Partygaming (Revisited)

Today Partygaming reported that overall revenue for the last four weeks has been nearly $1 million per day. This is comparable to overall international revenue during the last quarter. Although international revenue went down a little bit after U.S. players were banned from gambling online, it has stabilized and is improving. I still own 23,000 shares at around .63/.64c/share. I continue to believe this stock is significantly undervalued. Revenue and margins should increase from here and Partygaming continues to bring out new games such as Bingo, Backgammon. It should easily be able to cross market these other games to their already growing poker base. This stock easily worth $1.00/share (.50p) and I would not be surprised if a company like MGM makes a bid for this company.