Party Poker stock up big today???

Tofu_boy · #1 03-30-2007, 01:53 PM

It's seemlike a good news for us I think... Maybe PP will be back to U.S. soon??? Let hope that will happen.
Anyway stock up 20% today... is that WTO victory news? any anything else anyone?
http://finance.yahoo.com/q?s=prty.l
[img]/images/graemlins/cool.gif[/img]

TheRock69 · #2 03-30-2007, 01:57 PM

Wow that is a huge increase. Online gambling stocks have to be the most swingy stocks on the market.

fnord_too · #3 03-30-2007, 01:59 PM

This is probably speculation based on Representative Frank's initiative. There is nothing whatever in the news about Party itself. Further there is no gurantee if the UIGEA is repealed that Party would reenter the US market.

Grasshopp3r · #4 03-30-2007, 02:00 PM

The key to me is the large volume that is supporting the upward moves. Party also released some interim numbers, but I did not see them, so perhaps the move is related to better performance.

grando · #5 03-30-2007, 02:05 PM

US better not be going back - I'm on the hugest upswing ever!

Tofu_boy · #6 03-30-2007, 02:15 PM

I'll be back to PP in heart beat if it really happen....

Coy_Roy · #7 03-30-2007, 02:17 PM

[ QUOTE ]
Further there is no gurantee if the UIGEA is repealed that Party would reenter the US market.

[/ QUOTE ]

You can't really believe this I hope.

monkeyman · #8 03-30-2007, 02:31 PM

the percent increase is wrong. it closed up 3-4%.

Little_Luck · #9 03-30-2007, 03:45 PM

It's cause of this

http://www.betsage.com/gamblingnews/...tatesloses.htm

Even though I don't think this will help things at all. I think people are overestimating what effect this will have.

Tofu_boy · #10 03-30-2007, 06:02 PM

[ QUOTE ]
It's cause of this

http://www.betsage.com/gamblingnews/...tatesloses.htm

Even though I don't think this will help things at all. I think people are overestimating what effect this will have.

[/ QUOTE ]

but the % increase is too high???? a week or 2 ago they already have 15% increase day b/c of this new??