Dave Portnoy wants investors to get their heads out of the gutter.
The Barstool sports boss dismissed speculation that his latest leaked sex tape is being weighed on Penn National Gaming’s stock price this week.
Portnoy addressed the leaks Tuesday as shares of the Casino Company, which owns a third of their Barastool empire, slipped nearly 2.6 percent to end the day at $ 104.09.
“Is a stock down because someone has consensual sex? Are you kidding me? Portnoy said that Unholy video that he posted on TwitterAppealed to his 2.4 million followers to buy Penn’s shares while the price was low.
He said, “I would jump on this dip and I would FA.” “not a joke.”
Portnoy claims to own a “ton” of stock in Penn, which last year paid $ 136 million for a 36 percent stake in Barstool and eventually planned to own half the company.
The Pennsylvania-based organization has since launched a casino sportsbook and a sports-betting app, associated with Barstool’s brand, recently created by Penn CEO Jay Snowden. Postponed As an “undisclosed media asset”.
While it is unclear whether Portnoy’s alleged sex tape actually lowered Penn’s stock price on Tuesday, the day-traded maven suggested that investors should not notice that she had two other salubrious clips earlier. Have been found.
He also tweeted that watching or posting the video was a “federal crime”.
“The pen is stocked down because there’s af-ing sex tape my? Hey, News Flash: This is the third f-ing one,” he said.
“What are you gonna do – ing?” He added. “This is the Internet. So I had sex. People know that “
Penn shares continued their three-day slump on Wednesday, with a 1.7 percent drop in early trading. As of 10:04 am the stock was up 0.9 percent at $ 103.14.
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