Whats going on at ladbrokes?

Whats going on at ladbrokes? Looks like the stock market is having an early christmas sale cause in my opinion these shares are really cheap at the moment, based primarily on emotive selling. Company was doing really great, now its just doing great. Worth a 20% decline in value? Not a chance! The fundamentals seem fine dispite “Total gross win increased by 33% including High Rollers and but was up only up 7% excluding High Rollers”. “Early trading in November has seen the continuation of High Rollers’ Telephone activity and, encouragingly, reached into double-digit year-on-year growth in UK Retail gross win,” chief executive Christopher Bell said in a statement.

I dont think the emotive selling has bottomed out yet, but when it does there’s big profits to be made. One to watch i reckon.

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