richsox24 Posted May 3, 2021 Report Share Posted May 3, 2021 37 minutes ago, ERBtheGREAT said: Penn launching Penn Game Studios with two acquisitions. I assume the margins are much better on online games than sports betting. Hopefully they crank out the news all week and crush earnings and give good guidance Read that too. So once the stock goes down again on more good news, i might buy more. Waiting for $70-75 per share. Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 3, 2021 Report Share Posted May 3, 2021 It does have a lot of trouble holding its gains. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 3, 2021 Report Share Posted May 3, 2021 31 minutes ago, ERBtheGREAT said: It does have a lot of trouble holding its gains. Not trying to be down on your and rich's stock.....but most overpriced stocks have that problem.... Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 3, 2021 Report Share Posted May 3, 2021 Penn was overpriced at $140 but I dont think its overpriced at $90, nor did I think it was overpriced at $100. Mistake by me I guess. My bigger issue is the manipulation going on all over the market ever since January (when the gme thing started). Stock prices are literally being manipulated daily. Take twitter for example....I own 0 shares of Twitter but to me this is fascinating. it went down 18% Friday alone. 2 of the bigger money managers Elliot Capital and Ark Management said this morning they are using this opportunity to buy Twitter this morning at a lower price. Elliot capital bought up 40 million shares and Ark Management bought 15 million shares. Yet the stock is down today with all that buying? No way. No how. Just pure price manipulation. Also look at Apple for the last 3 months. With a 2.5 trillion market cap, that stock is certainly not over valued. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 3, 2021 Report Share Posted May 3, 2021 Rich I agree with some of what you said and no doubt so shenanigans happen......but imo PENN rise was just too hard too fast....their debt is heavy.... Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 4, 2021 Report Share Posted May 4, 2021 We're all just pawns... Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 4, 2021 Report Share Posted May 4, 2021 penn is trading like crap, even on upgrades/positive mentions i would avoid until after earnings on thursday... nobody really knows what the company will make in the future, for 2022 analyst estimates are anywhere from .86/share to 5.94/share Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 4, 2021 Report Share Posted May 4, 2021 Everything on nasdaq is trading like crap. Look at apples earnings last week coupled with them upping dividends by almost 50% which is unheard of. Stock was $140 less than a week ago. Now $128. All goes back to gamestop in January. Quote Link to comment Share on other sites More sharing options...
WeinkeToWarrick Posted May 4, 2021 Report Share Posted May 4, 2021 Glad I bought some Penn at $91 a few days ago. fuck this market Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 4, 2021 Report Share Posted May 4, 2021 2 minutes ago, richsox24 said: Everything on nasdaq is trading like crap. Look at apples earnings last week coupled with them upping dividends by almost 50% which is unheard of. Stock was $140 less than a week ago. Now $128. All goes back to gamestop in January. yeah good point i thought pbi's earnings report was really good a few days ago, and the stock goes from 10 to 7 Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 4, 2021 Report Share Posted May 4, 2021 This is what happens when people try to make money off of the billionaires. They don't lose. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 4, 2021 Report Share Posted May 4, 2021 On 4/5/2021 at 2:10 PM, Screw Andrews said: Short another 100 TSLA @ $700.....let's see if the ATM gives again.... On 4/14/2021 at 7:36 AM, Screw Andrews said: Short more TSLA this morning at $780.....average price now short $740 Well it's been a month.....TSLA the ATM is still giving.....tempting to cover for 16K....but I think I'll wait Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 4, 2021 Report Share Posted May 4, 2021 Well done screw! Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 4, 2021 Report Share Posted May 4, 2021 1 hour ago, Screw Andrews said: Well it's been a month.....TSLA the ATM is still giving.....tempting to cover for 16K....but I think I'll wait Nice work pal. At least someone is making money lately in the market. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 4, 2021 Report Share Posted May 4, 2021 Thanks guys but I haven't covered yet.....lol Look for some of these shorts guys....the market can be your friend moving both ways.... Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 4, 2021 Report Share Posted May 4, 2021 Things like this are a good starting point to look..... https://www.cnbc.com/2021/05/04/cathie-woods-ark-innovation-etf-drops-nearly-5percent-amid-tech-sell-off-is-now-off-30percent-from-high.html Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 4, 2021 Report Share Posted May 4, 2021 Crazy day Quote Link to comment Share on other sites More sharing options...
brokerstip Posted May 4, 2021 Report Share Posted May 4, 2021 took some LOTZ into earnings next week. 7.15 entry Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 5, 2021 Report Share Posted May 5, 2021 Czr mooning Quote Link to comment Share on other sites More sharing options...
WVU Posted May 5, 2021 Author Report Share Posted May 5, 2021 17 hours ago, brokerstip said: took some LOTZ into earnings next week. 7.15 entry In with you Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 5, 2021 Report Share Posted May 5, 2021 1 hour ago, ERBtheGREAT said: Czr mooning Stock is moving because they reported earnings. You see the earnings numbers? It's comical. Since when are good or bad earnings irrelevant to a stock price or a move? Price literally being manipulated. Will be interesting to see how Penn and draftkings stock prices are manipulated this week with earnings. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted May 5, 2021 Report Share Posted May 5, 2021 Caesars CEO said yesterday their Vegas properties are booked solid for weekends through the end of Summer... Quote Link to comment Share on other sites More sharing options...
brokerstip Posted May 5, 2021 Report Share Posted May 5, 2021 took a little SYPR at 3.81; swinging it to next week and hoping to get 4.50 or 5. Quote Link to comment Share on other sites More sharing options...
WVU Posted May 5, 2021 Author Report Share Posted May 5, 2021 2 minutes ago, brokerstip said: took a little SYPR at 3.81; swinging it to next week and hoping to get 4.50 or 5. In this too at 3.90 remind me to sell when you do if you could please. Quote Link to comment Share on other sites More sharing options...
brokerstip Posted May 5, 2021 Report Share Posted May 5, 2021 7 minutes ago, WVU said: In this too at 3.90 remind me to sell when you do if you could please. will do when I sell at 3.40, ha Quote Link to comment Share on other sites More sharing options...
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