PBH Charts, page-117

previously pbh seemed to swing between $10-12.5ish around every 3 weeks. It was quite obvious when to top up. But given the surge this week I am not sure. Seems to have been due to a number of potential factors
- optimism around NYC opening up and other states + canada following. The Ny discussion also showed how well the industry was doing in new jersey which may be the source of further optimism.
- several recent partnership announcements by PBH
- potential US stimulus
- The state of Michigan opening up soon and PBH seems very well positioned there in terms of marketing partnerships across a range of major sports (pistons, redwings, baseball)
- BET's sp is doing quite well in recent months with new partners and a recent acquisition , and although a different product, people may be looking at the gambling industry generally and not wanting to miss out on further rises from what we have seen from August onward.

just my opinion