Serling driving up YouBet stock?
 

Can't be a coincidence that the launch of Andy Serling's 'Playing to Win' coincides with The MotleyFool tabbing YouBet.com as stock buy..

http://www.fool.com/investing/genera...uying-now.aspx

if they dont work out the bugs its a play against..

perhaps there is just one eager investor?

Don't know. But it's far more likely than Stronach's bid for Chrysler driving that stock's rise.

???

The stock is down 6% today...

when did the program launch?

Actually, it's a great time to buy Youbet stock... they dropped 35% after the Internet gambling law was passed because lots of idiots sold off ALL internet gambling stocks without realizing horse racing sites weren't affected by the law... I did some research on the stock and it looks good so I just put in a buy order for several hundred shares - thanks for pointing it out Steve!

Here's a release about it: http://biz.yahoo.com/bw/070406/20070406005109.html?.v=1



EDIT: The stock is selling for just over $3 a share right now (although the market is closed for the day)... call your brokers!

It does seem like it might be a decent time to get in...I wish it was 2000 again, I'd be all in. Unfortunately, those days are over for me :)

never mind...thanks derbycat...I was thinking it was a book!

AS someone who plays the market and has looked at Youbet, I wouldn't encourage people to buy it. I think its fairly priced where it is and I've seen them dilute the shares with offerings...not a good thing for a shareholder.

What's your take on PEZZ?

Nerd..

LOL, well I need something other than the ponies to play and options/derivatives/commodities fills the void.

And Mort, Pez is privately held.

Remember, that like my race selections, 'past success is not a guarantee of future results...' :o

There are a couple things I like about Youbet… their growth in earnings this past year, and the fact that they have greatly increased their assets through acquisitions (bought two companies last year – United Tote was one of them)… this is not a stock to hold for the short term (I’m not a day trader, I invest for retirement/profit) but I see potential for growth and gambling is a market that’s not going away. I’m a believer in “Sin Stocks” (alcohol, gambling, tobacco) when there is a possibility for recession - and we flirt with that each time Bernanke speaks these days...

This stock might not be right for everyone, but I’m going to put it in my portfolio…

OMG, I love some of this. (Outstanding, Outrageous, Playfully---all terms attributed to my hero Andy)

This is the company press release from Youbet about this promotion.

WOODLAND HILLS, Calif., Apr 06, 2007 (BUSINESS WIRE) -- Youbet.com, Inc. (NASDAQ: UBET) takes its first step into original programming today when Play to Win debuts at the company's website at noon eastern time. The new 30-minute horse race handicapping series, which is being presented by the Daily Racing Form (DRF), will be hosted by betting expert Andy Serling and features top DRF handicapper Dan Illman.
Play to Win offers "Pro's Picks" on top races for the coming week and launches in time for Youbet subscribers to get insights and betting scoops as the racing world trains its sights on the 2007 season. Produced by Bruen Productions, a Youbet subsidiary, the show can be seen live every Friday. Replays and podcasts of the shows will be available online right after air.

"Serling is outstanding and outrageous in his first series effort," said Youbet marketing VP Tom Levenick. "And we're enabling those behaviors with program segments that let Andy and his guests delve into serious handicapping...and pursue the secrets of the game through regular program features like 'Hidden Horse' and 'Out-of-the-Box.' Both segments will let Serling playfully vent on horses and races that he thinks viewers ought to keep an eye on."

Levenick said that the show eventually will take full advantage of online broadcasting techniques to create a highly interactive viewer experience. "From the onset, viewers will be able to view the show and watch live races at the same time," he said. "As the audience develops, we expect to introduce features that let viewers chat with the experts online or on the phone."

In addition to fan interest, the show is expected to appeal to Youbet's track partners. Levenick said that the program will have advertising slots that tracks can buy to promote content with video displays. In addition, some of Play to Win's editorial content will be developed in conjunction with track co-promotion agreements.

"We appeal to a young audience," said Youbet CEO Charles F. Champion. "And Play to Win is another example of how we hope to increase loyalty to our brand by using today's broadcast technology to enhance the online experience of our customers. The new generation of bettors wants information that comes in highly animated, highly visual formats...and that is the demand we are seeking to satisfy with this series."

Play to Win is scheduled air each Friday from now through the running of the 2007 Breeders Cup races next October.

Look they sold 6.2 million extra shares in December at 3.25. That basically put a ceiling on it near term and dipped it back below 3....If you are looking for a trade and think it could go to 4 sometime this year, I guess it is possible. The United Tote acquisition wasn't a bad idea. But long term, I don't think this stock sees 10 dollars before next decade.

No gambling is not going away. It will not ever. But gambling on HORSES, is not exactly growing by leaps and bounds, as in new fans to the sport. Fans who put money through the window.

If I were to think about anything regarding investment into gambling, it would be something that involved poker and slots.

As for my retirement, give me Berkshire Hathaway, Microsoft, and the oil companies over anything that involves four legs. They, I think, are more likely to be there when I need them than horserace wagering entities.

You would be better off going into straight casino stocks with global reach. Asia, and China in particular with Macau are the fastest growing gaming areas in the world. Another Vegas with bigger possibilites even due to population density over there.

Like I said, I'm planning to hold this stock long term, so I think getting it at $3 is good... my hope is that when the stock dipped to $2.53 last month that that was the bottom and that it's on the rise now - I saw a 1 year projection of over $4 but we'll see about that... It is interesting to see the trend of insider activity for this stock ( http://quicktake.morningstar.com/sto...tocktab=owners ) - this is the first time in years that people like the CFO are buying shares and not selling...

I'm not worried about losing my shirt on this stock, it's just one of many in my portfolio, and it's only 300 shares...

Just my thoughts... thanks for your input.