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timoomoo
timoomoo
·
2021-09-16
Huat
Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?
Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, Point
Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?
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timoomoo
timoomoo
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2021-09-16
Buy buy buy
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timoomoo
timoomoo
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2021-09-16
Ok
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"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885860867","repostId":"1149100867","repostType":4,"repost":{"id":"1149100867","kind":"news","pubTimestamp":1631761067,"share":"https://www.laohu8.com/m/news/1149100867?lang=&edition=full","pubTime":"2021-09-16 10:57","market":"us","language":"en","title":"Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149100867","media":"Motley Fool","summary":"Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, Point","content":"<p><b>Penn National Gaming</b>(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, <b>PointsBet Holdings</b>(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the next 10X.</p>\n<p>It's no shocker that Penn is expanding its reach in the sports betting market. The company has been very acquisitive in the space,buying <b>Score Media and Gaming Inc.</b>(NASDAQ:SCR)and taking a positionin <b>Barstool Sports</b>. CEO Jay Snowden is serious about this market.</p>\n<p>But this latest expansion might offer a clue to investors that there's serious upside in PointsBet, if not Penn, too.</p>\n<p>Penn National Gaming announced its deal to acquire Score Media almost exactly two years after announcing it had added a 9% stake in the company via private placement. Clearly the company liked what it learned over those two years to take the company out in a cash-plus-stock deal valuing the shares at the time of announcement at $34.</p>\n<p>For investors today, Penn's history with Score<i>could</i>be instructive. Score's stock traded around $4 at the time Penn's initial investment was announced, implying a nice 750% gain for anybody who bought in at that $4 dollar level – not bad for a two-year investment. So, is PointsBet the next Score Media and Gaming?</p>\n<p>That's the right question to ask. PointsBet does trade over the counter, so most U.S. investors can take a speculative position and hope that executive decision making at Penn falls in their favor. But that's really all there is to this – speculation. Penn, on the other hand, may be a stock to own longer term for those bullish on sports betting.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Did Penn National Gaming Just Tip Off Investors to the Next 10X Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDid Penn National Gaming Just Tip Off Investors to the Next 10X Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 10:57 GMT+8 <a href=https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, PointsBet Holdings(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PBTHF":"PointsBet Holdings Limited","PENN":"佩恩国民博彩"},"source_url":"https://www.fool.com/investing/2021/09/15/did-penn-national-gaming-just-tip-off-investors-to/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149100867","content_text":"Penn National Gaming(NASDAQ:PENN)has taken a 7% position in Australian sports betting company, PointsBet Holdings(ASX:PBH)(OTC:PBTH.F), which has some investors wondering if PointsBet could be the next 10X.\nIt's no shocker that Penn is expanding its reach in the sports betting market. The company has been very acquisitive in the space,buying Score Media and Gaming Inc.(NASDAQ:SCR)and taking a positionin Barstool Sports. CEO Jay Snowden is serious about this market.\nBut this latest expansion might offer a clue to investors that there's serious upside in PointsBet, if not Penn, too.\nPenn National Gaming announced its deal to acquire Score Media almost exactly two years after announcing it had added a 9% stake in the company via private placement. Clearly the company liked what it learned over those two years to take the company out in a cash-plus-stock deal valuing the shares at the time of announcement at $34.\nFor investors today, Penn's history with Scorecouldbe instructive. Score's stock traded around $4 at the time Penn's initial investment was announced, implying a nice 750% gain for anybody who bought in at that $4 dollar level – not bad for a two-year investment. So, is PointsBet the next Score Media and Gaming?\nThat's the right question to ask. PointsBet does trade over the counter, so most U.S. investors can take a speculative position and hope that executive decision making at Penn falls in their favor. But that's really all there is to this – speculation. Penn, on the other hand, may be a stock to own longer term for those bullish on sports betting.","news_type":1},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885860370,"gmtCreate":1631776781190,"gmtModify":1632806254977,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559068542106206","idStr":"3559068542106206"},"themes":[],"htmlText":"Buy buy buy","listText":"Buy buy buy","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885860370","repostId":"2167287516","repostType":4,"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885887269,"gmtCreate":1631776735551,"gmtModify":1632806255201,"author":{"id":"3559068542106206","authorId":"3559068542106206","name":"timoomoo","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3559068542106206","idStr":"3559068542106206"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885887269","repostId":"2167519147","repostType":4,"isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}