poker hand winsRegardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.ignition casino online poker“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Recently, Curtis is consistently endorsing regional gaming equities, a thesis that’s bearing fruit as casinos in the Midwest and South come back online following the coronavirus shutdown that spanned roughly two months.slot casino 3

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soaring eagle casino gift cardBearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.Regional restarts help, too, says an analyst.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.four winds casino no deposit bonus(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.Short 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.10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.bc slots brian christopher

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hollywood casino waveland msCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.Short 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.(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 .But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Duricache creek casino yelpng 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.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .black oak casino seven sisters