Member Info for Peakybinder

Volumes far lower today...

You can buy 1000 @ 16.8p

I would....

There's strong resistance at 15p, if we dip below that then who knows....

https://www.legalsportsreport.com/102080/federal-bill-banning-sports-betting-ads-introduced/

https://www.thetimes.co.uk/article/gambling-sector-counts-its-losses-dvq706mt2

Yes, I saw that...
40k chunks getting sold, back down to 15p or less again I expect.. Gla.

You can buy 100,000 shares this morning no problem. Spread is low as well..

You can't buy these cheap...
Spread to ask is quite high, so shares are in demand...
Don't get suckered into negativity here, read the board updates and watch the webcast..
We know results to be announced in march already, this is a turnaround..

Why would an investor plough money into this at this stage?
Wait 6 months and buy is off administrators for loose change...

It's getting boring Jam....

Swingtraders always catch a very bad cold.... Risky game.

They bought shed loads yesterday, looks like they are buying this morning as well.
Got to be close...
I'm waiting for results and inevitable drop in housing work.

I sold out yesterday as well, management may not have told the whole story here, and buy backs ended..
How are they running a company if they can loose 20million of hire equipment??!!

Wouldn't surprise me if we are heading for 2600p again.
Rinse and repeat etc...

Let's hope as the investigation continues, no more management mistakes come to light!!

At least they spent all the money when the price was low!!
Mind you, what will happen now this buying volume has gone...

Looks like the drop was over done.

My view having watched webcast is that they have learnt many lessons.
Acquisitions can be a good way to grow, but integration into the existing business can cost money and divert energy, this is what I feel happened here...
The US market is clearly huge, and the current business plan of just chasing that makes sense.
Also seems to me that they have a great team now with a broad knowledge, would have to really screw up to not make the business good money moving forward...
There were also alot of director buys around 40p, so plenty of focus there to succeed..GLA.

I don't think it's a bad business model, just seems management don't have a grip on it...