Member Info for Buzle

http://img403.imageshack.us/img403/2460/pace54pagain.jpg

http://img856.imageshack.us/img856/8296/sbtbreakout.jpg had a nibble at 28.5p as it broke the first short term down trend channel but wasnt confident until it broke the upper channel yesterday (all by its self no help from the euro news today) so bought more today as it broke through (29th nov finished 31p). I think it should burst through that 32.75p soon and if that happens then 36p is the next hurdle. read through the rns and all seems in order to me, not sparkling but a forward looking plenty of potential type company. as I already said sbt has a very bright future.

Here's the chart I promised http://img820.imageshack.us/img820/8914/sbt24p.jpg show the fall through old trend

Will post chart later but got a fairly strong 24.5p target

Fell through support and stopped my 30p buy out as well at 28.8p. Tight stop as I feared a bigger drop due to a major market crash. If the main market was not so bearish I would hold but this didn't recover at all today is that 6 days in a row ? Thats real bad. There is only one way to save the euro now...print till they run out of ink. I just dont know what is about to happen but got a real bad feeling about the markets now thats why am out.

Bob you still about ?

forgot to put in the red and blue lines on the bigger chart http://img18.imageshack.us/img18/5149/sbtchart.jpg

http://img412.imageshack.us/img412/5149/sbtchart.jpg

Just tweeked the chart putting in two sets of fib lines using different tops, the one at 40p and the other at 36p both giving very similar levels. 33.25p is the key, if that breaks then the red line is most likely outcome and 31.5p could be a stopping point and worth say half your tranch. If that breaks through then 29p for the other tranch but i would be ok with 30p entry. The other scenario is for the 33.25p to hold then turn back up through 34.5p this would give double bottom (or W pattern if you like) and signal a rise back to 40p. I think the markets are ready for a massive tank and would have to go with the red line sadly but great future prospect beyond the crash. http://img401.imageshack.us/img401/5149/sbtchart.jpg

Think the long term future is very bright for this company but sold mine this morning as just dont need to be dragged down with everything else. Chart shows that sp didn't get near the decending trend line I was expecting around 37/38p but then pigs wrestling in mud again. Saw the turn at 36p so now could get sub 30p but wouldn't worry too much its worth 70p at least when market not so sick

When Paul Hill tipped this as a buy at 51p in feb he said 'I'd value Sportingbet on ten-times earnings before interest, tax and amortisation (EBITA). Adjusting for the pro-forma cash, this delivers an intrinsic worth of around 73p a share. I believe the firm could be snapped up by the likes of Ladbrokes, Sweden's Unibet, or even a large American land-based operator.' He also said 'Daniel Stewart has a target price 80p' Heres the link http://www.moneyweek.com/investment-advice/share-tip-of-the-week-take-a-punt-on-this-online-betmaker-52412 A takeover is on the cards sooner or later IMO

did that 52p kick in the other day?

Anyone know where sbt get their debt serviced is it uk or european?

my unlucky low limit order just missed by 0.26p today (set at 46.5) Grrrr!