Hope for Online Gaming? (PTEK, CRYP)

Poker Chips and Cards

Nevada gaming regulators are prepared to revisit the issue of online gaming, that news is sending shares of PokerTek Inc. (NASDAQ:PTEK) up 10% and CryptoLogic Limited (NASDAQ:CRYP) up 26% today.

PokerTek Shares Take a Dive but Still up Big (PTEK)

Poker Chips and Cards

PokerTek, Inc. (NASDAQ:PTEK) shares are down 16% today on 2x the daily average volume and got as low as $1.02 this morning.  However considering PokerTek has gone from 45 cents to $1.56 in just 30 days and is up 124% despite today's pullback, the big news is shares are now over $1 and won't be delisted.

Stocks Under $1: Fannie Mae, Borders Group and PokerTek (NYSE:FNM), (NYSE:BGP),(NASDAQ:PTEK)

Stocks under $1 (one dollar)

Rough week for these once darling companies as Fannie Mae (NYSE:FNM), Borders Group, Inc. (NYSE:BGP), and PokerTek, Inc. (NASDAQ:PTEK) join the ranks as stocks under one dollar.

Stocks Under $1: Blockbuster, RHI Entertainment, PokerTek (BBI, PTEK, RHIE)

U.S. Dollar - Weak Dollar

What do RHI Entertainment (NASDAQ:RHIE), PokerTek Inc. (NASDAQ:PTEK) and Blockbuster Inc. (NYSE:BBI) have in common?  All three companies' shares are now trading under $1, in fact they are in the 70 Cent range.  Are these stocks just waiting to become Penny Stocks or is there any hope for a major comeback?

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