Stock Watchers: Youbet.com buy this afternoon is my play

[topgame85]

Youbet.com has been up and down large numbers over the past few months between just over a dollar a share to almost $4 last week, this stock has dropped back down to around $2.80 as of right now and they are scheduled to release 2nd quarter earnings today after market close.... I am speculating a good quarter for several reasons. I being a horse player know how we are. This site took in record handles on and offered all 3 triple crown events this year. They signed new customers through doing this and that brought existing horse players in to their site as well. They have made improvements such as more simple deposits via money pack as well offering the product to more casual players. The United Tote portion of their buisiness no doubt will continue to suffer yet the online ADW (advanced deposit wagering) will do nothing but increase. Overall I look for better than expected earning resulting in a decent jump to the price of the stock and even better results moving forward through the end of the year. Get in now it will be worth it.

traded on Nasdaq under symbol Ubet, respond with analysis or comments if you wish.

[topgame85]

CXan't even get a reply about a slightly off topic subject when there are points to be earned?

[topgame85]

Price down 20 cents or so this morning will be placing a buy in shortly see if we can get it down a little bit more, even if this does not have the short term profits I am expecting long term it will be very profitable IMO I am thinking you can expect a ROI any where from 40-200% on this stock in the next year

[jjgold]

Topgamer most guys here cannit afford a fukkin shirt let Alone buy a stock.

Youbet is best racing platform out there, stock never seems to higher than 4 1/4.

[topgame85]

Haha good point coach, this stock was in the $20 range during web boom days but since has fallen off, the keys for success with this company are dumping united tote (selling it) as they are losing money on it, expanding internationally which is in the works and US legislation. If anyone has paid attention like me youbet has come out supporting the Frank bill and poker players. Were regulated online gambling allowed for poker casino etc youbet is ready to jump in and with the name like youbet.com and their large base of horseplayers profits would skyrocket. This is my sleeper stock and want to get as much into it as at low a price as possible and reap the rewards. i just hope management keeps their heads straight and move forward I could see this stock easily at $6-10 and if online poker is legalized anytime in the near future back to around $20. Churchill downs sits at $38 and a large part is based on other things they have but twinspires is part of their company and part of the reason their price is high.

[topgame85]

Alright well intraday low was at 2.74 but I'm getting in now around 2.80 good luck to anyone else playing the market

[ryanspeer2001]

I was looking hard at this stock a few weeks ago but can't pull the trigger yet, I agree with everything you said in the first post EXCEPT the big factor today that will keep this stock from catapaulting is that the stock already got its big jump right after the Triple Crown when they announced their financials from those races. I believe with solid results today and low operating costs that this stock is a buy but I do not see it reaching the higher levels of the past for a long , long time.

Good luck!

[DacBietViet]

wtf is youbet.com

[topgame85]

a legal horse race betting site dac they give you a free $20 first bet sign up pal, reports are in youbet showed great double digit growth however united tote took a beating as expected, this tock will be on the up swing and will makeme good money i'm covinced

[flyingillini]

It is good to see Topgamer back in true form. I remember when he did his stint in the pokey, I am glad he is back!