The online gaming industry is awash with rumor and speculation in regards to PartyGaming's prospects after the company announced CEO Mitch Garber has cancelled a planned sale of shares. Garber also said he would not be unloading any more of his PartyGaming shares this year.

Garber has come under heavy criticism from investors this year for twice selling a large percentage of his PartyGaming holdings. In March of this year, PartyGaming released a statement announcing that Garber planned to sell shares at the end of each calendar quarter. No reasons were given for the decision, leading many investors to angrily question why Garber was selling shares in a company for which he is the CEO, accusing him of lacking faith in his own company's prospects. Garber sold 4.3 million shares in June around the 39p mark and another 5 million shares in September when the SP dropped to 24p.

Last week, PartyGaming announced Garber would be selling no more shares leading some analysts to question whether he has finally bowed to investor pressure or if, perhaps, there is good news for PartyGaming on the horizon.

PartyGaming is the parent company of Party Casino and Party Poker. The company withdrew from the US market when the UIGEA was passed last year.

Rumors have abounded all year that PartyGaming would be bought out by a private-equity firm and taken back into the US market. The company is currently in protracted talks with the US DoJ over their activities in the US prior to their withdrawal.

If PartyGaming is purchased by a private entity, all current shareholders will receive above-market price for their holdings. And if the talks with the USAO turn out in PartyGaming's favor, the SP will likely jump 20%.

So the money question is: Does Garber know something we don't or has he simply bowed to investor pressure?