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ASCA - Shares of Ameristar Casinos Under Pressure,

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Bob22701   Saturday, 01/21/12 04:46:18 AM
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ASCA - Shares of Ameristar Casinos Under Pressure, Down 1.4%
17 hours 31 minutes ago - Financial News Network Online - Market Movers via Comtex
Ameristar Casinos (NASDAQ:ASCA) is a company whose shares are active, trading 1.4% lower to $20.29. The Dow Jones Industrial Average is now trading 0.4% higher to 12,678 and the S&P is trading 0.3% lower to 1,311.

There is potential upside of 21.1% for shares of Ameristar Casinos based on a current price of $20.29 and an average consensus analyst price target of $24.57. The stock should find initial support at its 200-day moving average (MA) of $19.53 and further support at its 50-day MA of $17.89.

Ameristar Casinos, Inc. is a multi-jurisdictional gaming company that owns and operates casinos and related hotel, food and beverage, entertainment, and other facilities. The Company's properties are located in Nevada, Mississippi, and Iowa.

Ameristar Casinos share prices have moved between a 52-week high of $24.50 and a 52-week low of $14.60 and are now trading 39% above that low price at $20.29 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

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GLTA
Bob

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