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betinternet (BET)     

eckoh - 16 Dec 2003 21:17

is anybody holding these shares? don't know whether to call it a day on them or hold on for better results in 2004 with the european cup and the olympics. any thoughts?

Active - 19 Jul 2007 16:37 - 13 of 44

I have a 10p target too and fully agree with your post. Still a 100% rise from these levels.

Active - 20 Jul 2007 09:41 - 14 of 44

Finally gone blue. Big rises should be forthcoming IMO.

Active - 20 Jul 2007 13:02 - 15 of 44

5.50-6.00p, L2 is 3 v 2.

Active - 21 Jul 2007 14:33 - 16 of 44

The price has broken the 50 day moving average which has give a positive signal. Volume building up slowly but surely and IMO no resistance until 7.50p!

p.php?pid=legacydaily&epic=BET&type=1&si

Active - 22 Jul 2007 14:48 - 17 of 44

Friday showed how quickly this can move with some interest. As many have pointed out this has the ability to turn very quickly and if followed by any significant news flow continue to do so.

As I have mentioned when looking at the figures this is a very undervalued stock and I honestly expect to see more interest this week especially as we move closer to the results where the possibility of a real profit is certainly getting closer.

Active - 22 Jul 2007 21:04 - 18 of 44

Analysis of online gambling market:

http://www.screendigest.com/reports/06onlinegam/readmore/view.html

http://www.marketresearch.com/map/prod/1350834.html

Review

http://www.soccerbetting.info/bookmaker-review-betinternet.php

Makes for interesting reading.

HARRYCAT - 22 Jul 2007 22:44 - 19 of 44

Don't forget though, that once the results are out, whether good or bad, the sp has a nasty habit of losing 50% of it's value.
Lock in profit and move on imo.

Active - 23 Jul 2007 00:09 - 20 of 44

errmm what profit. The good rises are yet to come. The company has a turnover of 67 million profit and very likely to announce a profit in early September. I know what side of the fence I would like to be in.

HARRYCAT - 23 Jul 2007 08:49 - 21 of 44

You bought at 5.3p, active. If it reaches 10p, that puts you nicely in profit.
'Lock in profit' was referring to your potential gain when 10p is reached.
I am always very cautious with gaming stocks as they have been very volatile in the past, but good luck if you are planning to hold on.

Active - 23 Jul 2007 19:23 - 22 of 44

Thanks for that clarification HarryCat! Level 2 closed at 4 v 1 today which is the best it can be and we had 107k in buys. Would now expect the 6 pence offer to be broken fairly early tomorrow.

moneyman - 23 Jul 2007 20:28 - 23 of 44

Another good day and with L2 at 4 v 1 and buys now at the full asking price I don't think that they will be able to hold it down tomorrow.

Active - 24 Jul 2007 18:58 - 24 of 44

Another little tick up today. IMO the price is getting like a coiled spring and expecting good rises in the v.near future!

Active - 24 Jul 2007 19:09 - 25 of 44

Investtech Analysis Update after close:
Has broken through the ceiling of a falling trend channel. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock has broken up through the resistance at p 5.50. This predicts a further rise. The poor liquidity of the stock (traded 77% of the days, mean 0.29 mill per day) may weaken the analysis. The stock is assessed as technically neutral for the medium long term.

Active - 25 Jul 2007 10:01 - 26 of 44

Up again with good buying!

HARRYCAT - 25 Jul 2007 12:19 - 27 of 44

Not really up. Just narrowed the spread.
Bid 5.75, Offer 6.25p.

Any idea exactly what day the results figures are released?

Active - 25 Jul 2007 20:17 - 28 of 44

7th of September!

moneyman - 27 Sep 2007 23:49 - 29 of 44

Good results and the shorters move in because of a lack of activity and they also see the potential which BET offers.

moneyman - 12 Oct 2007 22:39 - 30 of 44

Time to buy

HARRYCAT - 14 Oct 2007 15:59 - 31 of 44

May just drop below 4p, but hopefully no lower. Then the seasonal boost over the 200 DMA (6p) would be nice.

moneyman - 21 Oct 2007 23:12 - 32 of 44

Looks like it's started Harry
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