2025.12.14
big dollar casino bonus codesSome traders are flirting with trouble with short positions in gaming stocks.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.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.slot 7 casino free spinsDuring 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.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.drake casino instant play kansas star casino hotel restaurantfantasy springs casino ticketsAs a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.“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.gold coast casino restaurants las vegasShort 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.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.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.boomtown casino steakhouse resorts casino roomsviejas casino vs baronaMaking matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.(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.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.d also open as soon as this weekend.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.Shares of Boyd trade at at this writing.mgm casino in maryland free online poker learning |