Member Info for crookman

Funny that!!! Credit Suisse decided that today would be a good day to repost their UP and 99p again….that’s team work for you.

I have to say, I can’t disagree with thier view BUT, I think it’s out of date. They’re remarks are true of the last few years but as you say malta based on the last pre-closing statement the corner is being turned. Prior to the poker software update they were averaging 1800-1900 cash players on the .com site, now it’s 2200 and the really key point is the value they are getting from each player is now greater than previously so with that in mind the numbers alone are not the whole story. Is this a failed re-launch? Not to mention the groups reliance on poker is only 20% of their revenue stream, what about the rest? This is not detailed by MS. My view on brokers is like many others, I don’t take too much notice as they always have other motives for there actions. Let’s see what comes from the Q4 and year end results as well as the Q1 guidance, we will then have more real world fact to work with. I do find it funny that after every reiteration of a buy and price guidance of 140 to 200p nothing happens, yet one broker goes the other way and bang we get an adverse reaction, I don’t think investors are that easily lead and even today the buys outnumbered the sells despite the price dropping. It’s the old standard DYOR.

Yes, it’s not uncommon for this to move without news that’s normal, but I just wonder why the sectors taken a hit today without any clear news?

Any idea anyone?

http://www.onlinepokerreport.com/10064/new-jersey-online-poker-and-gambling-growth-continues/

Sorry, really can't remember and like you can't find it.

eddy, it was just an impairment charge relating to the merger, not an actual loss.

The weather link has now updated, but it was -7 with chance of snow. I love bad weather!!

I was right.... http://www.weather.com/weather/5-day/Atlantic+City+NJ+USNJ0015:1:US

Just noticed we are over 400 cash players right now in NJ, really good for mid afternoon on a weekday, must be really bad weather at the moment. Always helps :)

Hi albus, Thanks for keeping the board going today, still nuts at work so almost impossible for me to get involved at the moment. I’d stay away from RRL for a while if I was you, the pitchforks and torches are out for you it seems. If RRL is 5p soon then BPTY will be £5…lol, neither likely to happen anytime soon. Good news about the poker numbers yesterday a real step up, although WSOP was up too. Also nice to see the price going back in the right direction, I do think that the share trust selling is holding the price down a bit. Like you I’m looking forward to some stats in 2 weeks which will move the price a little again assuming good news. DOWN WITH POKERSTARS!!!

Some large sells gone through in the last 20 mins, All O trades totalling over 1M shares.

albus, Happy New Year to you too. I think the app players are all counted towards the grand total of player numbers on PokerScout so should help push the number up in Jan (as long as it works well) no tournament play yet on the app only cash games so the rise might be slow until they sort that out. Although the average figure on PS are only cash players anyway but with tourneys added the cash crop should increase also.

Thanks malta, Happy New Year mate.

Yep, that's how it reads as far as I can see.

You too mate, and same to everyone else.

Interesting.....2.5M sell. Was this the large order they were trying to fill early this week?

albus, fair point and think your right about the RNS. It's the trust part that muddies the water, I'm not sure what the difference is between a trust holding and an actual company/individual one. Who knows?

http://www.4flush.com/opinion/is-party-poker-poised-to-become-the-pokerstars-of-the-us/15532 The fact this sort of story is even out there is positive.

Malta, another nice call on the closing price my friend.