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casino 66Betting on BoydFrom June 1 through June 4, Boyd will reCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.(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 .seminole casino rv parkingLas Vegas reopening is just one reason to like Boyd Gaming stock.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.There is some data suggesting short sellers in gaming stocks got a little too greedy.borgata casino floor map

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wildhorse casino all you can eat”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.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.brian christopher slots social bladeBut the stock has since posted a six fold gain.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.caesar casino florida

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resorts casino 1978As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.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.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.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).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.free slots online

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