brian christopher slots fromThey are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.(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.peppermill casino poker roomMaking matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.coushatta casino promotions

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jamul casino age limit“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.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.”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.the bellagio casinoThat was a great trade for the bears that rode the stock down from or the high s to the March low of .”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.little river casino news

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free casino video slot game winnersLas Vegas reopening is just one reason to like Boyd Gaming stock.There is some data suggesting short sellers in gaming stocks got a little too greedy.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.admiral casino jackpots