wild casino download(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.“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.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.online gambling with real money”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .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.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.free caesars slot games

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what is the best online casino for real moneyThere is some data suggesting short sellers in gaming stocks got a little too greedy.“There was +.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.free online slots jack and the beanstalkBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.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).cache creek casino winners

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borgata casino my rewardsDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.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.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).Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.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.bovada casino youtube