How can I buy stocks on London Exchange... PRTY.L

wickedgoodtrader · #1 10-31-2007, 03:42 PM

I was thinking that with all this talk about the legislation reversing.. it might be a good time to pick up a bunch of Party Poker or Neteller. They're on the London exchange.. I'm in the US.. how would I go about buying some?

john kane · #2 10-31-2007, 04:14 PM

i've just been thinking the same. the stock is pretty cheap at around 31p, i followed this a lot around jan and feb.

i can see a rally over the next few months up till 40p and pure speculation. personally i don't think party will ever be good again in the US, but speculation will bump it and at 31p even without the US from what ive read it's pretty solid value. looks like a low loss high gain trade.

as for how you do it, no idea, i dont know how you go about it, i am from uk so i dont know sry.

john

Mark1808 · #3 10-31-2007, 04:54 PM

[ QUOTE ]
I was thinking that with all this talk about the legislation reversing.. it might be a good time to pick up a bunch of Party Poker or Neteller. They're on the London exchange.. I'm in the US.. how would I go about buying some?

[/ QUOTE ]

You can buy LSE stocks through Schwab but they will not allow you to buy online gambling stocks!! I think you might be able to open an ETrade account and do it but as I recall there is an issue with getting screwed on exchange conversion. They should invent a worldwide communication system where global transactions are seamless. Maybe Al Gore can figure it out.

pokerpunchout · #4 10-31-2007, 05:55 PM

Party has a pink sheet tracking stock that you can buy through most brokerages, the symbol is PYGMF.PK

maxtower · #5 10-31-2007, 09:26 PM

I think Etrade is a good way to go. Look into their global platform.

Danastasio1 · #6 10-31-2007, 11:30 PM

[ QUOTE ]
I think Etrade is a good way to go. Look into their global platform.

[/ QUOTE ]

I used it for a while, but wasn't to happy with the fee structure.

http://seekingalpha.com/article/4456...mes-at-a-price