Quote:
Originally Posted by DaFace
That's a lot of excitement for a guy who has lost 18x the amount he just gained.
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That's actually not indicative of how he's doing.
That loss was all PENN stock before this started.
https://www.playpennsylvania.com/bar...ey-day-trader/
Quote:
The value of his Penn stock (PENN) started at $26.21 per share in February, when the deal was announced. It hit above $39 a few weeks later.
But virus restrictions took hold and upended markets.
Penn furloughed 26,000 employees, and also sold assets and tapped credit to ride out the storm. They also halted construction on two mini-casinos being built.
Penn shares hit a low of $3.75 on March 18. It’s been volatile since but is back up over $13 a share this week.
Portnoy’s streaming of his life as a stock trader began five days after Penn hit bottom.
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