This one hit the markets running today. Despite negative publicity it was well supported so I jumped in for a small holding--anyone else joining in?? I am hoping for a good run up before the shorters get going.

Yes Peter123 - got in for a quick profit when it took the nose dive,
as I'm still in I assume that profit will take a little longer LOL

Bought in around 1.69 ouch!! what price did you bought it at?

OUCH...my break even is 95.something p
guess you may be around for longer then me.......

Went on hoilday when the results came out. Long term hold unless company goes wrong. Citicorp target price of 1.16 to 1.30. I use bloomberg and thats why I got report.

fyi
Back in the top flight, volatile online poker giant PartyGaming reversed an earlier decline, to trade at the top after Citigroup Smith Barney stuck with its 'buy' stance.

The broker also slapped a price target of 160p on PartyGaming, arguing that while its business model should be sustainable the modest pick up in growth expected in September is unlikely to restore confidence.

The key performance indicators (KPI) are due on the 21st October.

Peter123, I am a holder and got in after seeing the GS broker forecast this week.

More broker news.

Back in the top flight, volatile online poker giant PartyGaming reversed an earlier decline, to trade at the top after Citigroup Smith Barney stuck with its 'buy' stance.

The broker also slapped a price target of 160p on PartyGaming, arguing that while its business model should be sustainable the modest pick up in growth expected in September is unlikely to restore confidence.

scottru - thanks for the diary date duly noted.
:>)

Dow Jones Newswire snippet.

0911 GMT [Dow Jones] BETonSPORTS (BSS.LN) has been "unfairly caught up in the current poker crossfire caused by PartyGaming's (PRTY.LN) September profit warning and this has masked the turnaround in the group's trading fortunes", says Numis. The group's recent 1H results were in line with market expectations and the outlook statement pointed to a strong rebound for profits in 2H 06 and FY 07. With forecast earnings growth of 72% over the next two years and a strong probability of upgrades both this year and next, Numis reaffirms its buy rating and 225p target, giving 60% upside. BETonSPORTS -0.7% at 138p. (LEV)

The 3rd Quarter figures with be out in the fortnight according to the Guardian.

Peter123,

Yes, I have also heard that something will be posted by end of October.

skids

Guys I am out. Sold at a loss!!

Well don't blame you and ok it was at a loss, but think of it as damage limitation
I hope they don't crash further - os I'm still in! - but if they do, you've not
lost what you could have done.
In short move on Peter
:>)

I'm still in, but now holding a loss. Holding out for the 3rd qtr update....

Guys, I sold at a massive loss. The 3rd quarter figures will be out on 21 October 2005. With the online gambling sector looking vulnerable, I am not going to take any more risks. Since they announced the growth was moderating it has been a down hill struggle. They should have phrased it better. Good luck to all Party holders!!!

this looks like 30p to me

Hursheel we thank you greatly for your humour...............
and hope your wisdom is as sharp.
;>)

Been following these myself today, was getting a bit nervous, every time I checked trades they seemed to show they were starting to turn. (I do hope so as I am holding a small loss).
Did note that from 4.29pm & 5.00pm today their were 2.9 million share sales & 16 million buys. Is this the bottom ?
Will Sportingbet results give the sector a kick in the right direction on wednesday ?

I am hold from 1.30p, now 0.80p a share. Will be up again, but need so much time.
I hope.