eBet rises 20% in past week

Another good day for eBet.

Earlier this week, it fell to a low of 15c. Today it finished on good volume at 18c, a substantial 20 per cent rise.

Due to the increased volumes lately, it wouldn't surprise me if EBT pulled yet another rabbit out of the hat. As they say, good news always comes in threes.

First there was the inauguration of sportsacumen.com, their very own sports betting site.

Then the terrific Yahoo.com deal was recently announced, giving eBet an extraordinary lift in revenues.

And now - who knows? Something does seem to be happening behind the scenes, resulting in an air of almost tangible optimism about the company.

The bottom line in my opinion is that if ever an erstwhile unloved enterprise was going to shock its critics by performing unexpectedly well, eBet will do this.

I might add that sellers of EBT shares under 20c are drying up rapidly. And those who do sell below this point will regret it soon enough, I'm sure. I reckon it'll hit 20c next week, if this week's sterling performance is anything to go by.

Then once the 20c resistance level's breached, 24/25c is the next resistance point.

Well done, eBet.