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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: scbeachbum who wrote (72802)5/17/2023 12:14:59 PM
From: Iron Mick  Respond to of 78702
 
I am looking at gaming with ACEL

Posted about them this morning:
Message 34293462

I will dig into PENN though, thank you.

-Sean



To: scbeachbum who wrote (72802)5/17/2023 1:51:50 PM
From: Paul Senior  Respond to of 78702
 
PENN. I'll step up for a few tracking shares this morning.

ACEL might be ok on some measures. I'll go with PENN here. I like its size and diversity of operations. They've a lot of debt; I didn't check to see when due or if at floating rates. Stock at lows maybe because market bets a recession might adversely affect gambling revenues. Company has lots of debt (I didn't look when due or if at floating rates), but also cash/cash flow to service it. I look at PENN as reversion-to-mean play.