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encore casino credit”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.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.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.harrahs north carolina casino“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.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.black hawk casino ok

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pechanga casino food”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.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.online poker casino no deposit bonus“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.16 billion, 95 percent of whicdoubledown casino slots free coinsh is devoted to the 10 most-shorted names.soaring eagle casino facebook

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morongo casino tribeRegardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.In dollar terms, that’s nearly 0 billion.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.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.play lucky dragon

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