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Warpe
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10-02-2006, 05:06 PM
Post subject: Gaming stocks
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#1 (permalink)
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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Cryptologic took a hit today, but they say they've been preparing for this for the past number of years and 70% of their revenue come from outside the US. They're also moving their head office from Toronto to Ireland. I think they're a buy.
Thoughts on others?
Also, what US gaming stocks stand to benefit?
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2_Thumbs_Up
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Flush
Join Date: Apr 2006
Location: Sweden
Posts: 271
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Would it be better to buy stocks now or wait a while? I have no experience at all with these things.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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There's no easy answer. Typically, it takes a couple of days for the markets to react to bad news fully.
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zook
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4-of-a-Kind
Join Date: Mar 2006
Posts: 3,676
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Buying today could be a good idea, because markets are great at overreacting to unexpected news, both good and bad. But the question is one of timing. Are stocks going to hit rock-bottom today? Tomorrow? IMO, it's unlikely it will be any later. You want to know when institutional investors are jumping back onto these stocks. If you have a broker, they can probably help you with this. If you have an online account I think the best you can do is track the real-time info and watch for when LARGE buy orders start taking longer and longer to be fulfilled. This should correlate with price stabilization. I'm a relative investing noob, so take this advice with a shaker of salt.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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Coincidence?
http://www.marketwatch.com/News/Stor...yhoo&dist=yhoo
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Harry
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Full House
Join Date: May 2006
Location: Philly
Posts: 722
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I've been buying up cryp like crazy. I bought when they dropped 15% on news they were moving to Ireland, and I bought again just now down another 17%.
I have over 25% of my portfolio in CRYP now, lol.
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PSU Class of 2011 weeeeeeee!
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IowaSkinsFan
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Straight Flush
Join Date: Oct 2004
Posts: 7,148
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Please someone give some expert analysis... I'm thinking about investing half my poker money in stocks. Tell me which ones!
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2_Thumbs_Up
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Flush
Join Date: Apr 2006
Location: Sweden
Posts: 271
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What about neteller?
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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Edit: Neteller recommendation scratched. It's on OTC (Over-The-Counter) stock, which means it's got limited liquidity and less stringent regulatory requirements to meet. Stick with stocks traded on major exchanges.
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midas06
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4-of-a-Kind
Join Date: Jun 2005
Location: NZ
Posts: 2,196
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does anyone know of any other online retailers that accept Neteller?
I only know of online poker and casinos
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biondino
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4-of-a-Kind
Join Date: Apr 2005
Location: Putney, UK; Full Tilt,Mansion; $50 NL and PL; $13 and $16 SNGs at Stars
Posts: 3,170
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Neteller, yup.
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Harry
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Full House
Join Date: May 2006
Location: Philly
Posts: 722
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NLR looks pretty cheap, but its hard for me to buy stocks on the LSE.
I like Cryptologic because of their focus outside of the U.S. and their financial strength. Their dividend yield is over 2% now, they have no debt, and over $9 in cash per share.
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PSU Class of 2011 weeeeeeee!
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thenonsequitur
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Full House
Join Date: Nov 2004
Location: Location: Location
Posts: 637
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After buying lunch today, I have about $12.50 left. Which stocks should I invest in? Can I reasonably expect to turn this into fifteen bucks over the next few months?
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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Cryptologic current stock quote:
http://www.marketwatch.com/tools/quo...YP&siteid=yhoo
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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Opinion on Cryptologic outlook:
http://www.fool.com/news/commentary/...ln001999&npu=y
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dsmrolla06
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Full House
Join Date: Apr 2006
Location: South Bend IN
Posts: 724
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So whats the verdict on the best stocks to buy? I have about $1000 i could potentially invest. Is that ammount even worth investing and which of these would you recommend? I was looking at neteller, but being in the u.s., how easy is it to buy stocks in the LSE?. Also the Crypt stock is around $17 right now, so i wouldnt be able to purchase many shares. Any thoughts?
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thenonsequitur
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Full House
Join Date: Nov 2004
Location: Location: Location
Posts: 637
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It's like half the investors in the online gambling market went on tilt as a result of this bad beat (the bad beat known as H.R. 4954), and those that didn't go on tilt are reaping the rewards.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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http://www.fool.com/news/mft/2006/mft06100304.htm
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Trikflow77
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Full House
Join Date: Jan 2005
Location: im so asian
Posts: 1,460
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im waiting till bush signs the bill.....i think it will drop again then
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taipan168
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Administrator
Administrator
Join Date: Jul 2005
Location: Sydney
Posts: 10,441
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Quote:
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Originally Posted by thenonsequitur
It's like half the investors in the online gambling market went on tilt as a result of this bad beat (the bad beat known as H.R. 4954), and those that didn't go on tilt are reaping the rewards.
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Not unless you bought PartyGaming at 94p and are now sitting on a 55% loss  . Oh well, 3000 pounds down the drain.
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boost
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Full House
Join Date: Mar 2005
Location: Chicago
Posts: 706
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how is crypto logic traded on nasdaq? Im confused.
also can someone give me a quick run down of how I go about investing? Is etrade.com good? I dont have much to invest, but Im considering putting my rb check (if I get it) in gaming stocks.
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fasin8ing
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Full House
Join Date: Aug 2005
Location: Germany
Posts: 1,063
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The more the bad news about online gaming.. The lower the price of the stock... Buy Buy Buy...
Still room for a lot of profit without the U.S. , Could you imagine if they merged with someone once they went public?
Here is my only stock tip I will give..
NRPH... Bought it up as a IPO ... Tripled .. sold... I bought at 7.00 a share... The stock ended at 43.00 when they split.. And its already climbing again..
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Margin Of Error
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Flush
Join Date: May 2006
Posts: 254
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Quote:
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Originally Posted by thenonsequitur
After buying lunch today, I have about $12.50 left. Which stocks should I invest in? Can I reasonably expect to turn this into fifteen bucks over the next few months?
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Skip lunch and put it all on red.
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She looked at me and said youz a baby right?
I told her, I'm 18 and live a crazy life
Plus I'll tell you what the 80's like
And I know what ladies like
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Harry
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Full House
Join Date: May 2006
Location: Philly
Posts: 722
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I like scottrade, $7 limits orders.
If I didn't already so much of my portfolio in cryp, I would buy more. It is getting insanely cheap. It wasn't hurt like Party and the others, as only 30% of their revenue was from U.S.
dsmrolla06, the amount of shares you buy is arbitrary, it isabout how much money you invest.
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PSU Class of 2011 weeeeeeee!
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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Quote:
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Originally Posted by Warpe
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Looks like CRYP has settled in around $17.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
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PRTY
http://www.marketwatch.com/news/stor...696D27B623B%7D
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Harry
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Full House
Join Date: May 2006
Location: Philly
Posts: 722
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Man Party investors really got boned...
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PSU Class of 2011 weeeeeeee!
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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http://today.reuters.com/news/articl...&from=business
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Irisheyes
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10-11-2006, 09:09 AM
Post subject: Re: Gaming stocks
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#29 (permalink)
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4-of-a-Kind
Join Date: Jun 2005
Location: over there
Posts: 3,708
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Quote:
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Originally Posted by Warpe
They're also moving their head office from Toronto to Ireland.
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They're screwed.
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