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Started By
Message
When are we selling PENN?
Posted on 8/12/20 at 3:28 pm
Posted on 8/12/20 at 3:28 pm
I am up 220%. Not a whole lot invested just $500 to start but taking 1K profit does seem nice. How high do we think this can this get in the long term? I like the idea of sports betting online being recently legalized as its basically a new market and i think Dave Portney can make them the market leaders in that aspect.
8
Posted on 8/12/20 at 3:32 pm to tigersint
I would put a stop-loss order in so if it does start dropping fast you will secure your profits and get back in when you feel comfortable.
Posted on 8/12/20 at 4:07 pm to tigersint
I bought 20 $50 puts today. They are way overvalued IMO but nothing in this environment makes sense. They could shoot up to 60 tomorrow.
Posted on 8/12/20 at 4:22 pm to LSURN98
They probably are but when football gambling starts and people start coming back to casinos this fall I see it shooting up even more
Posted on 8/12/20 at 7:47 pm to tigersint
Sell half. Book gains, take principle off the table and let the rest ride.
Buy on dips if you think the company is worth owning.
Buy on dips if you think the company is worth owning.
Posted on 8/12/20 at 8:40 pm to tigersint
quote:
When are we selling PENN
At the highest price
Posted on 8/13/20 at 12:38 pm to tigersint
I’ve sold it and bought the dips multiple times these past few month. I will say I feel like I’ve sold early a few times, but it beats being the bag holder.
Posted on 8/13/20 at 5:43 pm to Jp1LSU
Same here. Gains are gains.
Posted on 8/13/20 at 9:17 pm to TigerDeBaiter
It dips tomorrow I buy the options.
Posted on 8/13/20 at 11:56 pm to TigerDeBaiter
quote:
Same here. Gains are gains.
My wife always asks me why I pulled out too early. Especially when dealing with options it’s better to take a small win then risk a big loss.
Posted on 8/14/20 at 1:04 pm to Jp1LSU
quote:
My wife always asks me why I pulled out too early.
I seen wut u did thar.
Posted on 9/17/20 at 10:04 am to tigersint
This thing won’t stop. Pushing $74
Posted on 9/17/20 at 10:15 am to DawgCountry
I am up 380%. Do inlet this thing keep riding?
Posted on 9/17/20 at 10:16 am to DawgCountry
I have been using the Barstool sportsbook app for the last couple days as part of the beta test in Pennsylvania. I am really rethinking why I ever sold my PENN stock. The Barstool fans are going to eat this thing up. They have the perfect ecosystem setup. People love the content makers, content makers push the sportsbetting app, PENN profits.
Posted on 9/17/20 at 5:59 pm to tigersint
I bought a good bit of this around 14 in March, and bought more pretty much everytime it fell a huge %, bc I believe in the cult of portnoy.
However it has hit a % of my portfolio multiple times in that last month where I keep trimming it, starting to think I should just say fk it, and let it ride.
Stock is way out ahead of the skis now; but there's so many stocks like that now, that it might be part of the new low rate environment norm I guess.
However it has hit a % of my portfolio multiple times in that last month where I keep trimming it, starting to think I should just say fk it, and let it ride.
Stock is way out ahead of the skis now; but there's so many stocks like that now, that it might be part of the new low rate environment norm I guess.
Posted on 9/17/20 at 6:43 pm to tigersint
quote:
I am up 220%. Not a whole lot invested just $500 to start but taking 1K profit does seem nice
long runway for this and for DKNG
don’t sell
Posted on 9/17/20 at 8:16 pm to cgrand
I bought 220 shares not very long ago and am up 118%. Financial advisor game me the whole overvalued speech the other day and said he was planning on selling at $58. I asked if he had something he else he wanted to put it in that day and he said no so I told him good let it ride. He was giving me a hard time when it dipped close to 50 so I’ve been happily ragging him this week.
Posted on 9/17/20 at 10:57 pm to cgrand
I missed the boat on PENN and DKNG and kicking myself for it. Think I am going to just start selling puts on a weekly to monthly basis and see if it ever gets exercised otherwise I will just collect the premium
Posted on 9/18/20 at 6:42 am to thatguy777
(no message)
This post was edited on 4/3/23 at 3:44 pm
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