Party pull out of France

[byronkincaid]

http://business.guardian.co.uk:80/story/0,,2022859,00.html

dunno if this is poker as well as their other gambling sites?

[doubleup]

Its a bit of an odd one - they appear to have stopped taking new customers but haven't stopped existing French customers playing.

I really will have to get a relationship with a stockbroker - I would have shorted party's shares last week when they rose on the rumour that the US was going to relax restrictions - anyone who was following the neteller debacle knows that isn't likely to happen.  The French thing was also revealed on 2+2 almost immediately (Party contacted affiliates) - despite this the shares galloped ahead.

Last year when Party cut off Empire their shares fell - when anyone familiar with the structure of Empire/Party knew that the result of the split would be all the Empire players having to move to Party.  I missed the boat there as well....

It does make me think that there must be money to be made trading in shares if you know how businesses make money in the particular sector.

[The Nomad]

Course you can its called insider trading

[TightPaulFolds]

wouldn't go shorting poker shares at the mo, personally.
I'd just wait for oil to drop a bit, then get back in.

[boldie]

Oh for the love of Feck! Surely not the French as well?