valley forge casino comedy(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.In dollar terms, that’s nearly 0 billion.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.chumba casino mobile appWith 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.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.golden nugget casino biloxi shooting

downstream casino concert tonight

cliff castle casino tribeSurcasino roulette table imagesprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.d also open as soon as this weekend.online casino new york”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Surcasino roulette table imagesprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).coushatta casino smoking

casino near me resort

tachi palace casino fireworks 2021org.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.With 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.In dollar terms, that’s nearly 0 billion.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.With 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.caesar casino login