in 2 weeks we have earnings we should see some buying and we should see low 30 soon. when they report look at what they have to say. remember that this quarter is usually weak because most people are on vacation, and not on the internet. (summer thing, people at the beach, etc..) however next quarter should be great. i would buy the stock and maybe even buy some call options for jan. as always do your own research, this is my opinion
don't forget also that in november(next quarter) they will probably raise the dividend for a third time. My feeling is that they will blow out earning this quarter. now is the time to really surprise the market. i don't beleive in the seasonality thing for this year. i see poker everywhere and all the new casino game will produce some good new revenus. Betfair was ramping up last year and this quarter , now it is smoking. looking for ,38 cents
This same event happened before last earnings report. drop below $30 then pop to $36. I am telling you...buy now 1000 shares and make a quick $10,000. Again, this is a risk but this company makes money, has no debt, and pays dividends. They will be a takeover target soon. Plus if this doesn't happen the worst thing is you have bought the stock pretty low and wait for a bounce back by the end of year. My humble opinion.