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Monthly chart looks really strong for PENN!
I like PENN here too. DKNG is in trouble and burning cash. PENN is profitable and expanding slow and steady.
Penn National Gaming Q1 EPS $0.55 Beats $0.29 Estimate, Sales $1.27B Beat $1.14B Estimate. Penn smashed it!
Penn earnings tomorrow before the bell. Buckle up!
Opening Indiana in April and New Jersey in May.
CEO Jay Snowden is about to go on CNBC.
The daily candle is at a Red 4 on the DeMark indicator. The last 3 times this happened it went into a 4-5 day upswing the following day. Tomorrow may be the start of an uptrend.
Haha thanks. I like using that historical prices tab too! From what I can see on the chart. It looks like we had about 1 million in volume from 3:50-4. Where was the 23 million? After hours? I do see we had a 1 day total of 30 million, which hasn’t been seen since September.
What site do you use to see volume on a minute by minute basis?
Not to mention stimulus checks coming out right as March Madness starts up. Sports books will be booming!
PENN!! Enjoy the ride folks! Can’t wait for Monday
PENN is unstoppable. Best gambling play by a mile thanks to Barstool. Get on board before it’s too late. This thing will be $200 in no time!!
Make that $4! New ATHs incoming!!
Shares are now up $2 pre-market
And it’s only the beginning...They are going to take 50% market share in Michigan on Friday!
PENN will hit $200 this year
I saw that he left. Didn’t realize that was what happened. I’d imagine more PENN staff will do the same. A lot of people will benefit from the Barstool bump.
I know that’s the problem! If you’re going to own gambling stocks PENN is the only one to own. Sell CZR and buy more PENN. Thank me later.
No, CZR is like a landline telephone in the cellphone era vs. PENN. The marketing PENN can do on social media is unmatched and a huge differentiator. Big investors are only just starting to realize that.
Yup! Although, PENN may hit those levels in 2021. This thing is on fire!
Legal mobile sports betting in Michigan is a huge catalyst for PENN. This will be the first state they enter on a level playing field with competitors. Everyone will go live at the same time and my money is on the Barstool crew.
Virginia, Maryland, South Dakota, Nebraska, Louisiana and Colorado all passed sports gambling bills tonight! Bullish PENN
Penn best estimates. 48k app downloads in PA alone! $78 million in handle through 10/24. Huge day for Barstool!!
Presentation by PENN released today after the bell. Great numbers. Barstool Sportsbook betting handle is up 14% from the first weekend.
https://pennnationalgaming.gcs-web.com/static-files/b4f603c8-4682-446d-b1af-8984e45cb931
I did not. What is the news with them?
Great app numbers from the weekend folks! 67k downloads and counting! That is 4x more than DKNG and FD have ever done in any weekend. Go PENN Go!
No reason to be nervous when the move is backed by legitimacy. They had 67k downloads over the weekend. That’s 4x more than their competitors for any weekend. Barstool does not use “traditional marketing” they use 2 decades of building a loyal fan base and that is a huge advantage. Just hold and watch this stock go up!
PENN had 23k new subscribers to the Barstool Sportsbook on Saturday. That was more subs in one day than DKNG or FanDuel has ever had in one day.
PENN had 23k new subscribers to the Barstool Sportsbook on Saturday. That was more subs in one day than DKNG or FanDuel has ever had in one day.
Great read. The trend is your friend. The path of least resistance is to the upside for online gambling stocks. Everyone betting opposite is getting burned!
Barstool Sportsbook is the #1 sports app in the Apple store
I was part of the Barstool Sportsbook soft launch today. I was able to create an account. It took a few minutes and only asked for basic info and last 4 of my social (which is standard). Overall it was a very good experience. Also received a $10 free bet once the account was created. Things are looking great for the official launch tomorrow.
I downloaded the Barstool Sportsbook app last night. It looks very clean and is easy to use. Yesterday the app was ranked 81 in the sports category. This morning it was ranked 20! This will hit #1 by Friday. Very exciting!!
El Pres has dubbed this week $PENN week!
Up 15% today with $60 in sight! Buy rating and $75 price target from the suits! Go $Penn Go!
DraftKings — Shares of DraftKings fell as much as 5% in midday trading after Morgan Stanley downgraded the gambling company to equal weight from overweight. The brokerage said that while the stock’s 260% increase this year is valid, it’s concerned that the launch of Barstool’s sports app could steal market share. Uncertainty around the upcoming NFL season, on top of already-canceled athletic seasons, could also act as a headwind, Morgan Stanley said.
Just got this email:
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