TheBigDance
Emerged
some positive all the shorters are out today on HC - feeling the heat with the 10% rise. FO launch any day now
BET Discussion 2022
- Thread starter zeeb0t
- Start date
Lattelarry
Regular
I really don't know why more haven't moved. HC is just used by all the shorters
TheBigDance
Emerged
people hate change and its the devil you know I guess. easy being on both though
Ibetfixed
Regular
Sorry mate .. but 100 million odd shares at 55c still only represents 11% of the market cap .. not 25% ie the percentage of total shares on issue that are Shorted is the same percentage as the market cap of shares shorted..maths 101 … but it is still a load of shares shorted … so understand what your overall sentiment
TheBigDance
Emerged
yep ur right i was calculating the 100M as dollars - not no. of shares - doh! Yep a load - its like over a couple of weeks trading to buy all back on current volumes. Nice close today - be good to throw in a FO announcement tomorrow!!
Ibetfixed
Regular
The good news is that shorters will have their fill and once a growth stock puts the runs on the board….. the performance of the company becomes too strong for shorters to make any money … and they will move onto other stocks
Misery loves company, that's why. And if you try climbing out of the pit, they will reach up to pull you back in.
This goes for most things in life. Many people can't stand for others to be happier, richer, smarter, prettier than them, hence, "if they can't themselves, why should anyone else" is the way they think.
The thing that I like here is that all the talk here is positive and constructive, there's no invasion (so far) by those who were on the other site. All that is required is HelpNeeded to come back.
Lattelarry
Regular
I'm totally ok for people to post legitimate criticism as I think that's really valuable, but its the blatant and false downramping that is so annoying. Like when they were all going on about dilution from the TAB deal.
Reg - any idea if Granny is going to get on board here?
Just Westy
Member
What am I missing here?
Having spent hours reading everything I could find in relation to BET I'm very comfortable holding this stock.
The SP looks oversold @0.615 when the potential gains on offer are taken into consideration.
Some of the HC threads re BET are full of rubbish so well done putting together some decent and well organised threads on the company.
Cheers
Having spent hours reading everything I could find in relation to BET I'm very comfortable holding this stock.
The SP looks oversold @0.615 when the potential gains on offer are taken into consideration.
Some of the HC threads re BET are full of rubbish so well done putting together some decent and well organised threads on the company.
Cheers
comin2getme
Member
The only negatives i can see is stock payments. There are more to come. That and delayed fixed odds launch - which is gunna happen soon.
So much opportunity coming in the usa and globally.
The high shorting makes me wonder if there is a nasty surprise coming, but its most likely shorted as the stock was massively overvalued for its current run rate. With more growth this will change.
I see the current price as a 2nd chance to get a bargain, especially in this crazy market.
Lattelarry
Regular
Buying here is a lot cheaper than a year ago when Tripp got $25M @0.7 so seems like a very good deal to me.
Just Westy
Member
Dilution is an issue for sure but it's a good sign of confidence when the new director signs on for an all stock renumeration package.
Grabbed some more at .60 today and will see where it takes us.
Just Westy
Member
The BET team appear to have some experience in the M&A space as well gaming expansion and the only reason this is my biggest single holding.
Might be something, might be not- seems BET is talking to all the right people, dots are slowly connecting.
www.thoroughbreddailynews.com
www.google.com.au
Caesars Launching Racebook App in Partnership With NYRA
Caesars Sportsbook, in partnership with NYRA Bets, is launching a new horse racing account wagering app, Caesars Racebook, Caesars and the New York Racing Association announced Thursday. Available for download this spring, Caesars Racebook will utilize the NYRA Bets platform to provide bettors...
FOX Sports designated as official wagering partner of NYRA
FOX Sports, a unit of Fox Corporation, has firmed up an expanded partnership agreement this week with the New York Racing Association Inc (NYRA). Under the terms of the deal FOX Sports has been designated
www.google.com.au
Just Westy
Member
Looks like the ducks might be lining up.
TheBigDance
Emerged
I reckon Mr Tripp is balls deep in negotiations with FOX
Lattelarry
Regular
Wondering how long until we get the FO announcement....
TheBigDance
Emerged
I’m not sure we will now till May after listening to last webinar. They mentioned it’s only a soft launch this month to really make sure everything is working properly so no need to announce anything- I believe that’s why shorts are still going hard and not even concerned about closing out - still month and a half away at least
Lattelarry
Regular
Ok that makes sense
TheBigDance
Emerged
Looks like shorts have realised they can’t get the SP under 50 as they went hard with 115m shorts out there and are now closing out. With the shares tightly held this is going to cost them as top 20 won’t sell and the remaining I’d be surprised they will sell knowing shorts starting to close - 4 days ago 900k closed out and price increased 3c - 100M to go - looking at today think the shorts could be worried and great. Hoping this is the run over next few weeks and get back above that $1 and further
Similar threads
