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PENN - how do you arrive at a

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RNsidersbuying   Saturday, 05/23/20 09:47:54 AM
Re: ashy2classy post# 72550
Post # of 73049 
PENN - how do you arrive at a random number of "31.99"? And the volume would support "crazy positive news" but I can't think of any? These guys are tied to being casino-operators...not like they could switch to manufacture of masks or vaccines? Possibly a merge with another large casino-operator but that scenario would appear even more dim. Their Vicksburg, MS property re-opened Thursday under these guidelines:

https://vicksburg.ameristar.com/covid-19

No way I believe they can operate better than break-even, at best, under these guidelines?

Also own puts here as being 'casino' brings fear of a DRYS type squeeze? I plan to double down (puts) on any further spiking...

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