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re: Expectations for PENN

Posted on 5/23/20 at 12:46 pm to
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 5/23/20 at 12:46 pm to
quote:

What are everyone’s expectations for PENN?



I would bank every dime of it at current levels and never look back. If it goes a little higher....who cares. Historic highs are in the 30s.
Posted by boomtown143
Merica
Member since May 2019
6701 posts
Posted on 5/23/20 at 5:27 pm to
quote:

I think the initial plan is to build out a barstool sports book area within their existing infrastructure where possible. From there they will mimic the fanduel meadowlands bar/sports book concept


This^^
Posted by Scruffy
Kansas City
Member since Jul 2011
72103 posts
Posted on 5/24/20 at 4:07 pm to
quote:

I would bank every dime of it at current levels and never look back. If it goes a little higher....who cares. Historic highs are in the 30s.
Ended up selling it all.

Figured a 100+% return was good enough.
Posted by ks_nola
Bozeman
Member since Sep 2015
500 posts
Posted on 5/25/20 at 12:48 pm to
yes they will have sports book at their existing facilities where allowed but more importantly they are currently developing their own online platform. as states approve sports betting and online wagering PENN will launch its own app to compete against fandual and draftkings. their icasino has also seen large increase in play but think its only PA and NJ for now.
Posted by Baws
Member since Jan 2020
520 posts
Posted on 5/26/20 at 1:46 pm to
I'm still riding the PENN gravy train.
Posted by boomtown143
Merica
Member since May 2019
6701 posts
Posted on 5/26/20 at 3:04 pm to
quote:

I'm still riding the PENN gravy train.


Same here.
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 5/26/20 at 10:45 pm to
Once I hit 120% on my return I took out the initial investment and letting the rest ride
Posted by Baws
Member since Jan 2020
520 posts
Posted on 5/27/20 at 1:48 pm to


I love $PENN
Posted by ALTiger
Alabama
Member since Nov 2009
3031 posts
Posted on 5/27/20 at 1:51 pm to
Dave Portnoy ridin'
Posted by quail man
New York, NY
Member since May 2010
40926 posts
Posted on 5/27/20 at 3:05 pm to
Wish I had more than just a handful of these shares. Up 30 percent. Appreciate the heads up on this
Posted by boomtown143
Merica
Member since May 2019
6701 posts
Posted on 5/27/20 at 3:09 pm to
quote:

Wish I had more than just a handful of these shares. Up 30 percent. Appreciate the heads up on this


It's not over man
Posted by Baws
Member since Jan 2020
520 posts
Posted on 5/27/20 at 3:34 pm to
I am Yuge! PENN makes me happy.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 5/28/20 at 10:31 am to
I wish I had gotten in earlier
Posted by Baws
Member since Jan 2020
520 posts
Posted on 5/28/20 at 10:58 am to
I only got in at $22. Can't imagine the euphoria for those folks that got in at the single digits.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 5/28/20 at 11:05 am to
Co-worker claims to have gotten in at 7 and has 100 shares.
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 5/28/20 at 11:13 am to
Got in at 12
Posted by Tigerb869
Member since Feb 2017
307 posts
Posted on 5/28/20 at 11:25 am to
I got in at 12 and sold at 16 like an IDIOT
Posted by LSU4ever2002
Member since Sep 2009
642 posts
Posted on 5/28/20 at 11:53 am to
quote:

Historic highs are in the 30s.


Yea but it was still climbing when the Pandemic hit. They havent even started launching Barstool backed casinos / betting apps yet
Posted by skewbs
Member since Apr 2008
2003 posts
Posted on 6/2/20 at 11:29 am to
Anyone know why PENN is dropping today? Wanting to initiate a position and trying to understand what's causing the minor slide in daily trading before doing so. Could it be attributable to profit taking after a couple weeks of steadily rising?
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 6/2/20 at 11:48 am to
It’s probably the 50% gain they had in the prior two weeks. I don’t know, just a guess.
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