Showing posts with label battling. Show all posts
Showing posts with label battling. Show all posts

Saturday, 12 February 2011

Betfair shares battling to fight back

Early in the week Betfair shares cracked the £10 mark again for the first time in a while, things were starting to look up, particularly on the back of some hard work promoting the company to its float partners last week. But that price took a real pounding yesterday, dropping back to 917p overnight, with a 15p recovery so far this morning. What triggered it? Did the market panic over another cold spell which may cause racing cancellations? Did some 'expert' analyst put out a sell call or did the market not like Betfair's association with sacked Sky pundit Andy Gray?

Who knows - I've given up trying to predict what the stock market will do on a day-to-day basis...Posted byScott Fergusonat09:55