Re: Is Party a good buy?
Party has said they are looking for revenue streams in Europe and china. Right now, I think the traffic comes to party organically (party is not reaching out to china, and say come play at party). *I Think*
Now, if they can tap into asia whil USA is comatose, and build up loyalty there, it could explode (if poker gets popular). Add in the fact that it may reopen to USA, and this stock would be flying high.
However IMO this is no guarantee. Its atempt to get popular in asia and russia, and other places my fail, and US govt might say "screw you party". In that case this stock would be not great IMO.
too bad you didnt buy PRTY 5 days ago huh?
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