24hPoker stock

[Kjell201]

Like most poker sites 24hPoker dropped a bit on the swedish stock exchange today.

However, 24hPoker have been banning US players for quite a while now and the recent bill shouldn't change anything for them since they don't have US players anyway. Actually, it's probably good because they might get more Europeans from Party, etc, moving to 24hPoker instead.

So I'm thinking that the -12% the stock dropped today is purely a psychological thing because the rest of the poker sites dropped and that because of that, it might be a good opportunity to go in and buy the stock now.

My knowledge of the stock market is very limited but is what I mentioned above sometimes enough to make a decision on buying a stock or do you always have to have more information to go by?