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#1
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Party/Sporting Bet shares jump on talk of US law change
Interesting bit of news, http://www.bloomberg.com/apps/news?pid=c...id=auxJUSTI_D0A
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#2
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These same analysts no doubt correctly forsaw the UIGE as well
Puhleeeze.
When Frank Fahrenkopf says "not a chance in Hell", are you instead going to believe some across the ocean analysts who likely were caught last time by their inability to read US politics ? |
#3
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Re: These same analysts no doubt correctly forsaw the UIGE as well
keep your hair on mate, I didn't say I believed anything .....jesus.
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#4
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Re: These same analysts no doubt correctly forsaw the UIGE as well
okay, so you post things you do not think are accurate, without a disclaimer ??
Sorry, if you were misunderstood. |
#5
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Re: These same analysts no doubt correctly forsaw the UIGE as well
In general i trust the moves of the market alot more than i trust analysts. Generally, the market will tell about a companies prospects before any writer could since the financial incentives are high.
However, in this case i tend to agree with Milton. If you read alot of Berge and Nate's posts it definitely seemed like there was a fairly decent chance of an i gaming bill passing, while the markets largely ignored it in October. It probably has to with the fact that largely non americans are trading, investing in these companies. In all honesty from reading stuff on here and other places i dont really think the climate has changed that much if at all. I suppose behind the scenes the banks could be complaining, etc. but im definitely skeptical. |
#6
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Re: These same analysts no doubt correctly forsaw the UIGE as well
There could be some truth to this.
US banks are already under a heavy heavy compliance burden. they have to comply with FDIC, OCC, FFIEC, state regulators, privacy regs, etc. etc. etc. And often each of these government agencies has their own examiners/auditors. Banks are likely not very happy about having to comply with yet another reg, this time one that turns them into a de facto law enforcement agency and for what? gambling? Interesting to see what happens next. |
#7
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Re: These same analysts no doubt correctly forsaw the UIGE as well
Milton,
Please don't poop on the postive stock buzz for party. Mitch Garber and Ms. Paradise and Mr. Dikshit have more shares that they need to unload and want a nice little runup of the stock price before they dump those shares. |
#8
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Re: These same analysts no doubt correctly forsaw the UIGE as well
who is Frank Farhekpf=eiejwhateva? NM, I googled him.
and thanks for pooping on the positive news, BluffTHIS! |
#9
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Re: These same analysts no doubt correctly forsaw the UIGE as well
[ QUOTE ]
Milton, Please don't poop on the postive stock buzz for party. Mitch Garber and Ms. Paradise and Mr. Dikshit have more shares that they need to unload and want a nice little runup of the stock price before they dump those shares. [/ QUOTE ] prop bet on party shares being substantially up from today X years from now? it'd have to be a very long bet obv, but... |
#10
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Re: These same analysts no doubt correctly forsaw the UIGE as well
I'm interested in the 11-14% runup to say the least. These don't happen by accident.
Who knows though what it is about. |
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