LogFAQs > #956960427

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Topic	Stock Topic 31
CoolCly 08/10/21 4:16:09 PM #480:	So the Score (SCR) seemed like a big loser, I bought at $26ish a few months ago on hopes of lifts from upcoming gambling legislation in Canada, but itdropped to like $15 and stuck there for a long time. But last week it was announced that PENN is going to acquire it completely, compensating existing shareholders with $17 USD and 0.25 PENN shares, which is worth around $17 USD at current prices, for combined value of $34 USD, so prices are now hanging a bit below that. Does anyone know much about PENN? It looks to me to be an operator of casinos and racetracks, so it makes sense they are acquiring the Score. I'm not that keen on being in a company exclusively focused on gambling though. I realize that seems odd considering the reason I bought SCR, but they are more than just that with their sports and esports coverage. I personally like using their apps. Their content can be a bit cringe but I think there's potential there. Owning PENN doesn't feel the same to me Seems like an ez sell to me. --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG <cite>CoolCly posted [p:956960427] in Stock Topi... [t:79521088]...</cite> <quote>So the Score (SCR) seemed like a big loser, I bought at $26ish a few months ago on hopes of lifts from upcoming gambling legislation in Canada, but itdropped to like $15 and stuck there for a long time. But last week it was announced that PENN is going to acquire it completely, compensating existing shareholders with $17 USD and 0.25 PENN shares, which is worth around $17 USD at current prices, for combined value of $34 USD, so prices are now hanging a bit below that. Does anyone know much about PENN? It looks to me to be an operator of casinos and racetracks, so it makes sense they are acquiring the Score. I'm not that keen on being in a company exclusively focused on gambling though. I realize that seems odd considering the reason I bought SCR, but they are more than just that with their sports and esports coverage. I personally like using their apps. Their content can be a bit cringe but I think there's potential there. Owning PENN doesn't feel the same to me Seems like an ez sell to me. --- The batman villians all seem to be one big joke that batman refuses to laugh at - SantaRPG</quote> ... Copied to Clipboard!
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