Monday, February 13, 2006

PokerTek, Inc.--Dealing a Bad Hand? Fold!

The World Series of Poker on ESPN, The World Poker Tour on the Travel Channel, Celebrity Poker Showdown on Bravo, Poker Royale on the GSN (formerly the Game Show Network), and the Hollywood Hold'em series which aired on the E! channel—the growth of tournament poker (WPTE), the operator of the World Poker Tour.

It is no secret that corporate is highly dependent on Mr. Berman for top-line growth. Of the top average daily trading volume of PokerTek’s stock has been approximately 24,000 shares over the last three months. Insiders own millions of shares at an average cost price of $0.07 per share. Such an infusion of shares into the market by these investors could potentially have a negative impact on PokerTek’s stock price for months to come.

This being the Poker(tel) hand dealt, we recommend folding.

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