Party Poker IPO

[GeoffM]

Anybody have a copy of the prospectus??? I can't find one anywhere.

[Reel Deal]

Geoff, it's not being offered to the public... it's only being offered to fund managers. So the only way you as an individual could invest at this point is through a fund that picks up the offer.

[GeoffM]

OK, I am completely dumb to this whole thing, but what does this article mean then?

[Reel Deal]

I can't get to that article (firewall issue), but according to this London Times article it's only being offered to fund managers:

[GeoffM]

I'm fairly certain just about anyone can buy them.

I figure to sink about 2-3K in them, wait until the WSOP is over and televised, watch the immidiate blowup once again in their revenue, sell, and then re-buy sometime next year before the WSOP.

It would be an added bonus if one of their online qualifiers won the WSOP. One can only hope I guess.

[Talking Poker]

There's an easy way to find out. Try to buy some.

I'm not on top of this and haven't read any articles yet, but if it's still in the IPO stages, you won't be able to get your hands on any shares yet... not until they hit the open market. And even then, where does one buy and shell shares that trade on the London Exchange? I honestly don't know.

[nutbag]

I'm not a stock genius or anything, but I think there's usually a refractory period after the big jump of an IPO. Be careful with that much cash Geoff.