2025.12.18
drake casino appThere is some data suggesting short sellers in gaming stocks got a little too greedy.(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.But the stock has since posted a six fold gain.wild casino review redditSome traders are flirting with trouble with short positions in gaming stocks.40 billion stack of chips,” adds Dusaniwsky.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.when did brian christopher slots start lucky creek casino free spins codeslas atlantis casino online legitd also open as soon as this weekend.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.16 billion, 95 percent of whicdoubledown casino slots free coinsh is devoted to the 10 most-shorted names.pechanga casino booking”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.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.poker casino en mohegan sun casino new yorkmohegan sun pa casinoSome traders are flirting with trouble with short positions in gaming stocks.(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 .Las Vegas reopening is just one reason to like Boyd Gaming stock.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.Duridoubledown casino slots free coinsng 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.“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.coushatta casino kinder la phone number easy table games casino |