#11
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Re: Regulations are out - TREASURY PRESS RELEASE
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Partygaming stock has not jumped radically up or down on the release of the regs. Does this tend to suggest the present status quo will remain? [/ QUOTE ] Working in the Finance world, I can tell you exactly what this means.... Investors aren't sure what to make of the regs, just like the rest of us aren't yet. Watch it over time and I'll bet you see some steady but gradual move in one way or another. Also, look at the derivatives market for party stock (puts, calls, etc), as well as "insider" stock transactions (ie. officers of the company). Many times these are a far better indicator of what people with true knowledge of the situation are doing. At this point however, nothing is clear, so thats why you see no movement. |
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