Posts Tagged ‘Pinnacle Entertainment’

Casino Stocks Continue Momentum

1:25pm (EST) Casino stocks are getting another pop and I wanted to update a trade that profiled back in June.  This trade was from June and was before our “official” launch so many of you new subscribers have not seen this one.  DO NOT take this update as a newRead more

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More Bad News For Casino Stocks

There seems to be no good news in site for the casino stocks. On October 23, I had mentioned that the sector has been battered and bruised and it’s unbelievable how low some of these stocks have gotten. We used the weakness to play a two-week rally and made someRead more

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Casino Stocks Continue Higher

The casino stocks powered higher again on Friday and are showing some good momentum right now. Wynn Resorts (WYNN, $60.40, up $13.90) kept the ball rolling by announcing good 3Q results despite lousy Las Vegas revenues. The company reported a profit of $51 million, or $0.49/ share, up from $45Read more

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Casino Stocks Make Big Moves

It was only a matter of time before the casino stocks got a lift. The sector has taken a beating as consumers continue to cut back on everything as the ongoing housing downturn, diminishing credit, rising food costs and recession worries continue. Gambling was taking a back seat to allRead more

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Casino Stocks Continue Slide

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