Penn National Gaming, Inc. (PENN)

30.20
NASDAQ
Prev Close 30.92
Day Low/High 29.65 / 31.77
52 Wk Low/High 28.30 / 86.40
Exchange NASDAQ
Shares Outstanding 166.80B
Market Cap 5.16B
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

TOL, DKNG

I am short against . Also,  - added to on weakness this morning - along with his cousin are getting jiggy.

Penn National Raised at Loop Capital

DraftKings Buy Back

Buying back some at $21.70 off of the gap higher.

Executed Prices

* And full disclosures  For those that are counting here are the average prices of my executed orders:  Long Buys * $21.86 * $18.02  Long Sales * $233.12 * $23.74 * $45912 * $47.02 * $3110 Short Sales * $98.06 * March $440 calls $22.91 * SPY March $...

Two Moves

I neglected to mention that I sold out my yesterday and I materially reduced my near the close on Tuesday. PENN and DKNG have advanced by +10% and +15%, respectively, over the last few days, reducing the reward vs. risk ratio.

Dougie's Busy Night of Buying

Here is a list of ETFs/stocks I purchased last evening: SPDR S&P 500 ETF , Invesco QQQ Trust , iShares Russell 2000 ETF , SPDR S&P Biotech ETF , PayPal , DraftKings , Penn National Gaming , Disney , Netflix ($402), Upland Software (new, software nam...

More Signs of an Aging Bull Market

When I referenced being back in a short in the previous post - I didn't chronicle the wide spread damage under the market's hood. Besides the large-cap tech carnage consider the weakness in illiquid/speculative gewgaws, crypto-related equities, larg...

Tweet of the Day (Part Six)

High acquisition costs and a smaller addressable market than many believe exists have kept me away from and : *JIM CHANOS SAYS HE INITIATED SHORT POSITION IN DRAFTKINGS:CNBC — zerohedge (@zerohedge) December 2, 2021

PENN Is Drawing a Downward-Slanting Line on the Charts

PENN Is Drawing a Downward-Slanting Line on the Charts

Here's why Penn National Gaming is not looking like a good bet right now.

Hotel California

* What's to like? Very little.. * Though the averages have held up (thank you "Nifty Seven"), a look under the hood reveals a dismal picture of broken stocks and charts  "Last thing I remember, I was Running for the door I had to find the passage ba...

A Heads Up

If you are trading/investing in Penn National Gaming , I am told there is a New York Post article suggesting that Bar Stool Group cannot compete for gambling in New York.

Minding Mr. Market

The rally in the pull forward group of stocks seems decisively over and the recent deterioration in the share prices of this group of stocks may continue.  I was terribly early on this concept - I covered some of my favorites pull forward stocks lik...

I'm Writing Up a Play for PENN

I'm Writing Up a Play for PENN

Here's how I'd trade Penn National Gaming as it's buying Score Media.

I'm Game for FuboTV

I'm Game for FuboTV

Here's why I think a small gamble in FUBO into earnings makes sense.

I'm Ready to Take a GMBL

I'm Ready to Take a GMBL

Deals by Penn National Gaming and Genius Sports are giving the gambling industry a boost, and here's what I see in the cards.

Make an 'Olympic-Sized' Bet on DraftKings

Make an 'Olympic-Sized' Bet on DraftKings

Swimming, who doesn't want to bet on that?

Green in a Sea of Red (Part Trois)

Boy oh boy was this a good tell!  Check out and today - both are up over +5%! Jul 20, 2021 ' 12:14 PM EDT DOUG KASS Green in a Sea of Red (Part Deux) Yesterday I mentioned I often key on stocks that are green in a sea of red on weak days - in a "sea...

Green in a Sea of Red (Part Deux)

Yesterday I mentioned I often key on stocks that are green in a sea of red on weak days - in a "search" for good trading opportunities.   Yesterday and were green and they are following through today.

Green in a Sea of Red

I often look for stocks that are green in a sea of red - in order to isolate long trading rental opportunities in the days ahead. Two stocks - and - are notable today as potential near term trades on the long side.

After Peak Portnoy

DraftKings and Penn National Gaming are moving towards buying territory. Finally.

Beware of False Prophets

"Beware of false prophets, who come to you in sheep's clothing but inwardly are ravenous wolves." - Matthew 7:15  In a maturing bull market, contrarian views can be enlightening.  I will again note how critical one should look at "Group Stink" espec...

What a Difference 2 Months Make

* Price was not truth in March for the online betting outfits   In early March, when Draft Kings traded at $74, I was considering a short sale.   At that time, DKNG and Penn National were league leaders and everyone was Gaga at the GoGo over on line...

Jim Cramer: Trust Your Instincts Not the Direction of the Stock

Jim Cramer: Trust Your Instincts Not the Direction of the Stock

The next time you are shaken out because of the action I need you to remember these examples.

ARKK Under Pressure, Peloton, Vaccine Moral Dilemma, Charting the Nasdaq

ARKK Under Pressure, Peloton, Vaccine Moral Dilemma, Charting the Nasdaq

The fund is at a key spot technically, and there is real fear that if this spot cracks, what looks like a stretch of rough rapids could become a waterfall.

Penn National Gaming's Decline Has Slowed But Not Reversed

Penn National Gaming's Decline Has Slowed But Not Reversed

Here's what to wait for before going long.

Penn National Rated New Buy at Needham

Portnoy's Complaint

I recently remarked that the league leading online gaming stocks look like they are rolling over.  That includes Penn National Gaming and DraftKings .  I wouldn't be buying... at current levels.