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Its a good time to speculate thats for sure. I am going to wait to start buying; I figure there are going to be a few sell-outs; then we will see the feeding frenzy begin.
For some reason I cant buy UK stocks from Canada. It’s a total bummer otherwise I would be buying like crazy. The canadian companies haven’t had nearly the drop.
Online gambling will survive … in some form.
But what makes you feel able to pick the publicily listed winners?Right now public companies are having to leave the US market – and it is private companies who are likely to emerge stronger. Public companies are triming estimates – recalling dividends and basically looking shell-shocked.
Yes – the stock prices are low.
But that’s because people who originally owned them (and who surely studied the situation carefully) still decided that the lower price was a better deal than holding onto them.
I see no reason to try and time the upswing in publicly listed stock prices – wait until you see a material reason to get back into specific stocks.
(just my 2 cents – trying to save your 2 cents)
:popcorn:antoine wrote:For some reason I cant buy UK stocks from Canada. It’s a total bummer otherwise I would be buying like crazy. The canadian companies haven’t had nearly the drop.I wouldnt recommendt it… I think, but hope not of cource, that online gambling is on its way down… After the new law in US Norway(where I live) is concidering the same and I bet that other countries are too…
The only possibillity I see is that online poker survives on “poker is a skill-game” statement, which I totally agree with, because it is… I mean why would there be World Tour in a game that is completely based on luck? Like World Roulette Tour? LOL
But I dont think most contries care about the citizentz gambling problems, they just say it so they can hide the fact that they are extremely concerned about losing theire money to other contries. Trust me, this world is all about the money! Always have been, and in some form, always will!:dozing:
The main “gamble” is on whether HR4411 will go through to add insult to injury. If that passes, then after what we have seen, I think stock will fall again.
