Is the Party back on? PRTY

Up nearly 8% today no doubt thanks to SBT boosting confidence within the sector.

On the 6th Oct Citigroup reiterated a BUY rating at 85.50p with a price target of 160p. Recently bought at 69p and hoping that was the bottom

Think you bought in at the perfect time (admire your steel whatsits, definitely wasnt for the fain hearted!) - well done, touchwood!

For Info 13/10/05 0939

Lehman Bros has begun coverage on online poker giant PRTY with "overweight" advice and a 100p price target. The broker said it was retaining its cautious view on the industry as a whole but said the sell off in PRTY has been overdone.
Lehman has retained its conservative growth estimates on PRTY though forecasting revenue growth of 12% for 2006, to 9% in 2007, 6% in 2008 and just 4% from 2009 onwards.

Not my type of share but all info helps.

I have sold out of party and bought into sportingbet. I just think sportingbet is a safer option at the present time. Good Luck to those who still hold party.