Partygaming Share Discussion Threads

[outfly] 24/12/2010 08:06

When it was announced it went to about £3.50 what went wrong!!!!!!!!!!

[davy855] 23/12/2010 19:09

Alternative view -



Gl all

Dave

[davy855] 23/12/2010 18:18

Grizzly with respect your chart is wrong. The first support point you have taken from the 22nd of July was a intraday blip & should not be used as a point of support. You need to use the 1st of July & the 12th of Nov. There is support here and we have closed right on it 206p. Its horizontal support and a major one at that. I placed a long just before the close with a very tight stop.

GL

Dave

P.S Try using candlestick analysis as its much more accurate.

[grizzly bare] 23/12/2010 15:11

Testing previous low of 206p. Not looking good.

Downtrend support at 198p/200p. If this breaks ....this is going down a lot further.

If it hits 198p/200p and support holds, should see a good recovery bounce.

Too early to know.

[larsson2] 22/12/2010 17:12

Looks like the full pattern is underway a drop to 2.05p at end of month and then the rally (I hope).
45million odd shares out on loan and no sign yet of that figure decreasing.

[wardy3] 22/12/2010 17:08

Shorters have control here, up to the management to put up some defence.

[larsson2] 22/12/2010 08:51

Would like to think its imminent as this is the floor, breakdown further and we will hit £2 which would seem harsh on the share price considering recent positive IS. share price has got to rebound up to 2.20 then 2.40 methinks.

[wardy3] 22/12/2010 08:40

Buys outnumbering sells on a daily basis, has to move up rapidly soon.

[wardy3] 21/12/2010 19:03

Heading towards an 18 Month low here with no reason apart from shorters, should bounce at some point soon.

[guidfarr] 21/12/2010 19:00

out of general interest how much cash does partygaming has?

and perhaps bwin?

just wondering if they might try to make an offer for 888

[larsson2] 21/12/2010 16:29

Hmm with hindsight bang went that theory, oh well hanging on now for the forthcoming days or weeks.

[larsson2] 21/12/2010 13:46

Oversold i say over 45m shares out on loan almost doubled since October so at some point share price will rocket as positions unravel. Just patience required now could be tomorrow or next week but not long I feel.
Well hopefully I am right as I bought some at £2.15 gulp!

[guidfarr] 20/12/2010 12:26

will prty standy while a competitor grabs 888? hey this is a much much sweeter company than cashcade for which party paid some 100 million ;)

[wardy3] 20/12/2010 08:35

Betfair and PRTY appear to be the dogs of the sector right now, this needs a rocket up it to get things moving , probably getting shorted by the masses.

[bleepy] 19/12/2010 18:36

Depends what irons in the fire PG has in the US with a few states going it alone toward licensing.How would 888's US potential litigation risks be factored into the bigger picture and at what eventual cost.

[g2theary] 19/12/2010 17:14

Could this help PRTY shares on MOnday?

[guidfarr] 19/12/2010 13:57

will prty let 888 go without a fight at such levels? if anything common sense would say that even if it wasn't ready to buy 888 it would make an equivalent bid to make Ladbrokes pay higher! both 888 and prty are in the same offices and 888powers most prty's bingo properties so the synergy would be very valid and acquiring 888 would give prty a freehand in most other markets.

[wardy3] 19/12/2010 13:34

Good news for holders here should stir the market up a bit £2.50p monday??

[guidfarr] 19/12/2010 10:45

BREAKING NEWS: LADBROKES BIDDING FOR 888 HOLDINGS



"proposed an offer of around 70p a share for 888 – the internet casino and poker group that it originally tried to buy four years ago in a £470m deal. - OTHER PARTIES MAY BE INTERESTED - LET THE FIGHT BEGIN"

BREAKING NEWS: LADBROKES BIDDING FOR 888 HOLDINGS

[bleepy] 17/12/2010 11:06

Swedish online gaming operator Unibet has announced the launch of an online gaming platform for the Italian market, initially offering poker on bwin's Ongame Network.

Unibet said that the offering, Unibet.it, will initially offer Italian customers Sit&Go, scheduled and multi-table poker tournaments on the Ongame P5 Poker Engine, with poker cash games, casino offerings and sports betting to be added next year, pending regulatory approval by the Italian authorities.

"Re-launching our operations, using our own technology and joining Ongame network is the first step of our market re-entry in Italy," said Unibet CEO Henrik Tjärnström. "With the imminent introduction of cash games, we see great value in the Italian market."

Unibet joins ten other partners on Ongame's Italian network including the likes of BetPro.it, bwin, Gioco Digitale, Gmatica, and Sportingbet.it.

"Unibet is a well renowned brand, and we are very happy to work with them in Italy," said Martin Lerby, Hhead of Ongame. "With the addition of Unibet, and later the introduction of cash games, we will see new energy coming into the Italian market both for players and operators, since we will see more products and better liquidity which will lead to increased revenues."

Earlier this year in June, Unibet signed an agreement with Ongame for the provision of online poker in the French market. The company was finally granted licence approval by French regulatory authority ARJEL in October, after technical difficulties meant that it missed out on the initial round of licences which were issued ahead of the World Cup in June.