BET Discussion 2022

[TeddyFiles]

What’s the magic number for BET today? .48?

 

[Lattelarry]

What’s the magic number for BET today? .48?

.485
The exact number is .486 so think it will be rounded down.
I think they might have bought some Friday - will be interesting to see.
- no announcement yet so probably didnt.

 

[RobDBank]

I think BET got some bargains today. People selling at .47 Seems crazy

 

[Lattelarry]

I think BET got some bargains today. People selling at .47 Seems crazy

Yeah and hopefully the release some big numbers Wednesday that gives it a boost.

 

[Lattelarry]

What’s the magic number for BET today? .48?

.494 tomorrow so hopefully rounded to .495
Lets see what we bought today too.

 

[Hume201]

Ok dumb question to you more educated people. How are BET actually doing this buy back. Are they using computerised algorithm’s like the shorters, or is as simple as some guy sitting at a computer pushing buttons.

It’s like a good game of ping ping.

Please educate me

 

[Lattelarry]

Ok dumb question to you more educated people. How are BET actually doing this buy back. Are they using computerised algorithm’s like the shorters, or is as simple as some guy sitting at a computer pushing buttons.

It’s like a good game of ping ping.

Please educate me

They've engaged a broker to do the buying. They probably have various terms with the broker about when to buy. The other days they bought it seemed the price started going up in the late afternoon around 3pm. So I'm wondering if that was an instruction. Also today look at the graph for when the price lifted.

 

[Lattelarry]

Surprised that nothing was bought yesterday. Guess they weren't responsible for the end of day spike either.

 

[Lattelarry]

Whats everyone guess for when results will be released tomorrow? In the morning before the open or just before the webinar?

 

[TeddyFiles]

Whats everyone guess for when results will be released tomorrow? In the morning before the open or just before the webinar?

9.53am

 

[Lattelarry]

9.53am

I hope it is now!

 

[Lattelarry]

after the daily buy-back notice….oh wait!….that’s assuming we bought back any!

I'm kinda disappointed they aren't buying - on the one hand it leaves them more ammo for later which will probably be at a higher price. But I would like to see them scoop up some more shares while they are still cheap.

 

[Lattelarry]

5% buy-back limit tomorrow should be .503 therefore if we get a ‘sell on the news’ day we will be able to maintain our rails run.

If they actually buy!

 

[Lattelarry]

it’s probably easier giving up guessing Larry

But where's the fun in that?

 

[TeddyFiles]

But where's the fun in that?

BET you are on the clock

 

[Lattelarry]

BET you are on the clock

Not sure what you mean?

 

[Lattelarry]

Came in below expectations - $26.2M and $91.6M for the year

 

[TeddyFiles]

Not sure what you mean?

Just that we are waiting on them. Yes below expectations but cash flow positive and basically no US revenue until online and other establishments roll out. Won’t be the windfall we wanted but still positive.

 

[MikeGTR]

Website is live again..

Horse Racing & Sports Betting, Odds & Results

monmouthbets.com

 

[Ibetfixed]

Website is live again..

Horse Racing & Sports Betting, Odds & Results

monmouthbets.com

So does BET 100% own the website .. monmouthsbets.com?? Ie all profits from betting on the website go to BET ???