Friday, December 22, 2006

CryptoLogic; CRYP Interesting Development

Resigning William Hill for further 3 years is a great news to CRYP. This will increase credibility of CRYP.

One of the most significant happenings to CryptoLogic is that Mohnish Pabrai, a great investment manager, has purchased significant amount of CryptoLogic shares. The total amount of CryptoLogic shares that are owned by his funds, and his personal holding is over 11.5% of shares outstanding!

Wow, Mohnish Pabrai is definitely thinking CRYP is undervalued.

If you have any comments on CryptoLogic, please send me an email.

Best wishes,

No comments: