PartyGaming IPO - The London Stock Exchange - Page 7

#62 () 06-27-2005, 10:31 PM

Can one of you guys convert 116 pence to USD. Thanks I'm too lazy right now

#63 () 07-01-2005, 05:46 PM

It looks like whoever got in on it is doing quite well thus far

http://www.manchesteronline.co.uk/men/busi..._with_cash.html

PPP · #64 () 07-29-2005, 04:44 AM

After one month, Party is up over 50%... from 116 to 176.

(And Sportingbet is going through the roof as well.)

Flopster · #65 () 09-06-2005, 07:44 AM

Has anyone checked Party's stock today?

It dropped to 106p.

Yikes...

They have published their quarterly results. They seem to look good. Not sure why the huge drop in share price.

#66 () 09-06-2005, 10:59 AM

I just saw that on Bloombeg. I reprinted the article in our news section as well. Maybe someone knows something that we don't which could have caused the stock price to take a nosedive. Thats a pretty drastic decline for one day. Although I am not as familiar with the London Exchange this could just be a correction in the market from what may have been overpriced to start with.

On the flip side it could also be a good buying opportunity.

#67 () 09-07-2005, 12:33 AM

The stock price dropped because there was concern about their growth rate over the last quarter slowing down dramatically, and also concerns cited in their report that 86% of their customers are in the USA where the legality of playing poker online is "questionable".