Interesting that Bets low share price on Nov 7th of 24.5, was when the shorts on Bet were at there highest- around 16%! Share price has been volatile in the month since then- seems to be a battle between Long Vs Short, and since that time they’ve started to unwind their shorter- as currently we are at 13%, less 3% in a month.
Was the Buckingham fiasco another attempt to keep share price low to help them further unwind shorts or another opportunity for another short attack?
Almost get the feeling bottom is in around here, but have a month till the quarterly and hopefully more positive news. Hopefully a better 2023 with the Co not ‘TRIPPING’ itself up, reining in spending and raking in some cash from its ventures. Has been a crap 2022- gone down from 84c last December 13th.
BET Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
