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SPORTINGBET (SBT)     

moneyplus - 23 Dec 2003 18:51

Anyone holding these? Evil K drove the price right down and now they seem to be recovering---are they worth considering now they seem to have sorted out their finances?

janetbennison - 09 Sep 2006 09:29 - 106 of 465

just another point, there does not seem to be many people in our share discussion room who held these gaming share. I have been trading them for quite a while now. I will let you know if I hear any news over the week end that I think you shold know about.

janetbennison - 09 Sep 2006 09:36 - 107 of 465

smiler, i did enjoy my drink. I went to the local pub and had a few bacardi and cokes and listened to a live band. It was very good. I got home around 12.30. Needed to relieve the stress built up over the week. I wiil keep an eye on the news re oxus this weekend and let you know also if anything is said that i think you should know about. enjoy your weekend peter and smiler.

janetbennison - 09 Sep 2006 11:22 - 108 of 465

news out channel bbc on television teletext page 102 have a quick look. Peter Dicks ount on bail. Passport taken from him. Back in court next week to try and get permission to get passport back and come back home till court case. in a nutshell.

PW Carnell - 09 Sep 2006 13:21 - 109 of 465

Times on line and independent talk of shares being relisted next weeek -no position at the moment but went on holiday with 2 open positions in this and nlr-apparently sbts execs were in the states in July when they were open,luckily for me they werent caught, thats the last time that happens!.Best of luck if you hold.Ill be trading them when they relist.

janetbennison - 09 Sep 2006 18:14 - 110 of 465

good new if shares are going to be relisted next week. The situation must have now settled down. I do not hold any shares in sportingbet, but I do have a lot of partygaming. Hope shares start to look up then next week.enjoy your weekend.

ptholden - 09 Sep 2006 18:18 - 111 of 465

Closed my short (at a profit) recently, only becuase I won't be around to monitor proceedings. Still think the chart is shit and 1.70 is a good target.

pth

cynic - 10 Sep 2006 10:14 - 112 of 465

soory to bring a bucket of cold water, but huge article in today's Sunday Times (not read it yet) re on-line gaming ...... I reckon shorting almost any company in this sector next week will reap dividends, though my equal guess is that these shares will already have been heavily marked at opening tomorrow.

janetbennison - 10 Sep 2006 13:11 - 113 of 465

peter 123 are you going to hold? I am not sure at the moment. I am getting more concered about the gaming shares. I hope they do not fall too much tomorrow.

PW Carnell - 10 Sep 2006 16:52 - 114 of 465

Janet its really unwise to make trading or investment decisions on random posts by anonymous posters on bulletin boards who may or may not have" huge" agendas.You can read an abridged version of that article on Times on line.

partridge - 10 Sep 2006 17:25 - 115 of 465

Well said PWC. Always do your own research Janet and blame (or congratulate) no-one but yourself.
Cynic - Also in todays Sunday Times (now 2!! - going to view it online at least every other week in protest) is article about "contrarian" fund manager Neil Woodford. Would not be surprised if he is looking closely at some in this sector, as there surely has to be way in the longer term to accommodate the gamblers of the USA.

cynic - 10 Sep 2006 17:25 - 116 of 465

PWC ... your principle is correct, but in fact I for one have no agenda at all .... what I wrote is my own view ..... everyone on here is an adult (self apart!) so take responsibility for their own decisions.

janetbennison - 10 Sep 2006 18:07 - 117 of 465

I have had a read of the article in the times online. and agree with partridge that there has to be a way in longer time to accomoade the gambler of the usa. I myself feel that they have to compromise on this situation. This situation has to be a test case. It is certainly causing a lot of unease in the sector at present. I myself am not feeling very comfortable with this situation, as I currently have a large holding of shares in the company. I am not going to rush and sell at the moment. I will keep a close eye on the situation over the next few days. When this situation happended last time with carruthers the shares dropped quickly from around 1.25 down to at lowest .80p. then two months later say thursday morning went back up to 1.21 at the highest point. This time the share price drop has not been as much, i do not hold sportingbet, but i do hold partygaming. If sportingbet do start trading again tomorrrow, then I would say this is a step in the right direction. On the otherhand I do not like the way they have gone about these two arrests in the first place. Infact it in very bad tase. keep in touch with your opinions. I am always interested in hearing different opionions. take care cynic, partridge, p.w.parnell, smiler and peter 123.

cynic - 10 Sep 2006 19:43 - 118 of 465

JB ... the Americans do not have to compromise at all any more than they did with Prohibition or the death penalty .... good luck with PRTY; it's probably fine in the long(er) term, but be prepared for a very bumpy ride in the immediate future.

Peter123 - 10 Sep 2006 22:41 - 119 of 465

Hi Janet, if SBT starts to trade again tomorrow, i will wait and see. If drops too low (1.80), then may have to take a loss.

lanayel - 11 Sep 2006 08:24 - 120 of 465

SBT has resumed trading - currently around the 140p mark.

cynic - 11 Sep 2006 08:27 - 121 of 465

JB - with sp falling near enough 100 at opening, i guess all you can do is hang on and keep your fingers crossed at least for the minute ..... there is a reasonable chance that the markdown has been overdone, as much as anything else to deter sellers while MMs try to work out what next

janetbennison - 11 Sep 2006 08:32 - 122 of 465

peter i am going to hang on to my partygaming.

cynic - 11 Sep 2006 08:41 - 123 of 465

interestingly, PRTY seem to have scarcely moved unless they have done so in the last few minutes .... However, if you are close enough to break even or better, my own view is that it would be prudent to at least trim your holding for continuing bad reaction to SBT's plight is likely to cause an indicriminate backwash in the rest of the sector.

janetbennison - 11 Sep 2006 09:05 - 124 of 465

cynic I amm holding 80,000 prty at present my average price is 1.166p so I will see how today goes and like you say. I may trim down. I have strong feeling that sbt with recover slowly throughout the day. If peter sells his he will be doing the same as I did with goolast monday morning and that cost me dearly. at the end of the day. At the end of the day. We all make wrong decisions sometimes when we panic. we will all have to wait and see. cup of tea time for me now.

Peter123 - 11 Sep 2006 09:48 - 125 of 465

Janet,

I am holding 20000 shares, i have not sold mine yet, i will wait and see.
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