Northstar Gaming Holdings Inc V.BET

Penn Entertainment Hammered Quite Bad

[ScarletSpider]

Looks like Penn Entertainment got hammered bad from over $17 (if i am remembering correctly $17.84) on April 24th to under $14 today when i last checked. Now this was due to its financials. Unlike Penn Northstars financials were strong growth, with the key performance indicator of 31 percent decline in cost per customer acquisition and 18 percent increase in the players over 12 months. Everything grew and costs down doesnt at all equal loss of share value!!!  Should be the opposite actually.

I am very pleased with the financials as well as the fact that this company has secured enough money to work with to continue with its explosive growth plan. It did extremely well from 2022 to now no point it will not continue. 

Remains relative to what it has done and its overall up vs down trajectory.

[ScarletSpider]

Penn just made it to $14.24 i just checked on SH which is likely behind but it was like $13.84 when i saw it.

[a2bman]

I think we have other problems. Did you see this in the finacials Exercisable at $0.0136 4,051,740 $ 55,131

[ScarletSpider]

No to be honest i dont look that carefully at them but that will likely explain a lot so those who were saying there are millions of cheap shares yet were spot on. So assuming that is what is going on i guess on the plus side it is still considerably above that strike point but what about all the shares that have traded so far which there were some heavy trades and from when if any of those were