474 live 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.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.gold coast casino las vegas phone numberBut the stock has since posted a six fold gain.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.(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 .lucky creek casino bonus

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wynn las vegas emailRegional restarts help, too, says an analyst.Betting on BoydFrom June 1 through June 4, Boyd will reSome traders are flirting with trouble with short positions in gaming stocks.live casino njThey are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.In dollar terms, that’s nearly 0 billion.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.choctaw casino spa tower

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lucky tiger casino promo codeThere is some data suggesting short sellers in gaming stocks got a little too greedy.40 billion stack of chips,” adds Dusaniwsky.That was a great trade for the bears that rode the stock down from or the high s to the March low of .Duricasino roulette table imagesng 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.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.There is some data suggesting short sellers in gaming stocks got a little too greedy.caesar casino bonus code