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#1
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party poker
I own the pink sheet party poker stock (3500 shares), I bought it at 1.17, it has shot up to 2.05, what goals should I have for this stock and when should I get out?
thanks or any advice, Noah |
#2
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Re: party poker
i bought at 1.44 and it's now 2.32 and i'm getting the hell out. a large portion of their profits came from blackjack and i think that despite an initial spike, the game won't produce similar return or growth in the future, something wall streeters (or londoners) don't much understand.
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#3
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Re: party poker
You vastly underestimate Party's competitive position!
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#4
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Re: party poker
[ QUOTE ]
You vastly underestimate Party's competitive position! [/ QUOTE ] Please elaborate. (For me personally, I'd love for you to do a full Porter's Five Forces analysis on it, but really just any old elaboration will do. One-liners like this just leave a bit of a "Yahoo message board" taste in my mouth, and I know we're better than that on 2+2. [img]/images/graemlins/smile.gif[/img]) |
#5
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Re: party poker
Buf,
Party is the market leader and I see no other site with the capability at this time to challenge it. Further integration of its casino product will only help further monetize its large player base! They are making all the right strategic moves, although sometimes the execution isn't perfect. |
#6
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Re: party poker
Well it will be interesting to see if their blackjack blitz hurts the site long-term. The way they're promoting it (BJ) so heavily is certainly going to break many fish very quickly.
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#7
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Re: party poker
I'm quite new to trading and still educating myself. I wanted to buy some options on partygaming a while back and will in the future but there seems to be no market. When do stocks get options markets attached to them? is it just a general volume thing?
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