gold spike hotel casinoWith stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.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).Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.intertops casino review trustpilot“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.There is some data suggesting short sellers in gaming stocks got a little too greedy.“PENN” refers to Penn National Gaming (NASDAQ:PENN), a name that Curtis reaffirmed a “buy” rating on last week with a significant, upward price forecast revision.nearest casino near melbourne florida

big dollar casino sign up bonus

turtle creek casino concerts 2021Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.There is some data suggesting short sellers in gaming stocks got a little too greedy.vegas casino online 100 no deposit bonus codes 2021“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.(Image: KXNT Radio)In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his price target on the stock to from .As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.peppermill casino blackjack

raging bull casino game

brian christopher slots recent videos16 billion, 95 percent of whicdoubledown casino slots free coinsh is devoted to the 10 most-shorted names.16 billion, 95 percent of whicdoubledown casino slots free coinsh is devoted to the 10 most-shorted names.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.There is some data suggesting short sellers in gaming stocks got a little too greedy.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .star casino gold coast 1