Re: Odds of Party collapsing on Saturday?
I used to be a highly rated stock market analyst - sell
I would bet serious money that the investment community does not understand that the exit of US players will lead to the exit of international pros i.e they are losing 95%, not 75%, of business. There is tremendous leverage to this dynamic.
The investment community also does not understand that in 1-3 months, party's core fish customer base (unaware something is amiss right now) will move on to other sites and forget about party. "Party Poker" brand equity will realistically eveaporate far quicker than a 40 stock price implies.
It will costa lot to rebuild - ask the folks who are trying to build absolute etc.
Please excuse my poor spelling and grammer - never my strengths.
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