riverwind casino randy houser“PENN shorts have been reducing their bets since late May, buying to cover 11 million shares, a -44% decrease in shares shorted, as its stock price rose +115%,” the note continued.13 percent of DraftKings shares outstanding were on loan to short-selletwin river casino vip loungers, while that figure climbs to 10.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.royal ace casino bonusMuch of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).”But DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.casino 86

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thunder valley casino sacramento california“The upward price moves will entice potential long shareholders to buy stock or build their positions, and creates a spiral of long buying pressure, forcing even more shorts out of the trade,” Dusanisky continued.”02 billion of bearish positioning.harrah s casino job applicationBut we’ve seen short sellers taking off some of their bets since mid-August, with 3 million short shares cover, a decrease of -14%, as its stock price rallied +51%,” said S3 Partners Managing Director Ihor Dusaniwsky in a recent note.”One woman was grazed in the incident and taken to a hospital with a minor injury.akh h online casino

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scarlet pearl casino employees(Image: Business Insider)Short interest across gaming stocks is trending higher since March, when many of the names in the group bottomed, and currently sits at .Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.(Image: Business Insider)Short interest across gaming stocks is trending higher since March, when many of the names in the group bottomed, and currently sits at .Short covering is another, because as those nametwin river casino vip lounges rise, bearish traders could be compelled to buy back shares, fueling the very rallies that are burning them.Much of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).Short covering is another, because as those nametwin river casino vip lounges rise, bearish traders could be compelled to buy back shares, fueling the very rallies that are burning them.blackjack casino game