Re: Odds of Party collapsing on Saturday?
[ QUOTE ]
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.
[/ QUOTE ]
I agree with this 100%. Once Party loses the critical mass they have today, they'll be just another also-ran with a lobby that looks like a ghost-town.
Once they shut the door on US customers, it's officially over for them.
|