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  1. #1
    Join Date
    Feb 2009
    Location
    in my wifes panties
    Posts
    4,790

    Default NDN should buy the WPT

    The WPT is for sale for $25 mil.
    The sale will include the $18 mil they have on hand for expenses.
    That's a bargain for $7mil.
    Their stock is trading at $1.25 today but reached $26 four years ago.
    There is alot of money making potential here.
    NDN could run the WPT better than Steve Lipscomb ever could.
    He could hire Eejit and myself to host the show.
    Who's chipping in.

  2. #2
    Join Date
    Jan 2006
    Location
    in house on a street in a neighborhood somewhere in a city in the best state.
    Posts
    5,409

    Default

    Quote Originally Posted by freeringo View Post
    The WPT is for sale for $25 mil.
    The sale will include the $18 mil they have on hand for expenses.
    That's a bargain for $7mil.
    Their stock is trading at $1.25 today but reached $26 four years ago.
    There is alot of money making potential here.
    NDN could run the WPT better than Steve Lipscomb ever could.
    He could hire Eejit and myself to host the show.
    Who's chipping in.
    I thought poker stars bought them awhile back. i read a article abou tit. maybe the sale didnt go thru. oh well if i had 25 million i wouldnt buy it.

  3. #3
    Join Date
    Feb 2009
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    in my wifes panties
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    Default

    Quote Originally Posted by GloBug View Post
    I thought poker stars bought them awhile back. i read a article abou tit. maybe the sale didnt go thru. oh well if i had 25 million i wouldnt buy it.

    I believe Pokerstars is just part owner.
    I would what kind of partners you might inherit when you buy the WPT.
    I wouldn't be surprised if there weren't several others as well.

  4. #4
    Join Date
    Jan 2006
    Location
    in house on a street in a neighborhood somewhere in a city in the best state.
    Posts
    5,409

    Default

    Quote Originally Posted by freeringo View Post
    I believe Pokerstars is just part owner.
    I would what kind of partners you might inherit when you buy the WPT.
    I wouldn't be surprised if there weren't several others as well.

    wow i thought they bought them ooutright. well maybe i misread the article. i believe kaci posted a thread about it also.

  5. #5
    Join Date
    Feb 2009
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    in my wifes panties
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    4,790

    Default

    They are full of surprises
    I researched it on Google and they are not telling.

  6. #6
    Join Date
    Jan 2006
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    in house on a street in a neighborhood somewhere in a city in the best state.
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    Default

    Quote Originally Posted by freeringo View Post
    They are full of surprises
    I researched it on Google and they are not telling.

    really google gave no info on it. why so much secrecy. u got to love it. well what do i care i wont be playing a wpt tourney any time soon. i do watch it when it comes to bay 101 in san jose. its pretty cool. next time they come around i will get some picks with some pros and post them here. but your gonna have to wait till next year. would this make a poker pro groupie. wow i have never been a groupie b4. lol

  7. #7

    Default

    Quote Originally Posted by freeringo View Post
    I believe Pokerstars is just part owner.
    I would what kind of partners you might inherit when you buy the WPT.
    I wouldn't be surprised if there weren't several others as well.
    I can't picture Poker Stars investing in something that they wouldn't have complete control over...

    What's the logic in selling the WPT for $25,000,000 with $18,000,000 CASH on hand instead of a straight $7,000,000?

    I'm sure we can round up $7,000,000 between the members here.

    You guys come up with $6,999,999 and I'll supply the final $1.

  8. #8
    Join Date
    Jan 2006
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    Default

    Quote Originally Posted by nodepositneeded View Post
    I can't picture Poker Stars investing in something that they wouldn't have complete control over...

    What's the logic in selling the WPT for $25,000,000 with $18,000,000 CASH on hand instead of a straight $7,000,000?

    I'm sure we can round up $7,000,000 between the members here.

    You guys come up with $6,999,999 and I'll supply the final $1.


    now that sounds like a good investment

  9. #9
    Join Date
    Jun 2005
    Location
    UK
    Posts
    12,141

    Default

    I pledge all my BAP winnings, and $5.

  10. #10
    Join Date
    Oct 2008
    Location
    BETHLEHEM,P.A.
    Posts
    1,735

    Default

    Quote Originally Posted by nodepositneeded View Post
    I can't picture Poker Stars investing in something that they wouldn't have complete control over...

    What's the logic in selling the WPT for $25,000,000 with $18,000,000 CASH on hand instead of a straight $7,000,000?

    I'm sure we can round up $7,000,000 between the members here.

    You guys come up with $6,999,999 and I'll supply the final $1.
    I will throw in my 2 cents also.

  11. #11
    Join Date
    Feb 2006
    Posts
    696

    Default

    You know what i think buying it would be a great investment. And ill add to what NDN said but i will double his investment and give $2 towards buying the $25 mil WPT... Add that to his one dollar contribution and hey you guys can come up with the rest cant you? Oh and also i would love to see Eejit host... i mean granted hes not a hot chick but still entertaining none the less

  12. #12
    Join Date
    Sep 2008
    Location
    in a shoe
    Posts
    2,482

    Default

    Quote Originally Posted by freeringo View Post
    The WPT is for sale for $25 mil.
    The sale will include the $18 mil they have on hand for expenses.
    That's a bargain for $7mil.
    Their stock is trading at $1.25 today but reached $26 four years ago.
    There is alot of money making potential here.
    NDN could run the WPT better than Steve Lipscomb ever could.
    He could hire Eejit and myself to host the show.
    Who's chipping in.
    well with our bap earnings we should be able to buy it in about 2 months. i want to be the ****tail waiter. i will wear the short skrit and stocking.

  13. #13
    Join Date
    Jul 2009
    Posts
    192

    Default

    sounds like a good idea lol

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