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Penn National Gaming Inc. Message Board

scottsdalem 3 posts  |  Last Activity: Jul 15, 2015 11:41 PM Member since: Jul 2, 2007
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  • Reply to

    open 108 and close 94 area mark my post

    by stock.shah Jul 15, 2015 7:46 PM
    scottsdalem scottsdalem Jul 15, 2015 11:41 PM Flag

    I shorted at 108 in the AH. So hope it opens the premarket at 7 AM around 104/103 or even below and decline steadily from there. No over 110. That would be bad.

    Sentiment: Strong Sell

  • Brutal IPO day for sure for this stock. Down over 17%?? Wow. I have never seen a brutal IPO on a opening day. Did they price it aggressively? Who sold the stock and why? Did they benefit any by selling on the opening day? Why would they sell below the IPO price?? Got nervous?? I am puzzled. I bought at 12.15 near the end of the day thinking I was smart. But even that move looks disaster if this continues to go down on Monday. The underwriters have option to buy 1.1 million additional stock at IPO price. May be they should start buying in the open market to stabilize the price. This needs to go up 10% Monday even to get close to $13. Wow. Any insight reply would help me. Thanks!

    Sentiment: Strong Buy

  • Reply to

    Drug Potential

    by basary May 28, 2015 8:03 PM
    scottsdalem scottsdalem May 29, 2015 12:28 AM Flag

    From a company presentation in early May, they forecast $120 mil peak sales without differentiated label, and $420 peak sales with diff label. so FDA has to approve and give the differentiated label first, which is not given. 2) The co also predicted 85 to 90% Cr versus the 65% CR for comparator. But the results are 64.7% and 56.x%. Huge drop in the CR exceptions even though it passed the statistical significance by a hairline.

    Sentiment: Strong Sell

19.34+0.26(+1.36%)Aug 3 4:00 PMEDT