JuanBluer

The whole board of the company bought shares before the rally.

Short
NASDAQ:PENN   PENN Entertainment, Inc.
The whole board directors of the company bought shares during the last correction previous to the big rally that broke levels previous to COVID.
Anyone really thinks that everyone is going to jump into casinos to burnt the little money they saved before getting fired?? Remember that many of the gamblers belongs to poorly educated people. Gambling is no more than a tax that those who doesn't know mathematics has to pay.
Do you think that developing an online app is going to solve anything? The market of online gambling already have a leader and it is DKNG (www.tradingview.com/chart/FFTQ3kOr/) DKNG didn't even feel the impact of COVID. Is PENN going to beat DKNG in their own field starting so late??
This is a clear manipulation. Check the name of insiders who hear the whispering and bought before the whole manipulation of the price happened.
If check the chart you can see it's already drawing to the shape of shoulder- head- and when we get a second shoulder everything will blow up letting the retail investors with an useless asset and the insiders with all your money, because they are already jumping (check the increasing selling volume during the last days)


May13'20 BUY David A. Handler 
Other 
27.8K
 
 
500.0K May13'20 BUY Jay A. Snowden 
Dir., Pres. &... 
27.8K
 
 
500.0K May13'20 BUY Jane Scaccetti 
Board Director 
2.8K
 
 
50.0K May13'20 BUY David A. Handler 
Other 
27.8K
 
 Information provided by the Interactive Brokers portal.
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