richsox24 Posted May 6, 2021 Report Share Posted May 6, 2021 And Erb...I don't think we can use the term "priced in" any more. When Penn fell to $98-100, everyone was saying what a great buying opportunity it was. Now it's at $80. Penn can most definitely fall to $60. There is literally no rhyme or reason why certain stocks tank for no reason at all. It has nothing to do with more people selling that buying. Bottom line, the billionaires are getting their money back. When they have their hands around a stocks throat, they don't let go. We just have to wait it out. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 6, 2021 Report Share Posted May 6, 2021 22 minutes ago, ERBtheGREAT said: Mike do you think dkng earnings tomorrow would affect gambling stocks at all or everything is pretty much priced in after today price action in that stock has been pretty bad as well it wasn't just the NUMBER on penn's earnings, it was the terrible quality of the report... in a quarter with 2 stimulus payments to everyone, and some really easy comparisons, they still found a way to be pretty awful, not awful for a $20 stock but awful for a $80 stock i don't really like dkng, never have, always thought of it in the same category as GAN, a company that is way overpriced for no good reason Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 Horrible earnings for draftkings. Could be another long day for penn if it moves in sympathy with dkng Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 7, 2021 Report Share Posted May 7, 2021 2 hours ago, richsox24 said: Horrible earnings for draftkings. Could be another long day for penn if it moves in sympathy with dkng i don't think it was THAT bad for dkng, then again they are trading at 20x revenue and haven't proven they can make a profit i think dkng should be trading for $10-20 instead of $50 Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 Bye bye draftkings. Falling off the chart the last hour. Penn soon to follow. Give it about 2 hrs. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 7, 2021 Report Share Posted May 7, 2021 10 minutes ago, richsox24 said: Bye bye draftkings. Falling off the chart the last hour. Penn soon to follow. Give it about 2 hrs. penn isn't a money-losing piece of crap like dkng viac still cheap here under 40 Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 5 minutes ago, milwaukee mike said: penn isn't a money-losing piece of crap like dkng viac still cheap here under 40 Oh i totally agree. Just saying they move in unison with each other for the most part. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 7, 2021 Report Share Posted May 7, 2021 1 minute ago, richsox24 said: Oh i totally agree. Just saying they move in unison with each other for the most part. yeah it's been kind of goofy that way since they have wildly different revenue streams Quote Link to comment Share on other sites More sharing options...
Brock Landers Posted May 7, 2021 Report Share Posted May 7, 2021 Check out BRKS for nice pops after down days.... Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 7, 2021 Report Share Posted May 7, 2021 5 minutes ago, Axl Rose 2020 said: Check out BRKS for nice pops after down days.... earnings come out monday night, i wouldn't step in front of a bus before that Quote Link to comment Share on other sites More sharing options...
WVU Posted May 7, 2021 Author Report Share Posted May 7, 2021 1 hour ago, richsox24 said: Bye bye draftkings. Falling off the chart the last hour. Penn soon to follow. Give it about 2 hrs. Nothing to see here Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 55 minutes ago, WVU said: Nothing to see here Looks that way. Might be the 1st day in 3 months the stocks didn't move together. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted May 7, 2021 Report Share Posted May 7, 2021 I think our Covid recovery stocks have mostly recovered. 100% USA reopening is priced into many current valuations. Going forward I'm playing more traditional fare but always watching for new opportunities. Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 7, 2021 Report Share Posted May 7, 2021 Man rocket has been rocketing the wrong way lately Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 7, 2021 Report Share Posted May 7, 2021 Seems like PENN is moving with CZR and not DKNG Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 1 hour ago, Jimmy Hoffa said: I think our Covid recovery stocks have mostly recovered. 100% USA reopening is priced into many current valuations. Going forward I'm playing more traditional fare but always watching for new opportunities. I think this is pretty accurate Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 1 hour ago, ERBtheGREAT said: Seems like PENN is moving with CZR and not DKNG The last few days, yes But czr has been going up nonstop and Penn is down 40+% from 3 mos ago Quote Link to comment Share on other sites More sharing options...
Tomorrow's Newspaper Posted May 7, 2021 Report Share Posted May 7, 2021 13 minutes ago, richsox24 said: The last few days, yes But czr has been going up nonstop and Penn is down 40+% from 3 mos ago because I have Penn and no CZR Quote Link to comment Share on other sites More sharing options...
ERBtheGREAT Posted May 7, 2021 Report Share Posted May 7, 2021 I said like two months ago that a lot of people that bought in SUPER low would be able to sell for long term gains. Honestly if it was past a year and it was 120+ I would have sold to, but it's easy to say that after the fact. Atleast we rebounded off 80 pretty nicely. Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 52 minutes ago, Tomorrow's Newspaper said: because I have Penn and no CZR Same here. Quote Link to comment Share on other sites More sharing options...
richsox24 Posted May 7, 2021 Report Share Posted May 7, 2021 54 minutes ago, ERBtheGREAT said: I said like two months ago that a lot of people that bought in SUPER low would be able to sell for long term gains. Honestly if it was past a year and it was 120+ I would have sold to, but it's easy to say that after the fact. Atleast we rebounded off 80 pretty nicely. I never owned Penn until it tanked off of $140. I bought in at $100, again at $88 and again at $82. Ive lowered down my cost per share average. Let's hope it bounces off $80 and can run up a bit. Quote Link to comment Share on other sites More sharing options...
Screw Andrews Posted May 10, 2021 Report Share Posted May 10, 2021 It's a good day to be short a couple hundred TSLA ? Quote Link to comment Share on other sites More sharing options...
brokerstip Posted May 10, 2021 Report Share Posted May 10, 2021 LOTZ Earnings Report RICHMOND, Va., May 10, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the first quarter ended March 31, 2021. Highlights of First Quarter 2021 Financial Results Net revenues increased 123% to $56.6 million from $25.4 million in the same period in 2020 Retail unit sales were 2,554 compared to 1,453 in the prior year period, an increase of 76% Net Loss attributable to common shareholders was $(15.0) million, or $(0.15) per diluted share, for the first quarter 2021 versus $(1.5) million, or $(0.03) per diluted share in the prior year period Adjusted EBITDA was $(16.9) million compared to $(1.4) million in the first quarter of 2020 Smashes earnings; stock doesn't move Quote Link to comment Share on other sites More sharing options...
brokerstip Posted May 10, 2021 Report Share Posted May 10, 2021 14 minutes ago, brokerstip said: LOTZ Earnings Report RICHMOND, Va., May 10, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the first quarter ended March 31, 2021. Highlights of First Quarter 2021 Financial Results Net revenues increased 123% to $56.6 million from $25.4 million in the same period in 2020 Retail unit sales were 2,554 compared to 1,453 in the prior year period, an increase of 76% Net Loss attributable to common shareholders was $(15.0) million, or $(0.15) per diluted share, for the first quarter 2021 versus $(1.5) million, or $(0.03) per diluted share in the prior year period Adjusted EBITDA was $(16.9) million compared to $(1.4) million in the first quarter of 2020 Smashes earnings; stock doesn't move Thankfully I sold at about 6.70 and took a small loss on it. It's now down to 5.50. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted May 10, 2021 Report Share Posted May 10, 2021 21 minutes ago, brokerstip said: LOTZ Earnings Report RICHMOND, Va., May 10, 2021 (GLOBE NEWSWIRE) -- CarLotz, Inc. (“CarLotz” or the “Company”), a leading consignment-to-retail used vehicle marketplace, today announced financial results for the first quarter ended March 31, 2021. Highlights of First Quarter 2021 Financial Results Net revenues increased 123% to $56.6 million from $25.4 million in the same period in 2020 Retail unit sales were 2,554 compared to 1,453 in the prior year period, an increase of 76% Net Loss attributable to common shareholders was $(15.0) million, or $(0.15) per diluted share, for the first quarter 2021 versus $(1.5) million, or $(0.03) per diluted share in the prior year period Adjusted EBITDA was $(16.9) million compared to $(1.4) million in the first quarter of 2020 Smashes earnings; stock doesn't move i thought the estimates were for a loss of 14 cents, and they lost 15 cents i might sell some $5 puts, if i can still get a decent price... i think it's a good stock at $5 Quote Link to comment Share on other sites More sharing options...
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