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Old 07-13-2005, 07:17 PM
thuja thuja is offline
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Join Date: Jun 2005
Posts: 25
Default Re: Doyle Brunson\'s bid for WPT...

I agree with Newfant. This looks like a massive pump and dump scheme. WPT despite it's popularity, has not been able to generate tangible profits for its investors.

What better way for insiders to profit than coming up with a bogus takeover offer at a 100% premium to stock price?

Where there is smoke there is fire, and as an individual investor I would be extremely leery about putting money into this company.

What does it say about WPT's future financial prospects when the insiders would rather try and pump & dump to recoup their investment, than hold on to the shares because the company is a goldmine?
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