Always a bullish signal when large orders go through in the auction a few pips higher, such as what was seen today. It was one large order so could have been a larger insto or strategic Investor that sees mispricing and thinks the stock is undervalued.
Nevertheless, I think it’s fair to say, the next 12 months for BET presents the opportunity to turn the stock into a market darling with the right execution of its growth strategy.
BET Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
