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06-07-2005, 01:12 AM
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I used to trade in the pennies and it just goes to show how sick the Party Gaming IPO is going to be if it actually does happen. If I can't get in on the IPO I am certainly going to pick up some shares at the bell and maybe sell off in a few days when it pulls back.
...................My thoughts though........penny stocks are all crooked, save your money and never fu*@ with them.
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06-08-2005, 05:51 PM
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We should make one IPO thread and Pin it.
--EG
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Affiliate Consultant Extraordinaire.
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06-09-2005, 09:04 AM
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SportingBet is close to 300GBP which is alot of money also per share.
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Its actually close to 300 pence, 3GBP not 300.
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What do you guys think the stock will come on at?
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Any ideas?
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06-09-2005, 09:13 AM
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Pinned it is......
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06-09-2005, 01:30 PM
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The Don Dadda
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Just wondering what you guys think the IPO will be valued at? I am a big investor, call me a safe investor. I have done very well investing in Canadian Bank stocks. Paying me great dividends and a return of 10-20% a year. Some that I am holding right now are CIBC "CM", Bank of Nova Scotia "BNS", and Royal Bank. I just called my stockbroker about Party Gaming and he said he was not to thrilled, but he has mentioned he wants me to buy more "BNS", so any inevstors out their on this forum theres a free tip, recently they were at about $50 they split and now back up to $39 within a year. BNS is I think ranked number one in Canada or very close to it. They should hit around $50 by years end.
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06-09-2005, 04:21 PM
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Although no US banks are underwriting it because it is gambling (God only knows why you guys outlaw online gambling and only allow casinos - we have bookies everywhere here in the UK!), apparently there has been a setback.
Something to do with institutional investors being wary of being linked with what is essentially an illegal activity on US shores.
Here's an interesting article from the UK Financial Times
http://news.ft.com/cms/s/19d7793e-d885-11d...000e2511c8.html
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06-10-2005, 03:29 PM
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Quote:
Originally posted by CAZ@Jun 6 2005, 03:03 PM
i just spoke with my brokers assitant at MSDW, she didnt know for sure if MSDW was an underwriter, was going to have my broker check on it. Wont know till late tomarrow when he gets back.
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According to my broker PartyGaming is nowhere to be seen on the "Syndicate List" which is what MSDW use to watch for all upcoming IPO's. He deosnt believe its going to happen anytime soon but would keep an eye open. That said he wasnt sure whether they would be underwriting it. THAT said , if they did underwrite, the allocation of shares to each office could be very small...
I havent yet opened an online trading account.
Any information i should know about in particular?....opinions on the good /bad/indifferent ?
Any one every look into sharebuilder?
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06-10-2005, 04:23 PM
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Quote:
Originally posted by ICISIC@Jun 9 2005, 12:30 PM
Just wondering what you guys think the IPO will be valued at? I am a big investor, call me a safe investor. I have done very well investing in Canadian Bank stocks. Paying me great dividends and a return of 10-20% a year. Some that I am holding right now are CIBC "CM", Bank of Nova Scotia "BNS", and Royal Bank. I just called my stockbroker about Party Gaming and he said he was not to thrilled, but he has mentioned he wants me to buy more "BNS", so any inevstors out their on this forum theres a free tip, recently they were at about $50 they split and now back up to $39 within a year. BNS is I think ranked number one in Canada or very close to it. They should hit around $50 by years end.
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Royal Bank has been on an expansion tear....
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06-10-2005, 06:20 PM
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etrade says there is no way an American can trade on the London Exchange, either through their US division or their UK division. They said I have to trade via "pink slips", which really doesn't interest me. Gonna have to check out some multinational b&m's next week.
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06-13-2005, 03:31 PM
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Reposting my post:
The stock will be hot.
I checked with interactive brokers, I did not mention the actual stock. This is their response:
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Yes, we offer the London Stock Exchange for trading, but please be aware that we can only offer the stocks which are in
the market segment SET1, SET2, SET3 or ETF`s. If this product would be in another market segment, then unfortunately
we could not offer this product for trading.
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Now a new problem which F#$KN SEGMENT WILL IT BE IN? :blink:
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