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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (30223)3/4/2008 9:54:47 AM
From: Paul Senior  Read Replies (4) of 70975
 
AFN/lottery tickets/PENN. Yes, AFN as we discussed last year. Unfortunately that's when I bought my lottery ticket. If stock triples, I'll still have a losing ticket.

Decided my better bet is to buy the stock of an actual lottery maker. -g-
Been buying small of Scientific Games ([t]SGMS[/t] recently. (Not a value stock)

Holding shares of all gaming stocks we have discussed here. Somewhat baffled at price of PENN. Discount to takeover price is very large. If so many people believe deal won't go through, I would expect to have seen some media news of the problems/outlook that the low PENN stock price is apparently reflecting.
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