PENN Reaches Another All-Time High
Stock traded as high as $80.87 before turning over.
I know Dave is taping a ton of other shit today, so, in lieu of any other comments from DDTG, I just wanted to let the casual PENN shareholder (like me) know why the stock is stronger than a wedding dick again today.
There are a couple of stories circulating yesterday and today that are saying NY sports betting is close to being legalized.
I cannot confirm or deny any such reports, I will not attach any of the articles I saw because they are from a competitor, and this heads-up is not a solicitation to buy or sell shares of PENN... To be honest, I don't give a fuck what you do with your portfolio, and I don't care if this is ancient history to people with Bloomberg terminals who don't have to get blogs approved before they post.
This is more for me. A guy who was tempted to take some off the table at $50 (but I didn't), and is now wondering if $100/share is a possibility.
(Greed is good.)
To the moon, and take a report.
-Largie Long Term Investor (LLTI)