Monday opening bid for PRTY.L : 40?.

Baulucky · #1 10-09-2005, 03:20 PM

Gosh, the underwriters must be really pissed...

The LSE WILL open an investigation this week. IMO.

It really looks like someone had been selling a lot of stock prior to all these announcements. Dikshit maybe?.

bottomset · #2 10-09-2005, 04:06 PM

interesting developments

jrobb83 · #3 10-09-2005, 04:10 PM

Why do you think this will cause Party's stock price to take a dip?

Baulucky · #4 10-09-2005, 04:15 PM

Because I'm short.

Petteri · #5 10-09-2005, 04:23 PM

Sudden 40 % decrease of players in Party Network does not please investors I think.

ncboiler · #6 10-09-2005, 04:25 PM

[ QUOTE ]
Sudden 40 % decrease of players in Party Network does not please investors I think.

[/ QUOTE ]

40%? I think it's much smaller than that. And that is if NOBODY switches over to party from one of the skins. And the people that were playing the skins but counting towards the number of people on the party network did not contribute much to party's bottom line.

jrobb83 · #7 10-09-2005, 04:39 PM

[ QUOTE ]

Sudden 40 % decrease of players in Party Network does not please investors I think.

[/ QUOTE ]

A decrease in the Party Network sure, but there will undoubtedly be an increase in the number of players on Partypoker.com. As I understand it, their profit margin is far higher on partypoker.com players than on Party Network players.

So the real question is if the additional profit created by players switching back to Partypoker.com will make up for the profit lost when players never switch back.

What does Party think the answer to that question is?

Guthrie · #8 10-09-2005, 04:41 PM

Then there's the small matter of the massive lawsuits by all the skins.

RikaKazak · #9 10-09-2005, 04:42 PM

Well man, you're a little off on this one, first off it's going to take a while for the LSE to realize that there has been this big of drop off in players. Also pp can do some interesting reporting so no one except the serious investor/player will know what's really going on. Second shareholders/stock price is based on the P/E ratio, not how many players play on it (for the long term). For the short term stock prices are largely based on supply/demand. PP stocks will be more affected by the addition of blackjack then by the breaking up of skins. For your information if you do not currently know the P/E ratio and don't know what a usual gaming stock trades on the LSE DO NOT TRADE YOUR OWN STOCKS, buy mutual funds for the love of GOD!!!!!

discliamer:

(I used to daytrade stocks for a living, but DO NOT PM me for advice on stock trading, if I don't know you, I won't give you advice)

beeyjay · #10 10-09-2005, 04:42 PM

i think this has to be good for party. all the pros play on the skins for rakeback. this means that theyll all be stuck playing each other on tables with nobody on them and so theyre gonna switch to party to follow the easy money. this means the people that play the most are going to be playing on party equals good for party.