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winstar world casino hotel dealsShort sellers have lately begun trimming their exposure in the sector, after having shorted the sector heavily during the stay-at-home policies brought about by the Covid-19 pandemic,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.“There was +.Some traders are flirting with trouble with short positions in gaming stocks.cache creek casino kid friendlyCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.40 billion stack of chips,” adds Dusaniwsky.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.raging bull casino reviews soaring eagle casino new years eveis island view casino closedBearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.Duriblack bear casino blackjackng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.twin river casino blackjackMaking matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.That was a great trade for the bears that rode the stock down from or the high s to the March low of .As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.seneca niagara casino menu harrahs casino tncasino near me arkansasDuriblack bear casino blackjackng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.Las Vegas reopening is just one reason to like Boyd Gaming stock.(Image: Reuters)With shelter-in-place policies and casino shutdowns the orders of the day starting in March, shorting gaming equities became one of 2020’s easiest and most profitable trades…until it wasn’t.Messing With FireBelieve it or not, bearish traders sunk their teeth into DraftKings, a stock that’s more than doubled since its April 24 initial public offering (IPO).Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.casino slot machine dancing drums bovada casino directions |