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For Only a Buck…

Comments (3)
by , Jun 18, 2008 | 4:24 pm

You, too, can own a piece of the World Poker Tour. Maybe by tomorrow, shares will be on sale at the 99 Cent Store.

The stock price for WPT Enterprises, Inc. (WPTE on NASDAQ) hit $1.00. I’m not kidding.

While some people are buying it up in the hopes that someone will throw Lipscomb a life raft, word is that the WPTE employees are handing out resumes faster than players can buy in to a $1500 NLHE event at the WSOP. Even so, the World Poker Tour is still planning to hit Vegas for the Bellagio Cup in a few weeks to film the first episode of Season VII. Could be an interesting vibe over there!


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  • donkey

    Jen, over at Raging Bull http://ragingbull.quote.com/mboard/search.cgi?for=wpte&where=symbol They were talking about selling the stock when it peaked in Jun/Jul 05 at $22 and insiders were dumping the stock. Stock’s going to zero, too bad you can’t short it or buy puts on it.

  • http://pokerati.com/about-us/#danm DanM

    Considering the inverse relationship the WPT’s stock price has had to gas prices, I think we can safely conclude that oil is more important than televised poker.

  • olivert

    I will believe that WPT will film the Bellagio Cup when I actually see the ENG video crew and the stage crew step foot inside the Bellagio on July 15.

    I can’t see WPTE burning through its cash on a TV taping without a firm TV agreement, time buy or otherwise.