more than 180% increase this year is being driven by "unfounded 'expectations,'" Deutsche Bank said Thursday as it reiterated its sell rating on the stock.
"We believe the fundamental and valuation support under PENN is lacking," analyst Carlo Santarelli wrote in a note to clients, adding that he anticipates "a considerable contraction in shares" once investors account for the limitations in the sports betting and iCasino themes.
Source: Gaming Daily Report (gamingdailyreport.net)
Pro DeutscheBankAG are morons these asshats do not realize Illegal sports betting alone could be worth 500 billion U.S. dollars according to some estimates. This is an untapped market and you damn well sure I can guarantee PENN is going to get a HUGE Share
Pro 🍌 🍌
Pro stoolpresidente
Pro lol 👇🏼
Pro If $PENN is an overvalued meme what do you call this DeutscheBank
Pro They come for everyone
Pro Congrats on the CNBC Pro account. Super hard flex that I’m about to adopt. I’m only going to share articles with a pay wall. Make people believe in an curious and scholarly lad
Pro That usually means it’s going higher.
Pro Why is there a pic of Dave Portnoy?
Pro About as meaningful as unsupported upgrades. Just a head saying words
Pro Who should believe your bank. Deutsche Bank laundered money for Russia,Putin and TRUMP. And don’t forget they laundered money for Hitler and Mussolini. SHAME
Pro -Penn, probably. stoolpresidente PNGamingInc
Pro DB not a BB
Pro Tell Duestche Bank to worry about their own tumbling stock and scandals lol
Pro $db issa joke!
Pro 🥱🥱🥱
Pro We rather sell Deutsche bank. Worthless
Pro Shouldn’t you be busy laundering HillaryClinton money?
Pro Replace penn with the whole market
Pro Since when do banks downgrade to sell, its always to neutral or something like that. Banks were still upgrading that truck maker when truth came out that the truck in the video was rolling down a hill and the technology does not exist.
Pro Memes are pricey. Sometimes priceless. Look at $DB stock performance! 😂
Pro $PENN investors about to be liek
Pro Lol, $DB actually has become the meme company/stock. A bunch of old, fraudulent, money laundering oligarchs parading around in shitty overpriced suits.
Pro All penn does is make me money. Have 2000 shares at 16$ not selling until 140$
Pro esbonvouloir Iafrate_Alex
Pro Does Deutsche not realise that the entire stock market is a meme at this point?
Pro Deutsche Bank made money off Jeffrey Epstein trafficking children.
Pro Fuck Deutsche Bank!
Pro Why doesn't this surprise me.
Pro suits trying to dump. Power to the people.. To the moon with barstoolsports and Penn gaming
Pro Its going to have another rise, I should buy more out of spite. TO THE 🌕 Davey
Pro This guy stinks at his job
Pro “DeUtScHe BaNk SaYs” 🤣🤣🤣
Pro
Pro Carlo Santarelli has tried this game on penn one time to many. Guy is a J O K E ! Just got a new pt to $100 lets rjde 🚀
Pro In other words, Douche Bank has a short position they are losing on.
Pro stoolpresidente 🤣
Pro More like douche bank amirite
Pro stoolpresidente
Pro Isn't Deutsch bank the one stupid enough to loan Trump money?
Pro BarstoolPrez thoughts?
Pro who cares about what deutsche bank says
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