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mountaineer casino application16. “There’s upside call activity. Traders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. mgm casino account(Image: Booking.com)Entering Monday, Penn National was one of the worst-performing stocks in the regional gaming space with a year-to-date gain of just 3.5 percent. Traders buy call options to express a positive view on a stock while put options are employed to bet that the underlying equity will decline.Penn National, the operator of the Greektown Casino in Detroit, is expected to post earnings of 34 cents a share for the quarter ending June 30, down from 57 cents a year earlier.Analyst Chatter Over the past month, analysts revised profit estimates on Penn National higher by nearly 2 percent. The company’s last four quarterly reports featured just two upside surprises. viejas casino las vegas gold coast casino new yearstwin river casino onlineWhile PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchbrian christopher slots family firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.While PENN doesn’t have a tradition of buoyant earnings updates, some analysts are enthusiastic about the stock over the long-term.Last week, researchbrian christopher slots family firm Susquehanna initiated coverage of the casino operator with a “positive” rating, the equivalent of a “buy” and a price target, implying upside of more than 25 percent from Monday’s closing price.Chicago Mayor Lori Lightfoot wants Windy City residents to help decide where a casino should be erecteblack oak casino recent winners(NYSE:BYD).This one is one (Penn National) that some of the smaller gaming companies have had a lot of love lately,” said options trader Jon Najarian on CNBC earlier today. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. They’re (traders) buying August calls here.”Options market data suggest traders are wagering shares of Penn National are poised to snap out of those doldrums and bets on the operator of casinos under the Ameristar and Hollywood brands come after the stock surged 8.6 perbrian christopher slots familycent last week.Bullish Buying With about an hour left in Monday’s trading session, the August Penn National calls, the options mentioned above, had a volume of nearly 13,000 contracts, meaning buyers of those contracts are betting the stock moves above before the options expire on Aug. chinook winds casino transportation free chips for zynga pokerellis island hotel and casino in las vegasThe Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. compared to machines from the state’s two other VLT vendors. (NASDAQ:RRR) and a mere fraction of the almost 30 percent gained by Boyd Gaming Corp. The Tropicana in Las Vegas operated by Penn National, a stock traders are suddenly excited about. (NYSE:BYD).This one is one (Penn National) that some of the smaller gaming companies have had a lot of love lately,” said options trader Jon Najarian on CNBC earlier today. Chicago Mayor Lori Lightfoot (D) is asking city residents through an online survey for their input on where a casino resort should be located and what amenities it should feature. jackson rancheria casino poker room lucky tiger.casino |