TeddyFiles
Regular
Amen to that
BET Discussion 2022
- Thread starter zeeb0t
- Start date
Lattelarry
Regular
Yep given the action the last couple of days it certainly sounds possible - although I think we could finish the day on a high again. Everyone trying to get a piece before the buyback starts.
Lattelarry
Regular
I think any new deals or news etc have to be announced immediately.Would i be correct in thinking, if there is any good news coming out soon they would need to release it before the buy back. Otherwise it might look dodge. With only a week to go, this could get exciting
But the numbers for the last FY can probably be held back a while, I'd say. The 4C has to be out by the end of the month.
Lattelarry
Regular
The manipulators love the bookends - don't see how it really does much but I guess there must be a reason they do it as you see it a bit.…….then again, with this manipulation, the SP might not move much at all today.
View attachment 10698
Hopefully when the buyback begins they can line-wipe the manipulators!
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TeddyFiles
Regular
Bit of profit taking early?…….then again, with this manipulation, the SP might not move much at all today.
View attachment 10698
Lattelarry
Regular
or shorts seeing what they can shake.
I bought some more at the $0.395 dip - hoping its only up from here now!
TeddyFiles
Regular
Haha touché RegCould be…especially if you bought at .315 and decided to take some of your 30% gain….
Lattelarry
Regular
I think there's a good chance they could add another 30% to that gain by waiting a week.Could be…especially if you bought at .315 and decided to take some of your 30% gain….
TeddyFiles
Regular
Guys does anyone have the written confirmation that BET run the fixed odds terminals at Monmouth and are actually the bookmaker on these also? As in take the wagering risks/profits for themselves.
Need to shove it down that loser on HC if it’s true. Which I assume it is.
Need to shove it down that loser on HC if it’s true. Which I assume it is.
TeddyFiles
Regular
Reg you are the man. It’s pretty clear. BET assume the risk etc. I wonder how this is going. I check the results often. A lot of favourites have been winning. In the long term the house always wins.
Ibetfixed
Regular
It’s true alright .. teddy bear … and the model they have fine tuned at Monmouth Park will be a piece of cake to replicate on other tracks when fixed odds opens up further around the US .. they have the terminals and the technology !!
12th of July is looming and BET will be feverish about buying back shares at the current levels … I think they will be pretty active up to a minimum of 70c
Lattelarry
Regular
Yep can't wait to see them grab all the shares from those selling so cheaply.It’s true alright .. teddy bear … and the model they have fine tuned at Monmouth Park will be a piece of cake to replicate on other tracks when fixed odds opens up further around the US .. they have the terminals and the technology !!
12th of July is looming and BET will be feverish about buying back shares at the current levels … I think they will be pretty active up to a minimum of 70c
Yeah $0.70 sounds pretty plausible because that's what they sold a lot at.
At the moment it looks like they might be able to get them all a lot cheaper than that.
Lattelarry
Regular
It will be very interesting to see. I don't understand those selling now though either when you know a whale is about to enter the market.I think the sellers will mysteriously disappear or move their positions a lot higher on the 12th July (BET’s Independence Day)
It would be so much fun to be able to swing a 81M line around in the market...I can dream!
TeddyFiles
Regular
Would love to see some fireworks 
today
todayTeddyFiles
Regular
Any idea when we see the financials?
I’m done with topping up. Fuller than an Indian train. Good mate of mine went in heavy yesterday
TeddyFiles
Regular
Ok good. Hopefully another trigger point
comin2getme
Member
Wait to see if revenue is up and also Profit / Loss. Thiis market doesn't care for potential profit...( I do though!). A loss will be punished. Giving away stock will be punished. Giving 15million$ to people for nothing, will be punished. Give me a $3 SP so i can retire PLEASE, but i dont think so until USA gets on board with FO and new punters develop a "passion" for punting. NJ state having to prop up the prize purse is a pretty good indicator that racing is in the toilet- and the horsemen are scared to give Fixed Odds a decent crack. Theyre going broke, paddling upstream with 1 broken paddle, and BET is handing them an outboard... it will take time.
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