Member Info for howdlep

as the California Horse Racing Board Meeting is tomorrow, 21 February 2019. Item 14, is the @watchandwager license renewal:-

http://chrb.ca.gov/Board/board_meeting_agendas/2019_02_feb_agenda.pdf

WEB RNS I suspect will be 7am on the 22 February.

buyers arriving in a hurry now and MM's seem keen to let it go. Should be an excellent build up to that license renewal on 21/2

delayed two hours, just gone through. Starting to get interesting

Yes I agree re 22/2 being the day for the license RNS. News due also this month re the ballot referendum signatures. Not forgetting that Finals statement which said:- "Management & Executive highest priority is now to assess strategic opportunities in the USA & particularly in California. This includes potential software deals or even potential mergers or acquisitions. At present the BOD expects to announce more progress in early 2019"

but what?

No lesson, just my thoughts.

yes indeed, very difficult to buy in size. So watch for a rising bid inside the displayed spread. If they don't move it up soon, they will shortly bidding at the mid. Volume the key for a rapid move higher, given the low free float.

and MM's keen to move this up quickly. Now let's see whether they can attract any sellers

We are above MA200 and the descending trend line, linking the May and the November highs. Now we have broken through resistance at 3.29p. Watch for volume and momentum building further.

Re rate coming in February based on:-

1) CA Watchandwager full license renewal (from the temporary one announced 30/11) until December 2020.

2) CA ballot update re the near 600k signatures required to place the measure on the ballot. See

https://ballotpedia.org/Signature_requirements_for_ballot_measures_in_California

Tick up coming shortly, ahead of a far bigger move?

@LSPReport #WEB #Webis Holdings PLC (LON:WEB) @watchandwager @WebisHoldings - not long to wait now to determine whether the California Sports Wagering Initiative appears on the ballot. Just the near 600k signatures required by February.

https://ballotpedia.org/California_Sports_Wagering_Initiative_(2020)

A great close yesterday, on much higher volume.

https://lse.swingtradebot.com/equities/ALGW

https://zakmir.com/2018/02/06/continued-lower-yields-in-2018-an-alternative-that-provides-a-solution-for-institutional-investors-seeking-attractive-yields-to-keep-up-with-longer-term-liabilities/

Pre and post IPO churn has now worked its way through the system. Yesterday was the first example of what increased volume will do, as any sells were very much encouraged and absorbed by the market.
We all know new contract/s are coming. This is now about pi positioning and accumulating ahead of the real professional money entering the market place.
Based on risk/reward, this is an outstanding opportunity, particularly given its tiny market cap and niche area.
Today is going to be very interesting, as the market makers attempt to encourage sellers and fill and work buy orders.
All eyes on that volume.

Excellent news

Californian Governor Brown Signs Tribal Compacts

https://www.gov.ca.gov/2018/08/02/governor-brown-signs-tribal-compacts/

excellent news for the premium jackup rig market. Wonder where they could purchase one from? https://splash247.com/shelf-drilling-ipo-oversubscribed/

The tribes are key to the rollout of Sports Betting, given their existing exclusivity compacts. It is therefore, very important for our BOD to allow progress to be made, in the same way as they didn't lobby in the US prior to the PASPA repeal. News will flow in due course.

Yes indeed, things moving at a pace. https://www.reviewjournal.com/business/casinos-gaming/new-jersey-may-take-sports-bets-thursday-and-mgm-is-ready/

first in Mississippi to Offer Sports Betting. https://sportshandle.com/choctaw-plan-to-be-first-in-mississippi-to-offer-sports-betting/

have until June 20 to pass a new Sports Betting bill. Don't be surprised if they achieve it:- https://sportshandle.com/stage-set-for-vote-on-legal-new-york-sports-betting/

Here it is:- https://www.nj.gov/governor/news/news/562018/approved/20180611b_sportsBetting.shtml