PBH 0.00% 68.0¢ pointsbet holdings limited

Ann: PBH Awarded Sports Betting Supplier License in Virginia, page-47

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  1. 221 Posts.
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    That's a terrible idea... A company making a loss buying back shares to make short term holders happy and long term holders feel pain? I think if a buyback got announced you'd basically kill the share price (100% would never happen though because it's a stupid idea).

    Just have to ride the wave mate, If the company has a positive future it will reflect in the price eventually. the problem at the moment is the uncertainty of PBH's ability to be noticeable as a major player in the field. The big boys are going boom with marketing because they can, PBH is losing market share with still huge marketing expenses.

    I was a long term fan and holder of PBH but backed out due to uncertainty once market share dropped and cash was bleeding.. still love the company though so don't take me as a shorter or hardcore bear..
 
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