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Old 11-28-2007, 03:29 PM
4_2_it 4_2_it is offline
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Join Date: Jul 2005
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Default Re: Party Poker is up to Something ... which D$D has inside scoop on

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Well, it certainly moved Party back up to 29 from 25, so it created some wealth for him.

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Since he isn't selling, that gain is just on paper. Maybe he expects the stock to rocket up or maybe he doesn't have as big a tax liability as he thought so he has no need to liquidate his holdings. I'm no Party apologist, I'm only saying that this is not that unusual a situation among CEOs and there can be other non-Party related factors behind it.

I guess I am just saying that I would not make an investment decision in a vacuum based on this type of information by itself.
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