Goldman Sachs just put a BUY rating on PENN and sees big upside. -CNBC Here we go!!

Barstool is the perfect fit for Deion. He will flourish there and be able to fully speak his mind.

Just wait until the Barstool Sportsbook app comes out!!

Welcome aboard! We’re happy to have ya!

Deion Sanders is joining Barstool. Huge get as we approach the NFL season!

The Case for Penn National Gaming in 2020

https://link.medium.com/bvf29TgQL8

Nice pop and we still have the launch of the Barstool Sportsbook App to look forward to next month! Very bullish here folks!

PENN has formed a classic Cup&Handle pattern since the pandemic started and is now looking to breakout from it IMPORTANT NOTE: company is reporting ER TODAY before market opens. Price is trading above all major MAs, relativestrengthindex is 61 , macd just crossed the signal and in positive area IF the stock closes above cup neckline around $19.20 (ideally on volume bigger than the 20 MA VolAvg) look to enter a longer term trade with a measured target around $74.61

Promising start to earnings week

Great article Norton. Thanks for sharing!

In August PENN will release the Barstool Sportsbook app. Millions of people will download this and it will be a massive new revenue stream. Every time a state legalizes mobile sports betting (like the bill the Massachusetts House of Rep passed yesterday) this only gets better for PENN. NY may have a bill passed in August as well. Many states are looking at sports betting as a new money maker during these tough times. All good news for PENN.

Yes, but DK has to pay casino companies (including PENN) a percentage to get access to certain states for a certain number of years. PENN is already in those states and has skins and infrastructure that DK will never have. DK has to rely on companies to make a deal with them to get a skin, PENN does not. PENNs current deal with DK is for 10 years. They could easily cancel after that and cut out their competition from certain states.

https://www.legalsportsreport.com/34870/penn-national-gaming-sports-betting-deals/

PENN has brick and mortar casinos. DK does not. PENN can better withstand another sport shut down. Their casinos are in towns and easy to drive to. Most other casinos center around Las Vegas, PENN does not. DK lives and dies with sports more so than PENN. DK is a leaf, PENN is the whole tree.

JUST IN: Massachusetts House of Representatives has approved the economic development bill (H.4879), which includes the sports betting legalization measure.

JUST IN: Massachusetts House of Representatives has approved the economic development bill (H.4879), which includes the sports betting legalization measure. Details to come. pic.twitter.com/ocCfMrpnDw

— Daniel Wallach (@WALLACHLEGAL) July 29, 2020

I see PENN heading to $40 before earnings and blowing past it afterwards. So much good news. Sports are back, more states are legalizing sports gambling, and the Barstool Sportsbook is almost here. Oh and casinos are open. Very Bullish.

Up 10% ??????

Buckle up! Tomorrow is gonna be fun

Bought more PENN today under 30

Elliott Waves showing bullish long term trend for PENN: https://elliottwave-forecast.com/stock-market/penn-national-gaming-inc-penn-incomplete-bullish-sequence/

Great news! Pre-market pop here we go!

Penn isn’t the average casino company. Barstool sportsbook app coming out soon!

I bought more PENN this morning! Wish I waited a little longer, but still a good opportunity to buy.

I am looking at options trading with PENN. Anyone have a good strike price and date? I am thinking Nov. 2020. A lot of good news to come between now and then!

Thanks for all the charts GC. Much appreciated!

Up 10% here we go!!

Great news guys. Should be a fun week!

They also had 156k viewers on Twitch last night for Big Cats latest college football game.

Very good news! PENN looking to pop at the open today.

The CEO started in January and immediately made an incredible move in acquiring Barstool. I think most will look back on that as the best business deal of 2020.

Hittin Heavy is trying so hard to justify why he doesn’t own PENN. Meanwhile the rest of us are just sitting here watching it go up and making solid points. Fun times!

The stock went from $40 to $4 to $40. Big difference. Also, they acquired Barstool and have the app launching soon. That does not line up with your “no news” narrative. People believe in the power of Barstool and therefore PENN.

Great video!

Barstool Sportsbook app comes out in August. Millions download it. Then what? There’s no narrative here for your price points. Why do you think it will go down? RH traders is not a good answer..

If you’re holding this long term like me then there’s nothing to worry about. Great stock, great future earning potential. In a year this will be much much higher. When the machine is running at 100% look out above!

PENN will be $50+ this summer. That app will be downloaded like hot cakes. Any buy before the app release is a great buy!

I agree Norton! Markets go up and down. I feel great about the overall trajectory of PENN. No reason to panic.

Haha! 125k viewers watched their video game Twitch stream last night. That just shows the power of Barstool!

Yes, Barstool is huge. 70 million website visitors each month too. Very very good sign. Looks like a better and better buy every day!

Every dip on this run from $4 has been met with buying power. Very good sign. More longs than shorts with hope of a great earnings report end of July and successful app launch in August.

Where do you think PENN goes this week? I see it going back above $40.