quote:Originally posted by Peaser01: Since poker has become televised, it has gained interest. I don't think it's a fad.
t.v. has helped make it huge, the guy that won the world series in 2003 qualified online and he won 3,000,000 for about 50 bucks he paid to qualify that year 850 people put up 10,000 to play in the world series, in 2004 that number tripled to 2,500 players paying 10,000 many who had come in from web site qualifiers. So now the web sites are getting t.v. time and people at home are playing alot on the sites to try to qualify themselves. The site pays no money for these players to go, all the none qualifiers pay for them basically, and the site even makes money running the qualifying tournaments
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-------------------- If all goes well then great, if not, make it work.
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i dont want to advise to buy or sell with your money, you did what makes you feel comfortable and I know that feeling. I realize it ran alittle to fast the last couple days but imho when the site hits it will go back to a good price
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quote:Originally posted by <netrade>: i dont want to advise to buy or sell with your money, you did what makes you feel comfortable and I know that feeling. I realize it ran alittle to fast the last couple days but imho when the site hits it will go back to a good price
but between now and then I will be able to buy shares cheaper as they go down. I am not worried about the loss because I have made it back on others today. win some, lose some, but know when to fold.
-------------------- If all goes well then great, if not, make it work.
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nothing wrong with taking a loss wait for it to bottom, buy and have it run again, if we could predict these things we would all be rich
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quote:Originally posted by <netrade>: nothing wrong with taking a loss wait for it to bottom, buy and have it run again, if we could predict these things we would all be rich
That is true but I am rich......
-------------------- If all goes well then great, if not, make it work.
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Tommorrow should be a sweet day. The MM's bought back a ton of shares and are ready to run this back up tomorrow. I am going in for more in the morning. It's gonna be a good day.
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As I mentioned before, we have low outstanding shares of 383 million.
This stock was not a pump and dump stock.
The market maker's manipulated it down today, they will manipulate it back up tomorrow. Just watch and see what happens tomorrow if you don't agree with me.
CYOS has about 25% of the Outstanding Shares that GTEL did before the R/S. Look how high GTEL ran. Now look at this and just think how high this can, and I strongly believe, will go very soon.
And, as Dusty mentioned in the micro thread; "This stock is a trader's dream."
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I sold off the other day at .071, happy I did but I rebought in at .04....keeping my fingers crossed that the MMs were playing games today to take the shares for themselves.
Also....as much as I hate EZTO...the PR release yesterday about poker sent them up almost 2 pennies.
posted
Yep, I like these poker stocks. The volume on EZTO isn't as pretty as what we have here though. Nice liquidity with CYOS.
I might jump on the EZTO bandwagon next week. Have to wait and see if the volume picks up on it first. I'll wait for it to come back down like CYOS did yesterday before I am a buyer.
I don't want to miss the next run on CYOS.
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if you like poker look at SNIO with poker subsidiary +++ chart bottom (need volume)
quote:Originally posted by Peaser01: Yep, I like these poker stocks. The volume on EZTO isn't as pretty as what we have here though. Nice liquidity with CYOS.
I might jump on the EZTO bandwagon next week. Have to wait and see if the volume picks up on it first. I'll wait for it to come back down like CYOS did yesterday before I am a buyer.
posted
By Paul Waide BEIJING (MarketWatch) - Interest in U.S.-listed China stocks could rekindle this week following news that U.S. private equity giants Texas Pacific Group, General Atlantic and Newbridge Capital will take a combined $350 million stake in Chinese computer company Lenovo.
Lenovo (HK:992: news, chart, profile) made headlines late last year when it said it would buy IBM's (IBM: news, chart, profile) personal computer business for $1.75 billion, a deal that was approved by the U.S. government last month.
Meanwhile, any jitters investors might have had about the condition of China's online gaming environment appear to be at least temporarily allayed, with leading homegrown game giant NetEase expecting to release first quarter results on April 26.
Shares of NetEase (NTES: news, chart, profile) were up more than 4.25% going into the final U.S. trading session of the week Friday, adding to gains for the portal of 4.4% the previous week. Investors appear to have woken up to the fact that NetEase's Fantasy Westward Journey game has added one hundred thousand concurrent users over the past month.
As for locally developed games, Kingsoft, best known in China for its word processing and translation software, is said to have selected Morgan Stanley as underwriter for a third quarter Nasdaq IPO. Kingsoft's online games, including the hit JX Online, have sparked investor interest in what was once a stodgy word processing software developer.
Kingsoft CEO Lei Jun is also no stranger to liquidity events. Lei was chairman at Joyo, the business-to-consumer portal Amazon (AMZN: news, chart, profile) acquired in 2004 for $75 million.
And shares of The9 (NCTY: news, chart, profile) and Shanda (SNDA: news, chart, profile) , China's two Nasdaq-listed, pure- play online game operators, could see some action this week ahead of the China release of Blizzard's hit game World of Warcraft. The9 was set to throw a party on Saturday to announce the date it plans to launch the game in "open beta," which to regular people means the launch before commercial launch.
Tencent sends a message; Sina.com in limbo
One Hong Kong stock that continues to stir investor interest is Tencent (HK:700: news, chart, profile) , whose QQ product is China's answer to MSN and Yahoo messengers. But Tencent CEO Pony Ma recently told press that the company has no plans for a Nasdaq listing...for now.
Tencent's plan to hold a shareholder meeting this month for a vote to authorize the repurchase of up to 10% of the company's shares sparked speculation that the company might be preparing a run at the Nasdaq. Tencent shares were slightly lower going into the final trading session last week, but volumes on the stock continue to raise eyebrows on the notoriously illiquid Hong Kong bourse.
Meanwhile, China's No. 1 portal Sina.com (SINA: news, chart, profile) seems to be in limbo. The stock has been on a downturn ever since a poison pill was instituted after Shanda and its affiliates took a 19.5% stake in the company back in February. News of Sina's poker tournament promotion deal with online video event broadcaster CYOP Systems International (CYOS: news, chart, profile) and the fact that Sina's mail has been removed from spam watchdog Spamhaus's blocklists hasn't swayed sellers. Sina was down over 9% for the week at $29.95 going into the Friday session.
Baidu might be the search engine leader in China for now, but Zhongsou, the search subsidiary of Hong Kong listed HC International (HK:8292: news, chart, profile) , is causing a stir. HC International was the subject of speculation last week that Legend Capital (Lenovo's venture arm) and IDG were investing $6 million, and that Fidelity might be added to the investor roster, with the ante upped to $16 million.
And finally, watch out for announcements from "bulge bracket" securities firms this week about analyst replacements after the post-bonus shuffle - China analysts are being offered CFO type roles at pre-IPO companies, making the analyst life a lot less attractive.
Paul Waide is an editor at Pacific Epoch (http://www.pacificepoch.com), the leading source of English language information on China's emerging media, entertainment, and technology industries. Paul does not hold positions in any of the companies covered in this report. Email Paul at paul.waide@pacificepoch.com
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It's coming back down. Get ready to buy. That was a short lived downtick.
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<netrade>
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if anyone wants to know the potential of online gaming check out CRYP they also do gaming software and online poker. this stock has done nothing but gone up since august of last year. Im not pumping up cryp I dont own any, its too high at about 34 bucks a share. From reading there news it sounds like online poker has resulted in big profits for there company. Im using this stock as something to compare to in the same industry, Im not going to make any prediction and claim that CYOS is going to this price or anywhere close but I like the potential of a company like this, makes me want to hold. We all know these stocks are a gamble but it sure is fun to see the big swings
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I bought Ezto on the news of the auction videocam that will be available on Ebay. I think that is awesome for an auction site, product is shown in 3D. Still into CYOS for the asian market....
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[QUOTE]Originally posted by BchOus: [QB] I bought Ezto on the news of the auction videocam that will be available on Ebay. I think that is awesome for an auction site, product is shown in 3D. Still into CYOS for the asian market....
posted
It's got to go to .06 so I can have another play today. In and out. I missed it last time, I thought it was going and bought at HOD and it turned around.
-------------------- If all goes well then great, if not, make it work.
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