At Party: January 2005 sign-ups, less than 30% still play there(+more

[lu_hawk]

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So let's get this straight: A large, thriving, successful business doesn't keep growing exponentially, and now it's doomed?

The losing players are going to decide to quit losing money, by moving it to guaranteed losing gambles?

Getting out of Party Poker now is like folding every AA to a bet on the flop in Hold'em, because you think someone got a set. You're just seeing monsters that aren't there.

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if the stock was being valued based on huge growth and that growth slows down significantly then the stock will fall significantly. doesn't mean the business is doomed but you will lose money if you buy overvalued stocks.

[krazyace5]

This stuck out for me...

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That may continue: while a fifth of the travel industry has already migrated to the internet, only 5 per cent of gaming is currently carried out online.


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[kdog]

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i dont like this. if pp starts to crumble, less reloads

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Actually, it may mean more reloads as they attempt to retain customers. Heck when they were trying to build the player base they used to pay us 10% interest a year(paid monthly) on our average daily balance and all they required was 200 hands per month.

What is a punter?

(I don't speak english. Well like they speak in England, anyway. [img]/images/graemlins/wink.gif[/img])

[gusly]

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Did anybody ever think that bad customer service, buggy software, service interruptions, and increased rake *might*, maybe, just have a little something to do with it?
[img]/images/graemlins/confused.gif[/img]

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I left PP months ago for those very reasons. And I'm a winning player. About a week ago they sent me an email saying that if I don't return to play regularly before 9/30, my Players Club Points would be forfeited. They were also nice enough to give me the choice of logging in to redeem them before that date if I didn't want to lose those "points you have played so hard to earn!" [img]/images/graemlins/grin.gif[/img]

Well guess what Party Poker. I don't respond to threats, and I don't need your bullshit as long as PokerStars is around.

[NSchandler]

Ummm, this is from the guardian, of course. Taking financial advise from a socialist is like taking medical advice from Dr. Kevorkian.

In all seriousness, though, if everybody is so convinced that Party is going under, why doesn't everybody put their money where their collective mouths are and sell Party stock short? I'm not saying it won't happen, but I fail to give much credence to anybody who pontificates about the future of the stock market without monetizing his or her beliefs in some way.

[Mendacious]

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The NL fullgames are full of cigarstore indians

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Sorry, what does this mean? I don't get the reference.

[RunDownHouse]

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I fail to give much credence to anybody who pontificates about the future of the stock market without monetizing his or her beliefs in some way.

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I fail to give much credence to most of those whose profession is monetizing their beliefs in the market.

[BradleyT]

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The NL fullgames are full of cigarstore indians

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Sorry, what does this mean? I don't get the reference.

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The smoke shop I go to buy cigs at is owned by people of Indian descent and they're always on a laptop (but not sure if they're playing poker).

[grinin]

punter = gambler