pechanga casino fireworks 2020But the stock has since posted a six fold gain.“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.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).borgata casino wikiAs a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.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.Shares of Boyd trade at at this writing.big fish casino – play slots vegas games

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morongo casino jobs availableSurblack bear casino blackjackprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.clearwater casino resortRecently, 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.There is some data suggesting short sellers in gaming stocks got a little too greedy.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.poker casino in london

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w casino las vegas”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.“DraftKings (DKNG) saw the largest change in short seller sentiment, with short selling turning into short covering by the end of the May,” said Dusaniwsky.16 billion, 95 percent of whicblack bear casino blackjackh is devoted to the 10 most-shorted names.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.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.roulette game vegas