Shorting Party Gaming right now +EV?

[Sniper]

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I thought we could just buy PYGMF.PK?

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There are lots of reasons not to do that... starting with its a low volume pink sheet stock which you won't be able to short.

[maxtower]

Shorting party is probably not a good idea right now. The news has already hit, so by the time you get into a position, most of the damage will have been done. Then you run the risk of watching the stock go up do to the US gov't having trouble actually enforcing their new law. Of course if you think this law will pretty much shut down online gaming, and party doesn't make a big negative move on Monday, then you may want to short. However I believe it will be months before we see the real effects of this ban. In that time you may not get the desired effect of your short.

[solucky]

perhaps you can buy a few thousand verry cheap on Monday. I buy them for XX pence!!!!!!!

[BeL0wMe]

http://investing.reuters.co.uk/stock...rty.l&fs=1

FUCKKKKKKKKKKKK I WOULD HAVE BEEN RICHHHHHHHHH, ONE DAY TOO LATEEEEEEE

[nextgenneo]

[ QUOTE ]
Shorting party is probably not a good idea right now. The news has already hit, so by the time you get into a position, most of the damage will have been done. Then you run the risk of watching the stock go up do to the US gov't having trouble actually enforcing their new law. Of course if you think this law will pretty much shut down online gaming, and party doesn't make a big negative move on Monday, then you may want to short. However I believe it will be months before we see the real effects of this ban. In that time you may not get the desired effect of your short.

[/ QUOTE ]

lol

[JimGil]

post deleted.

[Goodnews]

lesson learned, ive been watching this issue for a good couple of weeks now, and the whole time ive been worrying...

remember kids, you dont get clean by rolling in the mud.