Penn says that it expects to record a loss of between $800 million-$850 million on Barstool Sports. As Dave Portnoy buys it back for $1.

https://www.hollywoodreporter.com/business/business-news/dave-portnoy-buys-back-barstool-sports-1-dollar-1235560225/

According to a new securities filing, Portnoy acquired the sports media brand he founded for just $1. Of course, there are other pieces to the deal, but the shocking sale price (Penn spent $551 million to acquir

What do you think about NWN?

It is a Dividend King, trading at 104w ATL. Div Yield of 4.69% habing several buy consensus which range between 46 to 52 USD. Last quarter earnings were above expectations. Under this circumstances this is a growth and div stock. What are your thoughts?

submitted by /u/Big-Bad-5405
Is it a good idea to change my strategy? (Read Below)

I am very much aware how everyone says never change your strategy, stick to it and work on it until you become profitable. In my case, my strategy is fundemenatally broken. Ive been trading for more than a year, and my strategy is based on techncials. I've noticed my strategy is really dependant on the overall condition of the market. Rarely do I ever make a profit when the market is in the red and vice versa. I want to move to a completely different strateg

Scaffolding companies play?

I can’t find anything about any publicly traded scaffolding companies. Recently watched ‘ how to with john Wilson’ and one episode goes into the world of scaffolding in NYC and the need for it and how it’s over a 50bill market that isn’t going anywhere as we are only going to be continuing to build upwards. Anyone know the best play for this opportunity?

submitted by /u/Chie
Here’s my portfolio, 13% return after ~1 year. What should I improve?

Hello! I’m 21 yo, investing every month into this pie I made. I also buy S&P500 monthly. I achieved around 3-4% higher return on individual stocks compared to S&P.

I wanna hold this as long as possible.

Apple 15% Microsoft 8% Google C 8% Amazon 5% Coca-Cola 5% Berkshire 5% McDonalds 5% Nvidia 5% Mastercard 4% Procter & Gamble 4% UPS 4% Disney 3% Tesla 3% Realty income 3% Qualcomm 3% AMD 3% AbbVie 3% Cisco 3% Nike 3% Monster beverage 3%

What would happen to CZR if they do successfully offload some properties?

Been reading that they’ve been looking to se Flamingo and maybe Planet Hollywood to cover their debts

Those are also strategic locations tho

So like. I guess their balance sheet looks better but future business may not

What generally happens in these cases?

submitted by /u/inm808
NVO - great moat?

Hey guys,

Believe it or not, I wrote this post yesterday at work, circa 3 hours before the news about the company and its shares skyrocketing. I'm from the field so I've heard about the drug for obesity around 3 months ago for the first time. Even though now probably not a good buy due to the momentum and hype, I'll post the original post anyway:

What's your opinion about Novo Nordisk (NVO). It's not the best buy right now and

PayPal is trying to drag its 435 million users into the $120 billion stablecoin market.

PayPal has become the first major US fintech company to offer its own crypto token with a dollar-pegged stablecoin called PayPal USD. The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC, at a time when the hype over cryptocurrency has largely fizzled and prices have been mostly stable with no big run-ups since 2022. PayPal's chief crypto executive, Jose Fernandez da Ponte, believes that stablecoins are th

r/Stocks Daily Discussion Wednesday - Aug 09, 2023

These daily discussions run from Monday to Friday including during our themed posts.

Some helpful links:

China hawk says Beijing could attack Taiwan by 2024, bringing ‘war to the West’

Prominent China hawk Kyle Bass told CNBC on Tuesday that he believes Chinese President Xi Jinping is determined to “bring war to the West,” with an invasion of Taiwan likely before the end of 2024.

Bass, who is founder and chief investment officer at U.S. investment firm Hayman Capital Management, said that the West — and particularly Wall Street — is too preoccupied by the apparent economic unviability of such an attack.

But, much like Russian Pre


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