WPT Enterprises Inc (WPTE)

[stockman]

What is your opinion about this company? I haven't find the time to do my dd. With the market climbing since last week, i'm worried once i invest in this company the market will take a dip.

[nodoodahs]

For my "investing" bucket, it's not my style, but YMMV (your mileage may vary). I like solid industries, low multiple valuations, history of profits/ROE/ROA, good solvency metrics, and 5 or more years of financials to review. And that's before I download any SEC filings to do due diligence.

WPTE is too new for any of that to be applicable, so I would put it in my "speculation" bucket.

The poker thing hits me as a fad. Pet rocks, etc. Go to an antique store that sells kitsch and you'll see what I mean. But on the other hand, for every dollar lost on investments like the company that sold "Ghetto-opoly" I am certain it was a dollar made by someone else.

If you're so inclined, strike while the iron is hot! I'm not a big TA guy, so I can't help you with setting targets in or out, but do so to limit your (potential) losses.
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