casino near me kansasBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.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.sunset station casino las vegas restaurantsHe cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.Surcasino roulette table imagesprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).thunder valley casino hotel reservations

is riverwind casino smoke free

big fish casino emailBearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.There is some data suggesting short sellers in gaming stocks got a little too greedy.40 billion stack of chips,” adds Dusaniwsky.casino near me greensburg pa40 billion stack of chips,” adds Dusaniwsky.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 the stock has since posted a six fold gain.gold coast casino in las vegas

blackjack online video

black lotus casino no deposit bonus 2020(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 .Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.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.“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.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.Surcasino roulette table imagesprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).chumba casino alternatives