making huge profits and would have huge growth, the growth isnt as big as some people seem to have thought but you are left with profitable businesses the share prices in Party will stabalise and probably bounce back a touch the as next few sets of results come out.
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