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re: $PENN at $14 right now

Posted on 3/25/20 at 3:03 pm to
Posted by Challenger2006
Member since Mar 2014
166 posts
Posted on 3/25/20 at 3:03 pm to
Bought 80 shares on Monday at $9. Just sold half at $15.

Waiting on fricking Robinhood to validate me to so I can spend more.

If it’s under $15 on Friday, I’m going to buy as much as I can.

The stock market is not for me... I waited to long to jump in and that’s all I can think about, I didn’t realize it took 3-4 days before you could access more funds. Wanted to play with 3k in cash but can only access 1k so far.
Posted by catfish 62
Atlanta
Member since Mar 2010
4914 posts
Posted on 3/25/20 at 4:02 pm to
bought 100 shares at $5ish range. will hold long term
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71383 posts
Posted on 3/25/20 at 8:05 pm to
I'm still waiting for my etrade initial deposit to be available
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75268 posts
Posted on 3/25/20 at 9:04 pm to
How long?
Posted by catfish 62
Atlanta
Member since Mar 2010
4914 posts
Posted on 3/26/20 at 1:49 pm to
quote:

How long?



Until sports start up again, then revisit
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6717 posts
Posted on 3/26/20 at 4:38 pm to
Bought at 15.20....then about 5 minutes later plunged...just waiting on sports to return
Posted by BZ504
Texas
Member since Oct 2005
9551 posts
Posted on 3/26/20 at 4:42 pm to
Sold at $14.97 yesterday. Will most likely buy back in.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71383 posts
Posted on 3/26/20 at 8:52 pm to
PENN has a high debt load. Liabilities are about 90% of assets.

Not a terrible idea to buy the dips if you want to make a quick buck, but it's less than ideal if you're playing the long game.
Posted by Challenger2006
Member since Mar 2014
166 posts
Posted on 3/27/20 at 8:43 am to
Penn is down $2 already, going to watch the decline for awhile but will probably buy back in today
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