PBH 0.00% 66.5¢ pointsbet holdings limited

The market sentiment is certainly against it at present. A...

  1. 34 Posts.
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    The market sentiment is certainly against it at present. A possible rate rise has not triggered a 13 percent drop across all such stocks in the US. It has been on a steady and very predictable drop for the past 12 months to almost a third of its value this time last year. My feeling is that it needs to show tangible results, stop burning cash on marketing and rely more on genuine product development. As you say big money has of course profited all tje way down and continue to do so. There's nothing in any holders comments over the last few days that inspires any confidence in the company and it's now back below NBA deal days with a lot of obligation to them pending.
 
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