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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?

Fred1new - 19 May 2005 13:14 - 49 of 465

I know it is up at this moment (probably result of Shares focus) but the overall trend at the moment is down. If you have caught the bottom of the market good for you but I think it will go down further over next 5-10 days.

pension271 - 19 May 2005 13:56 - 50 of 465

Fred1New - with respect - do you know of some facts that back up your comment - it would help - as at least two sources recent are very upbeat about this. I normally rely on such reports ( not that they are always correct).
Thanks. p/271

Fred1new - 19 May 2005 16:09 - 51 of 465

Pension, I admit to following the charts more and more and buying and selling on changes in trend etc.. But before I buy I do check some of the fundamentals to try avoiding a pig in a poke. I don't think SBT is such.

I bought SBT 20/1/05 at 208 and 24/1/05 at 221p selling 7/3/2005 at 332p. I have been following it fairly regularly since but the trend to me is still down
There is a bounce to-day but I would wait for further evidence of trend change. ICV I believe from memory was a little luke warm to the "gaming online" shares a few weeks back, although i still think they are good cash delivering possibles. I stand to the side for a little while.

pension271 - 19 May 2005 16:56 - 52 of 465

Thanks Fred1 - p/271

jimmy b - 24 May 2005 13:55 - 53 of 465

SBT have Q3 results out on June 2nd ,, does anyone have any info

Fred1new - 24 May 2005 14:39 - 54 of 465

On the 6/4/2005 M Blandford (DCH) sold 6.5 million. Not sure why but a little suprised the share price hasn't dropped further. I don't at present hold any. Just watching.

jimmy b - 24 May 2005 14:48 - 55 of 465

It,s on the up, but thats worth further research , thanks Fred.

Sequestor - 24 May 2005 14:52 - 56 of 465

held these for years since they were Rodime, still looking for a takeover-lol!!!

dikytree - 24 May 2005 17:41 - 57 of 465

Added more of these today - Great future!

dikytree.

dikytree - 25 May 2005 10:40 - 58 of 465

Added again!

pension271 - 25 May 2005 11:36 - 59 of 465

dikytree - just to make you feel that you are not alone - been with SBT for long time now and have been adding on , on any weakness - lets hope early June rewards the patience.
p/271

pension271 - 03 Jun 2005 08:25 - 60 of 465

With such good results other day and high up predictions as well - it is difficult to understand the drop in price - can anyone throw some light as to why??? p/271

gallick - 03 Jun 2005 13:25 - 61 of 465

Perhaps the pending arrival of Party Poker on the scene.

Pond Life - 03 Jun 2005 20:52 - 62 of 465

Problem solved for the time being - we're now moving north again.

Chiva20 - 24 Jun 2005 14:32 - 63 of 465

Anyone know why this is shooting up again? Poised if it breaks through 350 ..

Pond Life - 24 Jun 2005 21:07 - 64 of 465

As above Chiva. Party Poker floats on Monday 2-3 times oversubscribed. Spotlight is on the sector and doubts over SBT while the Party book was being filled have now evaporated. SBT has some catching up to do. Through resistence at 300 and 320, now onwards and upwards to 350 and new highs. Nice!

lanayel - 17 Jul 2006 09:36 - 65 of 465

The whole gaming sector seems to have been marked down today. As far as I can see only due to the detention of the BSS CEO on his way to Costa Rica via the US mainland !!!!

http://www.moneyam.com/action/news/showArticle?id=1405941

With SBT marked down by 11% at around the 286p level this appears to be a opportune time to stash a few away.

Ian

kitosdad - 17 Jul 2006 12:07 - 66 of 465

This is blatent manipulation. drastically oversold. STINKS.

lanayel - 17 Jul 2006 12:14 - 67 of 465

The market makers have marked everything down to scare people into selling. The mark down will trigger some stop losses so that foolish PI's will also get stung.

Once today is out of the way then everything will get marked up tomorrow.

Have bought three tranches today at 286, 288.5 and 292.25p.

Fully expect 300p + tomorrow (possibly even later today).

Ian

kimoldfield - 17 Jul 2006 15:34 - 68 of 465

Ianayel

Don't the Yanks make you want to laugh (with appologies to the genuine ones!)

In a note to clients, Canaccord said the move is likely to be 'politically motivated'.

The broker said it it is too early to say if this is part of a broader strategy on the prevention of Internet gambling in the US or if it is the Department of Justice 'flexing its muscle and trying to influence legislation'.

So when are they going to nuke Las Vegas??!!!!!

kim
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