Recent Buy: Betsson AB

This is a company I’ve had my eye on since last July. It dropped heavily after negative Q2 report but there was something strange about those results and communication in general. One possible reason could very well be the management stock options as described in detail here (only in Finnish though): http://nallensijoitusblogi.blogspot.fi/2016/07/Betssonoptio-ohjelmaostopaikka.html. I don’t know if that’s really the case. If it is, it could be considered to be illegal or at least less than ethical but for a risky vice stock position I don’t mind positioning myself right between illegal and unethical. It does however present a very strong incentive for the management to work on the stock price going forward. This is the main motivation for a purchase of 230 shares for 88 SEK per share. I’ve been also looking for a secondary SEK position and increase in vice holdings so this fits for that as well.