Gvc Share Discussion Threads

[essentialinvestor] 15/1/2019 12:01

Well having bet big on the US market that is not helpful.

[fenners66] 15/1/2019 11:49

Anyone got a better interpretation of that US gambling ban ?

Impression I got from Bloomberg this morning was that it was gaming .....

How does it stack against state laws allowing sports betting ?

[warik] 15/1/2019 11:14

Maddogg

If you can afford buy more now the tech indicator looks really good may hit 710. It will also get your avg down.

[maddog68] 15/1/2019 10:33

cheers ken lol

[ken tennis] 15/1/2019 10:09

68 you get morons on every board mate just ignore they're too busy sniffing their own ar-e

[warik] 15/1/2019 09:49

thank you for filter I don't write for others I write for me or sometimes talking to maddogg.

Maybe you bought at 80p do you dont have to worry mate. I am not worried just frustrated with me that I haven't done a good trade.

[maddog68] 15/1/2019 09:49

wtf filtered????? why ??

[warik] 15/1/2019 09:44

Well this stock when it goes up keeps going up looking at the 5 years history and like wise plunges to crazy levels.

Barclays says volatility will continue in 2019 for gambling sector. To be target price means nothing all it states they could get to this price over 12 months but since the summer every investment bank has reduced the TP from around 1300 to 1000-1100.

I would not hold long term as buy and sell you could make money like a day trade stock with fluctuations and volumes.

I have made nearly 4k since my 6500 hit. If I didn't buy at all i would have made 4k which i cashed out and not paper profit.

I would suggest do nothing now as your average of the 2nd lot at 692 not worth selling. We have another day then trading update.

My hope was from 760 this will stay around 725-735 then if really good update take it to 800-825 now in my head it may get to 750 so basically stuffed.

Had I sold at 732 or even never bought back from my 754 sell would have been happy buying low today. But that's the risk buying selling in daily basis. I had a bad feeling yesterday but resisted selling as I was down 1200 last night.

[pkremedies] 15/1/2019 09:43

@Festario

Oo you're hard ..

[hawaly] 15/1/2019 09:41

No position personally.

GLA.

US online betting ban knocks UK bookmakers
Shares in the UK’s biggest gambling groups fell on Tuesday after the US justice department issued a legal opinion that all online gambling was illegal under federal law.

FTSE-listed groups 888, Paddy Power Betfair, William Hill and GVC took a hit following an opinion published late on Monday by the US assistant attorney-general Steven Engel that reversed a 2011 view limiting the scope of a 1960s ban to online sports gambling only.

“Having been asked to reconsider, we now conclude that the statutory prohibitions are not uniformly limited to gambling on sporting events or contests,” Mr Engel wrote.

He added that he expected the view to be tested in the courts.

The industry’s decline on the stock exchange was led by 888 Holdings, which shed more than 5 per cent of its value, while Paddy Power Betfair dropped more than 2.5 per cent in early trading on Tuesday.

FT.com

[maddog68] 15/1/2019 09:40

festario why ??

[blenny2] 15/1/2019 09:39

warik - can you please open a new thread titled something like "GVC-the minute by minute price worry" thread, and let this thread worry about GVC ?

[mylands] 15/1/2019 09:39

Nearly all the gaming stocks are being shafted today. 888 down 13p, Hills down 2.65p, PPB down 125p

[festario] 15/1/2019 09:33

Maddog68 and Warik, - filtered

[maddog68] 15/1/2019 09:29

warik do you think a average at sub 800 is worth a long-term hold for recovery ?

[warik] 15/1/2019 09:21

I REGRET not selling at 3350 @732 to make it worse I bought another 1000 @700 yesterday hoping it will get me to 708 so I could average out a few and come out.

Today I was down silly it's crazy then it recovered to 690 had I bought in the morning it would have been beautiful.

I am going to stick around now not long for trading update however DOJ has called sports betting illegal I hope this doesnt affect sentiment for trading update.

I think all the TP of over 1000 is based on US market expectations. I just want 825 to cover my money then take it from there. This stock is ridiculous senseless selling. Some idiot sold 2 lots 201k at 660 destroying the little people like me.

[warik] 15/1/2019 09:21

I REGRET not selling at 3350 @732 to make it worse I bought another 1000 @700 yesterday hoping it will get me to 708 so I could average out a few and come out.

Today I was down silly it's crazy then it recovered to 690 had I bought in the morning it would have been beautiful.

I am going to stick around now not long for trading update however DOJ has called sports betting illegal I hope this doesnt affect sentiment for trading update.

I think all the TP of over 1000 is based on US market expectations. I just want 825 to cover my money then take it from there. This stock is ridiculous senseless selling. Some idiot sold 2 lots 201k at 660 destroying the little people like me.

[maddog68] 15/1/2019 08:24

my last buy was 1500 @ 693 wish i had gone all on at the open today now at 660's. dam.

[warik] 15/1/2019 04:37

Maddog If I remember correctly your 2nd lot I think 1500 shares at 682 if it falls from 695 just sell it and buy back cheaper that will bring down your avg much closer to 800 rather 833.

if I had sold at 732 would have been so happy but anyways this may go much lower I feel before going back up. Need 825 and I will get all my money back.

[melody9999] 15/1/2019 00:14

I wouldn’t go all in on anything .... period

[tobyjo] 14/1/2019 21:12

hxxps://www.sbcnews.co.uk/latestnews/2019/01/14/ladbrokes-coral-prepares-for-fobt-cuts-with-best-odds-extension/

[maddog68] 14/1/2019 18:43

skippy no i haven't, let's see what tomorrow brings.

[skippybragagnolo] 14/1/2019 18:20

I wouldn't go all in on anything until there's more clarity on Brexit

[pngasef] 14/1/2019 17:12

Don't we all have exactly the same concern every day with every share?

[maddog68] 14/1/2019 16:14

just don't kmow best strategy here averaged at 833 so well down,got 14.5k cash so tempted to go all in at these prices but my concern is it may go lower tomorrow?