Leaving Penn Station

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So symbol PENN was one of the monster winners after Covid, zooming hundreds of percent higher, and taking David Portnoy’s net worth with it.

slopechart PENN

Now that he’s getting the Harvey Weinstein treatment (lots of accusations about not-so-kosher sex) the stock is in a free-fall. Since March 15th, the stock is down 60%. Just 9% to go, and we can have some lulz based on the meme-ness of the fall.

slopechart PENN

Here’s the multi-decade history of the stock, for the sake of context:

slopechart PENN

Oh, and there’s this……………