Had to go in on Penn national gaming after they purchased a 36% stake in barstool sports, I think it’s a great pairing and look to see where this heads.....
Thoughts on any other stocks that have upside going into 2020 and beyond!?
New Year Same game .
Get the bag!!
m$
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To remove first post, remove entire topic.
Had to go in on Penn national gaming after they purchased a 36% stake in barstool sports, I think it’s a great pairing and look to see where this heads.....
Thoughts on any other stocks that have upside going into 2020 and beyond!?
Funny you started a thread on this Falcon. I got this on my radar for tomorrow to buy some. PENN stock went up almost 10% on the deal w Barstool. I like what I've read about the deal between the two companies, so I'm willing to take a small flyer on PENN
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Funny you started a thread on this Falcon. I got this on my radar for tomorrow to buy some. PENN stock went up almost 10% on the deal w Barstool. I like what I've read about the deal between the two companies, so I'm willing to take a small flyer on PENN
I didn't notice it earlier, but Ron Baron was on CNBC on Tuesday talking about the Penn deal w Barstool Sports. He said the deal "is gonna be worth a ton " for Penn. No wonder the stock went up so much last week. Barron's fund owns 8.6% of Penn.
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I didn't notice it earlier, but Ron Baron was on CNBC on Tuesday talking about the Penn deal w Barstool Sports. He said the deal "is gonna be worth a ton " for Penn. No wonder the stock went up so much last week. Barron's fund owns 8.6% of Penn.
Yeah, this one has certainly bitten the dust. Airlines, Cruise Line Operators, Casinos.. These industries are all front and center in the corona virus destruction. What makes PENN somewhat interesting is that it has No presence in China whatsoever (at least that I am aware of). This price destruction is all base on what ifs... Like U.S. casinos being off-limits like what we're seeing in Macau. I hope it doesn't come to that.. I'm hanging on to this one unless something changes the long term thesis..
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Yeah, this one has certainly bitten the dust. Airlines, Cruise Line Operators, Casinos.. These industries are all front and center in the corona virus destruction. What makes PENN somewhat interesting is that it has No presence in China whatsoever (at least that I am aware of). This price destruction is all base on what ifs... Like U.S. casinos being off-limits like what we're seeing in Macau. I hope it doesn't come to that.. I'm hanging on to this one unless something changes the long term thesis..
I unfortunately sold it all a couple of weeks ago to harvest some tax losses, thinking I would get another lower entry point later. It was always a small position ; Bad timing on my part, but I did buy some more GOOGL & FB a couple of months ago in March in the throes of the crisis, so all is not lost. I missed my opportunity in PENN, but I'm glad to see the company coming back so well... I just didn't see the recovery play out this way , so soon...
GL to you..
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I unfortunately sold it all a couple of weeks ago to harvest some tax losses, thinking I would get another lower entry point later. It was always a small position ; Bad timing on my part, but I did buy some more GOOGL & FB a couple of months ago in March in the throes of the crisis, so all is not lost. I missed my opportunity in PENN, but I'm glad to see the company coming back so well... I just didn't see the recovery play out this way , so soon...
Congrats on your grand slam with PENN, but the casino business carding a 15x in less than a year should be a signal to you to make off like a thief in the night. It makes zero financial logic.
All casinos look like it's 7 AM inside. Maybe casinos can keep afloat on the whales, but I don't see how.
Gamble for entertainment, invest for wealth!
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Congrats on your grand slam with PENN, but the casino business carding a 15x in less than a year should be a signal to you to make off like a thief in the night. It makes zero financial logic.
All casinos look like it's 7 AM inside. Maybe casinos can keep afloat on the whales, but I don't see how.
Congrats on your grand slam with PENN, but the casino business carding a 15x in less than a year should be a signal to you to make off like a thief in the night. It makes zero financial logic. All casinos look like it's 7 AM inside. Maybe casinos can keep afloat on the whales, but I don't see how.
TY for mentioning this..I see them looking like tombs as stocks rise rise rise. and no dividends..???? I am out of all casino stocks 1st time in my life and Penn making me cry... unreal
bigFnPOO
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Quote Originally Posted by gambleholic63:
Congrats on your grand slam with PENN, but the casino business carding a 15x in less than a year should be a signal to you to make off like a thief in the night. It makes zero financial logic. All casinos look like it's 7 AM inside. Maybe casinos can keep afloat on the whales, but I don't see how.
TY for mentioning this..I see them looking like tombs as stocks rise rise rise. and no dividends..???? I am out of all casino stocks 1st time in my life and Penn making me cry... unreal
Appreciate the positive vibes and recognition and happy for all who hung in to take the compliment!
William hill I went and doubled my position on them Thursday dumb luck friday they are
Up 42%
ive preached this last stock on another thread truly love the foundation profile and model!
$CLCT.
purdhased at $16.28 a few months later still rocking hard at $50 climbing PSA sports grading is covered under them and if you know what’s what that is the hottest trend going on !!
i try to share the success to motivate and please feel free to message me with any potential companies to add to the profile !
unless your an quarterback your not moving the chains constantly passing.!
nut up and go get it! I look forward to recommendations from an variety of avenues money to be made I’m on that team !!
???????? continued winning
m$
0
Appreciate the positive vibes and recognition and happy for all who hung in to take the compliment!
William hill I went and doubled my position on them Thursday dumb luck friday they are
Up 42%
ive preached this last stock on another thread truly love the foundation profile and model!
$CLCT.
purdhased at $16.28 a few months later still rocking hard at $50 climbing PSA sports grading is covered under them and if you know what’s what that is the hottest trend going on !!
i try to share the success to motivate and please feel free to message me with any potential companies to add to the profile !
unless your an quarterback your not moving the chains constantly passing.!
nut up and go get it! I look forward to recommendations from an variety of avenues money to be made I’m on that team !!
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