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    All Forums | Investments

    Barstool Sports + Penn Gaming =$$$

    Falcons7911
    Rush51
    gambleholic63
    wboggz
    Louis_IV
    ...
    Participants:
    Search
    Views: 544
    Posts: 15
     
    Falcons7911
    Falcons7911
    Prospect
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    Joined: May, 2008
    Posts: 27
    Posted: Jan. 31, 2020 - 12:15 AM ET #1

    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$
    Reply
    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!?

     

    New Year Same game .

     

    Get the bag!! 

     
    Rush51
    Rush51
    Covers Rehab
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    Posts: 8856
    Posted: Feb. 3, 2020 - 1:22 AM ET #2

    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 

    Reply

    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 

     
    Falcons7911
    Falcons7911
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    Posts: 27
    Posted: Feb. 6, 2020 - 5:53 PM ET #3

    With the barstool movement I can’t see this play going anywhere but continue to thrive ....  

    m$
    Reply

    With the barstool movement I can’t see this play going anywhere but continue to thrive ....  

     
    Rush51
    Rush51
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    Posted: Feb. 8, 2020 - 8:20 PM ET #4

    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.

    Reply

    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.

     
    gambleholic63
    gambleholic63
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    Posts: 4412
    Posted: Feb. 10, 2020 - 3:39 PM ET #5

    There is a saying in stock picking that goes like this. "When a horse is running, let it run."

    It looks like PENN is a good horse...it's off and running again today. Congrats!!! Wish I was riding with you guys!

     

    Gamble for entertainment, invest for wealth!
    Reply

    There is a saying in stock picking that goes like this. "When a horse is running, let it run."

    It looks like PENN is a good horse...it's off and running again today. Congrats!!! Wish I was riding with you guys!

     

     
    Rush51
    Rush51
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    Posted: Feb. 11, 2020 - 12:58 PM ET #6

    an_horse

    Reply

    an_horse

     
    wboggz
    wboggz
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    Posts: 103
    Posted: Mar. 6, 2020 - 4:22 AM ET #7

    One bite, everybody knows the rules...bigsmile

    Reply

    One bite, everybody knows the rules...bigsmile

     
    Rush51
    Rush51
    Covers Rehab
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    Joined: Jan, 2005
    Posts: 8856
    Posted: Mar. 8, 2020 - 3:48 PM ET #8

    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..

    Reply

    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..

     
    Falcons7911
    Falcons7911
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    Joined: May, 2008
    Posts: 27
    Posted: May. 28, 2020 - 12:37 PM ET #9

    Hope you all hung in there and even doubled down on the lows, this stock certainly came back with an attitude !$$$

    m$
    Reply

    Hope you all hung in there and even doubled down on the lows, this stock certainly came back with an attitude !$$$

     
    Rush51
    Rush51
    Covers Rehab
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    Posts: 8856
    Posted: May. 28, 2020 - 3:43 PM ET #10

    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..  

    Reply

    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..  

     
    Rush51
    Rush51
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    Posts: 8856
    Posted: Aug. 13, 2020 - 4:11 PM ET #11

    This just might be one of my biggest missed opportunities in selling at the wrong time.   Congrats Falcon if you've stuck with it. 

    This stock is almost up a staggering 15x from its March Low !!  an_speechless  

    Reply

    This just might be one of my biggest missed opportunities in selling at the wrong time.   Congrats Falcon if you've stuck with it. 

    This stock is almost up a staggering 15x from its March Low !!  an_speechless  

     
    Louis_IV
    Louis_IV
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    Joined: Feb, 2007
    Posts: 34742
    Posted: Sep. 20, 2020 - 7:38 AM ET #12

    Nice playpeace_5

    Reply

    Nice playpeace_5

     
    gambleholic63
    gambleholic63
    Banned
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    Posts: 4412
    Posted: Sep. 22, 2020 - 1:43 PM ET #13

    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!
    Reply

    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. 

     
    BIGfnPOO
    BIGfnPOO
    MVP
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    Joined: Jun, 2006
    Posts: 18880
    Posted: Sep. 23, 2020 - 2:53 AM ET #14

    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

     

    bigFnPOO
    Reply

    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

     

     
     
    Falcons7911
    Falcons7911
    Prospect
    Participation Meter
    Joined: May, 2008
    Posts: 27
    Posted: Sep. 26, 2020 - 5:21 AM ET #15

    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$
    Reply

    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 

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