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Filed	As-Of/On	Form	FullName
Symbol	Country	Industry	Shares
Activity	Shares Change	Shares Change Pct.	Hypothetical Old Value
Hypothetical New Value	Hypothetical Value Change	Hypothetical Return	Hypothetical Results
Director	Ten Pct	Other	Officer
Officer Title	History

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Stock Trading: Entire History Of Holdings/Transactions

Filed	As-Of/On	Form	Fullname	Symbol	Country	Industry	Shares	Activity	Shares Change	Shares Pct. Change	Hypothetical Old Value	Hypothetical New Value	Hypothetical Value Chg.	Hypothetical Return	Hypothetical Results	Director	Other	Ten Pct	Officer	Officer Title	History
2010-02-16	2009-12-31	13F-HR/A	Penn National Gaming Inc	PENN	US	Racetracks	21,928	Sold Some	-7,964	-26.64 %	$503,028	$561,795	$58,767	11.68 %	$-21,344						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2009-11-20	2009-09-30	13F-HR/A	Penn National Gaming Inc	PENN	US	Racetracks	29,892	Added More	3,300	12.40 %	$825,916	$765,833	$-60,083	-7.27 %	$-6,633						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2009-08-03	2009-06-30	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	26,592	Added More	6,948	35.36 %	$871,154	$681,287	$-189,867	-21.79 %	$-49,609						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2009-05-15	2009-03-31	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	19,644	Added More	5,128	35.32 %	$596,785	$503,279	$-93,505	-15.66 %	$-24,409						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2009-02-13	2008-12-31	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	14,516	Sold Some	-1,453	-9.09 %	$292,497	$371,900	$79,403	27.14 %	$-7,948						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2008-11-25	2008-09-30	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	15,969	Added More	1,750	12.30 %	$304,689	$409,126	$104,437	34.27 %	$11,445						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2008-08-22	2008-06-30	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	14,219	Sold Some	-1,200	-7.78 %	$474,915	$364,291	$-110,624	-23.29 %	$9,336						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2008-05-13	2008-03-31	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	15,419	New Holding	15,419	100 %	$693,238	$395,035	$-298,203	-43.01 %	$-298,203						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2007-08-15	2007-06-30	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	0	Sold All	-7,916	-100 %	-	-	-	-54.39 %	$241,913						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2007-05-14	2007-03-31	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	7,916	Added More	982	14.16 %	$392,000	$202,808	$-189,192	-48.26 %	$-23,470						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc
2007-02-08	2006-12-31	13F-HR	Penn National Gaming Inc	PENN	US	Racetracks	6,934	New Holding	6,934	100 %	$320,559	$177,649	$-142,910	-44.58 %	$-142,910						History of Janney Montgomery Scott Llc Ownership Of Penn National Gaming Inc

Returned 11 Transactions!

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