Re: 60 minutes effect = free money
Here is my 2 cents....20 million people see the show, figure at best 5% buy the stock based on the show. What is the average dollar invested for the 1 million "new" investors? $1000? Thats 100 Million over several stocks...I recal party's market share to be about 2.2 Billion. Say party poker gets 80 million thats only about a 3% increase in market share. The fact that this will be a gradual effect to sell the new shares means outside market effects can move the price as well. This lowers your expectd yeild for the times when maret conditions hurt the stock. Also there is a good chance that 60 min will knock the stocks and negativly effect the stocks. Any large company holding many shares is more likly to dump on bad news that the avearge joe will buy on good news. IMHO, I don't see the stock price moving up till after Feb.
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