Webis Share Discussion Threads

[pictureframe] 14/5/2018 13:37

My guess is there is a buying already lined up for this company. Just waiting for new from the court.

[pictureframe] 14/5/2018 13:35

Here you go the start of the BIG rise

[howdlep] 14/5/2018 13:35

Orders announced at 2.30pm, opinions possibly from 3pm. Markets beginning to anticipate....

[sigora] 14/5/2018 13:34

has news leaked ?

[pictureframe] 14/5/2018 13:25

About time it moved !

[moneytree1] 14/5/2018 13:22

tickety up...

[moneytree1] 14/5/2018 12:48

could be 2.30-3pm though likely to be a few hrs later.i wouldn't have thought theyd release anything first thing .haven't a clue though.gl

[pictureframe] 14/5/2018 12:45

What UK time should we hear? 2.30pm ?

[howdlep] 14/5/2018 12:27

WEB a tiny market cap and will still be target even if PASPA remains. The multiple will just be much greater if PASPA is repealed.

WEB also have not spent money lobbying as others will have done.

WEB would be a ready made bolt on for the likes of William Hill US.

[trentendboy] 14/5/2018 11:54

WEB may be a big winner but there are more obvious candidates.

SPO, GVC, PTEC, Hills, 888 - all will jump considerably on good news but may fall on bad (but how bad can it be...)

Hmmm. Web undervalued but is so illiquid and off radar...

[cjohn] 14/5/2018 10:34

I've taken a position here this morning.

It's difficult to put odds on the various outcomes; but it seems to me that downside is limited in the event that PASPA remains: whereas in the case of the other three outcomes, the upside could be considerable.

So a decent chance of no change or a moderate loss, but also s decent chance of significant upside.


A good gamble.

[howdlep] 14/5/2018 10:04

Four possible outcomes are:

1. PASPA remains

2. PASPA partially repealed

3. PASPA fully repealed.

4. PASPA is unlawful and violates the 10th Amendment. This highly unlikely verdict would create a free for all and obviously would be great for the betting industry and all States.

on the balance of probability, the outcome would be

1. PASPA partially repealed

2. PASPA fully repealed

3. PASPA remains.

4. PASPA unlawful.

My prediction FWIW, is that the Supreme Court will want to ensure that all States have the same rights immediately, so that means a full repeal rather than a partial repeal. The fact that the US is already preparing for change, hopfully will not go unnoticed. Today is the day when the Supreme Court could effect change. We will know this afternoon whether they release opinion.

[pictureframe] 14/5/2018 10:01

Some big trades going through now

[trentendboy] 14/5/2018 09:44

cannot be much "in the price" for good news but yes, could fall 20% - problem is the spread is a killer either way.

Dripping money in

[pictureframe] 14/5/2018 09:30

This is limited downside. Low market, expanding business. The only minus is the lack for strong profits but it's not a loss making business.

Will be taken out VERY quickly IF news is good.

[longshanks] 14/5/2018 08:56

It is definitely a possibility that the decision won't go as hoped. I doubt there are many people short on the stock - and tbh, at 1p there is not that much upside to such positions whereas the downside risks are substantial.In that respect those gambling here on the decision are more likely to be those expecting a positive outcome.

[cottoner] 13/5/2018 23:35

”I’m about as positive as a lawyer can be that we’re going to win this case,” said Drazin, who is a lawyer by trade, during the press conference. “People used to talk to me about racing and now they’re talking to me about sports betting.”

[alamaison5] 13/5/2018 22:33

Why people here only see the positive signs?
If no license is granted (tomorrow) in the states (as they are so protectionist) the share price could/will dive. 20/30%, yes?
Risky, very risky.

[noujay] 11/5/2018 21:20

Presumably why SPO is taking steps to ensure their business is firmly based in the US

[2seabass] 11/5/2018 14:58

howdlep - good link - firstly as they state it's very unlikely. However, reading further down the article it suggests companies with race track experience and licences are going to be valuable and sought after.