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Not sure this thing just keeps sinking.
Just a good loading opportunity
Right now futures are in the green, we will see if it holds. I suspect we will see some crazy stuff tomorrow and with the august 6th call announcement people might gain interest, but we will see. The only thing that is for certain is this market isn’t normal. Good luck this week and prepare for the worst hope for the best.
Yes, now I realize your concerns, 'K Dog'.
CZR
Cluster f is an understatement
Not sure. I saw a bunch of blogs with people saying to toss your money at the call and Longs because they never swapped over. I looked on RH Friday and they were right nothing swapped. My understanding is that this should be all fixed by Monday but the damage has been done. I doubt CZR takes responsibility for the mistake and I am not sure if it is their mistake. My only hope is that this whole situation taken care of by Monday and we can resume trading in it skyrockets upwards like it should have
Is this the sort of thing that the SEC is gonna have to get involved in?
Sounds like a cluster-f, I am not a bit surprised....CZR
Not sure if I believe this or not but thought I would share. Apparently this merger has been the stock blunder of the century and the brokers are all jacked up. When the switch went down they left the call puts shorts and longs in the system from the old czr symbol which has caused the huge drop. A couple of brokers at fidelity said they have there people working the whole weekend to fix the problem. Like I said not sure I believe it but thought I would share it. Some of the ERI stock hasn’t even been switched over.
Well there is a little hope in the next couple of weeks two to be exact
http://caesars.mediaroom.com/2020-07-24-Caesars-Entertainment-Inc-to-Report-2020-Second-Quarter-Results-on-August-6-2020
So what another crap day. Down another $2.82 today. So nuts. Never seen such a swing off a merger. I was luck to bounce out early and then bounce in at a lower PPS. I guess next week will be a new trading cycle with a week before the call. Wouldn’t shock me if we see $31 next week imho
Can we say Timber again? Thank goodness I sold earlier today and been buying slowly as the price has dropped. I am waiting for this craziness to stop and the stock to get traction. Volume is low again which leads me to believe we will see another jump in the end (volume at 4.1million right now)
The only way I see a hard rebound for this stock is on august 3, at the conference call, but even then I worry that the news will be off putting. They announced layoffs due to synergies and no one likes that.
Maybe, John was the smart one, dunno.
I don’t think it has done what anyone expected. It has been one of the biggest merger failures ever. At this rate we could see $33 today, which even ERI people haven’t seen in forever
It has not done, what I expected, so far.
Great news, poor response from the market. I may be leaving with John soon. This stock has under performed in my opinion and may be a lame duck for a while.
Bally's Las Vegas Now Open
https://newsfilter.io/a/2082080336affc4f8e68d02d9a1dce22
Was yesterday's news.....
Okay does anyone find it strange that the volume went from 11m at close to 28m in afterhours?
It appears to me like this stock is on a wild ride. From what I am gathering the stocks are being dumped during the day by MM and picked up at a lower PPS. The only conclusion is that they are keeping the stock low for a reason. Just my opinion though
Understandable.....gl
OUT ...
It was a fun ride.
Still in PENN and DKNG.
Hmmmm, I did like the ERI stock. :)
CZR, name may take awhile, dunno. Lol
Timber!!!!!
Need $36.50 to HOLD.
Oops
I did lighten up a little this a.m.
ERI, now CZR, was a $70 stock in feb., look at 1 yr. Chart....Eldorado Resorts, Inc. (ERI) Stock Price, Quote, History & News - Yahoo Finance
https://finance.yahoo.com/quote/ERI/
Support for the stock or support amongst each other?
I agree that the stock needs support right now. I feel like without some support soon CZR will lose traction.
As for support amongst each other. I call it as I see it. I am sorry if someone takes offense but I am not going to stop providing info or calling the stock for how it is.
Important that we find support here!!
Better volume with a dash of crazy
Ridiculous. Fidelity ... good!
What an emotional roller coaster of a day. Waiting to see if this stock recovers by 1700 PST. No news and from what I gather not all the stocks have transferred over which is weird.
I did my DD, I try to not overthink things. But, I am buy an hold on CZR. Less stress, for me. GL
I like the positive thinking but many of us are watching this and not sure what is going on. Volume is low. Price is down market is flat. No marketing of the merger. It is almost like they went radio silent since they are not trying to bring new investors. The stock is volatile. Unless this kicks off by Friday, I say many people walk. And move onto investments that are more lucrative and willing to keep everyone updated. The only light I see may come first week in August during the call.
"Hail CAESAR'S", CZR, Caesars Entertainment , let's go to $60+ to begin ....:)
My came through. I only had 100 shares there though. Robbinhood has already completed the transfer. This stock right now is nuts.
I have CZR with E- Trade. It still has not "updated" . still showing number. Anyone else having this problem
Oh, well I am stock only, bought ERI
under/near $20's, during virus-crisis.
CZR/ERI
When it hit's $60, I will sell 1/3rd, then ride free shares.
Actually, it was unreal, I had a large amount of bonds in retirement acct , sold them, went in on
Depressed, good quality stocks, I have to pinch
Myself, watching the $gains. :)
I wish I could say the same. I can only keep this up for so long. I was hoping to see at least $45. Margin calls will come soon if it keeps dipping. It will also lose investors if something big doesn’t happen soon. Volume looks low again estimates for this stock should be between 10 and 15 million a day. I hope it turns around, but I don’t see any new developments until around 8/5
I am long term on this one CZR, so I will not worry that much, day to day. Just, an interesting merge/scenario.
Not sure. The morning dip scared off a lot of people. Stock is very unstable right now. I wish there could be some stability. ERI at least was predictable.
Could be different today. :)
CZR
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