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This is going to be a rocky up and down day.
So a couple of things. The old czr stock was good to hold. Talked to several investors and they were all advised to hold the stock if they could because target price is around $60 a share. As for the reason this has not just shot off out of the bottle is because old czr shareholders all haven’t been converted yet. The volume is nice but tomorrow should be better I hope anyways. They plan to announce on august 4 through the 8. At which time we should hear some really good things.
Time to see if this thing exposes like everyone said it would. All stocks have been transitioned, new website up, and now all we need is some action and marketing.
Well gang, robbinhood just put the stock as untradeable. Stocks look to be merging real soon. I guess we can say GAME ON!!! good luck everyone!
Anyone notice if you go to ERI IR page it takes you to ceasers PTE now??? I wonder if this is foreshadowing?
Has anyone found any news on when they will merge the two stocks h set the new ticker
Are these within the next 12 months
You would have though that would have happened today or tomorrow. If the action doesn’t happen soon people are going to fly out of here
I thought we would at least hear something today. Don’t they have to freeze the stocks and transfer over? That take two to three days.
Do we know when yet the new ticker is in?
Any clue what is going on with stock would be supper helpful considering it got the news of the century Friday and continues to dive?
https://www.sec.gov/ix?doc=/Archives/edgar/data/1590895/000119312520194828/d941134d8k.htm
Sec Filings have been completed so everything is official. It wouldn’t shock me if they tried freezing all ERI and CZR stock tomorrow or Tuesday. Completed merge by end of week.
On a positive note ERI has been highlighted big time in the news so there should be some massive attention tomorrow. If you listen to the interview it sounds like they are completing the deal tomorrow as well. This should be a wild week for sure. Hold on tight it will with skyrocket or fall completely flat. The shorts are all gone which is a big help because there was a tone!
Never mind found it. He says merger closes Monday.
Where is the ceo interview
So my take on this is that shorts today needed to be covered. I would suspect that we will see a flood of new investors come in as soon as the two stock merge sometime next week. Would not shock me if this gets into the $50 range in my opinion.
Anyone want to take an educated guess at what the stock may soar to?
Yeah but the stock isn’t reflecting the news.
Watching the video they said it was good. Did I miss something?
NJ approved!!!
At this point it may be. Yeah the meeting is delayed and I got a gut feeling something is happening behind the scenes. Not sure if it is a good thing or a bad one but the stock price is reflecting the anxiety
Shorts are killing the market
Well the shorts hit the market today. This is almost to perfect of timing for ERI. This means CZR is low and they can do the swap, if the merger is approved.
Feels like it. Some of the questions are off the wall. I almost feel like ERI is in trial for its life sometimes. Rumor has it though that if it is passed we could see a freeze on ERI and a combined stock by Wednesday
1000 est tomorrow we will have a decision by NJ
Held off another day!!! WTF!
The doctor the got on who does competitive analysis is wicked smart. He is knocking these questions down like I knock down tocos. It almost feels like there may not be an answer today though.
Watching the testimonies right now. This is over kill by NJ compared to NV, IN, IHRC. I am not sure where they are going with this.
No I watched it that’s why I am confused. The feed cut and said they Adjourned for the rest of the day. I thought they were supposed to have a decision by today. Did I miss something
It looks like NJ is recessing until tomorrow. I thought they would have an answer today. Am I understanding that rightz
I wonder if there will be some sad people they pull this off before the shorts hit
Yes, on right now go to the casino control board site.
After hours has this thing ready to explode. I though we may see another dip for tomorrow’s cycle for NJ, but who ever it was has set this think to take off and bought up all the stock they could in after hours
So I also own stock in Caesars I got an email today to either elect stock or cash. I have a deadline of the 16th. From what I have researched, the soonest we could see something is the 20th. Now I will say this that there was a large amount of people shorting the stock on the 17th. We may see a fast rise, crash and then the merge. Just my opinion of course and I have nowhere near the experience many people on here do, but I am betting we see some extreme volatility over the next week.
NJ is Wednesday. I hope for a run. If I am reading the trends right there is usually a dip before the meeting, but this time may be different since NJ has publicly said they are not opposed to the deal. Indiana was the big one. Everyone thought the racing was going to cause them to get rid of the tracks but if u watched the meeting they were all wowed by the ERI team.
This stock makes no sense. Great news stock falls. The only think I can think of is that they are tanking the stock so people can make grabs then they will let it go.