BET chart, page-582

Is that a serious comment @Haywan88 ??

I have cited a stack of reasons!!

Many others have cited stack's of other reasons!!!

TA/Charting... significant support line broken
Confidence in management, following the TAH bid
Extreme initial high starting point (priced for perfection.... 1.3B in MC and yet only $40M in REVENUES over the last 8 years combined)
Comparisons with peers on a 12 month forward revenue to MC ratio basis (this one is quite interesting.. BET was well over twice PBH for example)
Uncertainty over the shifting landscape
Fundamental disappointment with the TAH offer (extremely optimistic... TAH BOD's will never support it)
Conflict of interest issues if BET wants to move from being a back end provider to a direct supplier (this needs more discussion)
Macro global rotation out of growth into value
Macro gambling headwinds, as stimulus is unwound (Matt Tripp himself discusses this, in an article that I posted)
Frothy valuations in the whole sector.. look at the PBH recent SP decline from mid Feb through now..


I have discussed/mentioned most of the above, as have others and more!


There are a lot of reasons to have a sell sentiment..


And plenty of idea's/views to debate, as opposed to childish personal attacks