But why would anyone buy without any news reassuring the market that BET is on the way to stemming its cash burn? It seems awfully quiet over there at BET HQ.
My answer (having bought over half a million shares over last month) is that they are dirt cheap. Yep, they might get cheaper but the big picture we were getting excited about a couple of years ago is still there. It got blurry for a while and the whole shorting business has been a disaster for the share price, but I'm taking it as a gift.
Ann: Ceasing to be a substantial holder from MQG, page-28
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