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Huge short interest.
Probably a good idea to wait n watch...GLTU
Holly cow I'll do more reading, thanks for clarifying, I'll wait till the Q then if it ever happens
When CACQ first came out I questioned why they used a Q in they symbol...they wiping out of the shares could be intentional, yet they would never admit to it. CZR is one that has the issues is my understanding, yet I could be wrong.
Distressed stocks never seem to perform as we expect, yet, I am long both and looking to reenter today sometime...we will see.
If CACQ goes into BK, I wonder what the symbol would be...CACQQ? or keep it the way it is...confusing plays.
This could be true, but there is a big difference between GGP AND CACQ. GGP had a long history of stock trading prior to it filing for bankruptcy, I would understand if a company like that wants to keep its reputation and keep its loyal stock traders. CACQ has been trading stocks since 2012, if I was the CEO I would cancel all the shares. What do you think detearing?
Added around $11...CACQ
Upside is capped czr has the right to buy it back at 17$ read the offering..
$19.35 up 9%
$19.18 CZR 8.17% pop...
No news....last news a few days ago was media blasting restructuring was eminent...lol
What a joke, the manipulation on this stock in the worst one in my portfolio...the games people play to get retail to sell...makes me wonder in the two big holders are responsible...
Wow...great AH news...South Korea preliminary approval for first casino.
Got in at $8.64 and it reminds me of a company I own that is currently around $150...did a shakeout on me, but held.
Interesting cause they use Q in the name, which scared me off at first but still pulled the trigger...CZR is a great brand and this somehow is taking some casino's and all the online gaming, which has huge upside...exciting potential...could move like Sands...real fast when it hits $20's.
Verrrrrrry interesting company here :)
Glad I stumbled upon it
I think CACQ has potential that CZR may not have...from my understanding there are things to be gained by doing this process...
I will try to expound later...
Can you elaborate? Do you see czr becoming cacq by selling away assets to the cacq subsidiary and eliminating the company of debt?
$14.35 CACQ - this reminds me of Howard Hughs Corp which I got when GGWPQ turned into General Growth Properties...GG#.
This could help negotiate or eliminate union powers of Caesars...
Now would that not be sumthin' if this went to $125...I have see stranger...
$14.34 CACQ UP BIG TODAY...SO GLAD I DID NOT SELL ON THE MEDIA BLITZ REGARDING RUMORED RESTRUCTURING BY A "reliable source".
Amazing how CZR and this pops after such news...bears never eat crow...sure they got a few clicks, but the authors have no shame.
I may be only long from Ihub here. I got in on CZR stock offering at $8.64. So not selling this. Rather I am looking to add on this recent pullback. I own all major casino stocks...
Anyone here? I am looking to jump in soon. It seems like this has nearly all of the upside and little risk/downside compared to the other leisure stocks out there. Any thoughts?
Up 6.8% CACQ
This stock will surprise many, it did me...glad I bought at $8.64 my full boat...
$11.99 CACQ just chuggin' along...
Britney news was on GMA..making her Las Vegas debut...great exposure for both CACQ CZR.
Love the fact l got all my shares at $8.64.
Up over 3% to $12.14 NICE!
I like the ferris wheel they are constructing...saw it first hand...and it is a dandy!
Caesars Casino on Facebook Says Merry Christmas and Grinches Players Out Of Billions of Chips
FACEBOOK, Dec. 11, 2013 -- Early in the morning on Dec. 10, 2013, Caesars Casino on Facebook changed their homepage graphics to a Christmas scene and started playing "We Wish You A Merry Christmas" on the app home page. Caesars on Facebook sells chips but like Zynga games, there's no way to cash out. But many people buy chips for the excitement of being a high roller, even if it's just for fun.
Caesars features continuous slot tournaments with prizes for the top players. There's no entry fee and a percentage of the chips spent goes in the jackpot which keep rising until the end. Previously, 1 billion chips was the maximum prize. But lo and behold, on this Christmas morning (albeit very early) the jackpots on the contests were 5 billion, 10 billion, all the way to 81 billion chips! A magical Christmas gift indeed! Players went crazy, playing high stakes and long hours to win massive jackpots. The billion chip contests continued for 12 hours, from 4am to 4pm Pacific. An amazing day and Caesars showed remarkable holiday spirit.
Until this morning. Players were greeted with 90% or more of their chips having vanished. A few hours later, Caesars posted a message on their https://www.facebook.com/CaesarsCasino page:
---Contest Payout Discrepancy---
On 10th December 2013, between 4am & 4pm PST, contests winners were mistakenly paid 100 times more Coins than their actual prize. We are very sorry for this error and for any misunderstanding this may have caused.
To maintain the rules of contest fairness, the accounts of the prize winners will be updated with their correct prize amount. Due to this glitch we are also adding an additional 50% compensation to your contest win.
We sincerely apologize for this error to anyone who has been effected [sic]. Thank you for your understanding.
—Caesars Casino—
Immediately players began responding to the extraordinary step of just taking billions of chips out of their accounts. Instead of considering the damage to their reputation with paying players, instead the moderators began deleting comments responding to the announcement with a fever. After hundreds of comments were posted and deleted, Caesars deleted the original post and all comments and reposted with the misspelled "effected" corrected. They continue to delete comments.
Caesars is wrong on many levels. Most importantly, the contests paid exactly what they said they would pay. Many players bought chips to play in the tournaments, which had all the prizes clearly marked like this:
This wasn't a fast accident, it went on for 12 hours. Players competed for these huge prizes because that's what they said the prizes were. Winners were greeted with winning messages and the chips were deposited.
Example comments posted as replies to the ---Contest Payout Discrepancy--- posting:
Richard Anderson -- The payouts were not a "mistake". They were listed as a prize, and we played to win the listed prizes. We even bought tokens in order to win the larger prizes. And when we won, the prizes were added to our accounts. But today you just yanked the tokens out of our accounts. I went from 2.7 Billion to less than 13 Million, having paid REAL MONEY to purchase more tokens than that! When you accepted my money in exchange for tokens used to play in a contest, you accepted a contract. By retroactively changing the payouts, you breached that contract.
James Rowan -- I won BIG yesterday,I also spent time playing that I would not of if it not been for Caesars advertised winnings.They taketh away 3.5 Billion points and many hours of play.This is FRAUD.
Samantha A. Christian -- Plus there were no "mistaken payouts". The tournaments were listed as 1b - 400b (the 2 hour one). It paid out EXACTLY how it was listed and EXACTLY how it was described on the website. So it is not like the tournament was listed as 1m-400m and paid out 100X what was said. NOPE! It paid out exactly what was listed and described. This means all payouts were legitimate.
Alvin Taylor -- I played last night and played hard because I thoiught it was a gimmick to get more people to play . they took 2 and a half billion from me. Won't play this again . Will go to another sight. Who ever is in charge of this site , shame on you. You make the mistake and I pay. Wouldn't have play this much if it was regular plays. I agree that this is how the grinch stole christmas.
Caesars has handled this poorly. If they can simply change the rules and take away winnings, what will this mean for paying customers? Caesars needs to do the right thing and return players' winnings or risk ruining their online reputation, which the company is banking on to help mitigate their serious debt problems.
"We Wish You A Merry Christmas" continues playing on the homepage. https://apps.facebook.com/caesars/
Yes l started this board...just remembered as I have over 50 stocks. I fully loaded CACQ from $8.64 and got a surprise with a nice profit day one and still holding.
Casino sector poised to recover with baby boomers needing a place to hang out...be cool ya know.
Who started this board, that you detearing?
Recovering nicely so far considering initial sell offs usually last longer.
Caesars Interactive Entertainment Launches Three Online Casino Websites for New Jersey Residents & Visitors
Date : 11/21/2013 @ 1:00PM
Source : PR Newswire (US)
Stock : Caesars Acquisition Company - Class A (MM) (CACQ)
Quote : 10.75 0.14 (1.32%) @ 8:10PM
Caesars Interactive Entertainment Launches Three Online Casino Websites for New Jersey Residents & Visitors
Print
Alert
Caesars Acquisition Company - Class A (MM) (NASDAQ:CACQ)
http://ih.advfn.com/p.php?pid=nmona&article=60125989
ATLANTIC CITY, N.J., Nov. 21, 2013 /PRNewswire/ -- On June 26, 1979, Caesars Atlantic City first opened its doors. Now 34 years later, a new era of gaming in New Jersey begins, as three online real-money gaming offerings under the Caesars umbrella begin entertaining New Jersey residents and visitors.
(caption: Take a Spin at the Virtual Tables on CaesarsCasino.com -- New Jersey residents and visitors to the Garden State can now play real money casino games online. (PRNewsFoto/Caesars Interactive Entertainment)
source: CAESARS INTERACTIVE ENT.
media contact info: Seth Palansky, Caesars Interactive Entertainment, Inc. (CIE) Vice President, Corporate Communications, spalansky@caesars.com, +1-702-407-6344.
tags: ENTERTAINMENT, Gambling & Casinos)
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