Blink 0 Posted December 18, 2005 Share Posted December 18, 2005 More than likely everthing was on the up and up but it looks liket the feds have targeted him, and that's never a good thing.http://msnbc.msn.com/id/10498985/--Blink Link to post Share on other sites
Tritz 1 Posted December 18, 2005 Share Posted December 18, 2005 I don't understand what the problem is? Link to post Share on other sites
Fullhouse7 0 Posted December 18, 2005 Share Posted December 18, 2005 Greed, for lack of a better word, is a GOOD thing. Gordon GekkoFullhouse7 Link to post Share on other sites
Tritz 1 Posted December 18, 2005 Share Posted December 18, 2005 Are they trying to figure out how he had the money?I don't get it? Link to post Share on other sites
pong1092 0 Posted December 18, 2005 Share Posted December 18, 2005 I don't understand what the problem is?Basically looking into see if Doyle did this only so the stock would jump and he and other insiders could cash in when the market pick up on it. With no intentions of buying it. Link to post Share on other sites
Tritz 1 Posted December 18, 2005 Share Posted December 18, 2005 I don't understand what the problem is?Basically looking into see if Doyle did this only so the stock would jump and he and other insiders could cash in when the market pick up on it. With no intentions of buying it.Oh, I see..thanks. Link to post Share on other sites
BigDMcGee 3,367 Posted December 18, 2005 Share Posted December 18, 2005 I don't understand what the problem is?Basically looking into see if Doyle did this only so the stock would jump and he and other insiders could cash in when the market pick up on it. With no intentions of buying it.LMAO I hope he did that.. Link to post Share on other sites
No_Neck 0 Posted December 18, 2005 Share Posted December 18, 2005 i hope he didn't (or at least doesn't get caught) if he did he is going to jail, and I don't think there will be a public out cry like there was for martha stewart. Link to post Share on other sites
BigDMcGee 3,367 Posted December 18, 2005 Share Posted December 18, 2005 i hope he didn't (or at least doesn't get caught) if he did he is going to jail, and I don't think there will be a public out cry like there was for martha stewart.naw, he's so old, they'll just make him pay a big fine, and give him house arrest. Link to post Share on other sites
doublemeup 0 Posted December 18, 2005 Share Posted December 18, 2005 I stoped reading when they said "per cent" instead of percent. Link to post Share on other sites
Fullhouse7 0 Posted December 18, 2005 Share Posted December 18, 2005 He and undisclosed investors (Andy Beal???) made an offer to buy the WPT franchise for over 2X book value. Stock went up 50% due to that and they dumped their holdings prior to the expiration of the bid to buy. I know you guys are good at poker--therefore, I expected you would understand stock market fundamentals---obviously not.Fullhouse7 Link to post Share on other sites
No_Neck 0 Posted December 18, 2005 Share Posted December 18, 2005 He and undisclosed investors (Andy Beal???) made an offer to buy the WPT franchise for over 2X book value. Stock went up 50% due to that and they dumped their holdings prior to the expiration of the bid to buy. I know you guys are good at poker--therefore, I expected you would understand stock market fundamentals---obviously not.Fullhouse7where did it say they dumped there holdings before the bid expired? I am really hung over I probably missed it Link to post Share on other sites
dansheetz 0 Posted December 18, 2005 Share Posted December 18, 2005 this is old news. Link to post Share on other sites
PAYforUSC 0 Posted December 18, 2005 Share Posted December 18, 2005 He and undisclosed investors (Andy Beal???) made an offer to buy the WPT franchise for over 2X book value. Stock went up 50% due to that and they dumped their holdings prior to the expiration of the bid to buy. I know you guys are good at poker--therefore, I expected you would understand stock market fundamentals---obviously not.Fullhouse7where did it say they dumped there holdings before the bid expired? I am really hung over I probably missed itit is implied Link to post Share on other sites
Vatche 0 Posted December 18, 2005 Share Posted December 18, 2005 this is old news..not to me... Link to post Share on other sites
jooka 0 Posted December 18, 2005 Share Posted December 18, 2005 this is old news..not to me...day old news is so yesterday. get with the times ! Link to post Share on other sites
srblan 0 Posted December 18, 2005 Share Posted December 18, 2005 He and undisclosed investors (Andy Beal???) made an offer to buy the WPT franchise for over 2X book value. Stock went up 50% due to that and they dumped their holdings prior to the expiration of the bid to buy. I know you guys are good at poker--therefore, I expected you would understand stock market fundamentals---obviously not.Fullhouse7I'm almost 100% sure that it wasn't Andy Beal. Reading the book about the big game, I get the distinct impression that Beal is very independent and does not really like to take over companies that are in the black. Doyle may have gotten a loan from Beal bank, but I don't believe that he'd want to go into business with Andy Beal. I'd be more likely to believe that Doyle found a number of people to invest, at least one of whom had access to serious coin. Someone like Jack Binion, Bobby Baldwin, or Bob Stupak comes to mind, though I'm purely speculating, and I obviously don't know of everyone that Doyle knows that has the resources to try to pull of something of this magnitude. Link to post Share on other sites
Fullhouse7 0 Posted December 18, 2005 Share Posted December 18, 2005 Yes, the bid was in JUly '05 but SEC investigating fraud is last weeks news--so it is recent news mate. I still think Andy Beal but other thoughts like Stupak, etc. are interesting--we'll find out soon enough.Fullhouse7 Link to post Share on other sites
Marchione 0 Posted December 19, 2005 Share Posted December 19, 2005 jack binion is flush with cash right now !!and lets not forget that if doyle is investing so is Chip ~the 3 of them are VERY VERY good friends Link to post Share on other sites
MaddAddam 0 Posted December 29, 2005 Share Posted December 29, 2005 I stoped reading when they said "per cent" instead of percent.It can be spelled either way. Some media stylebooks demand per cent be seperated. Too bad you stoped reading though. Link to post Share on other sites
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