is chinook winds casino open right nowDuricache creek casino yelpng 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.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.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.golden nugget casino parkingSurcache creek casino yelpprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).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.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.chinook winds casino hours

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mountaineer casino near me(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.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.cache creek casino free busorg.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.seminole casino slots

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royal ace casino welcome bonus40 billion stack of chips,” adds Dusaniwsky.But the stock has since posted a six fold gain.There is some data suggesting short sellers in gaming stocks got a little too greedy.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.royal ace casino payout