Which will you choose ? Going to the casino or heading to the pharmacy or supermarket?
Casino is at best a leisure activity where people go to have fun, make or lose money in the casino ,etc. But when the situation is like now - chaos and uncertainty over the coronavirus, the casino is likely to see lesser and lesser visitors.
Where is the fun in gambling or at the jackpot machine if you are the only person there ? The ambience is important and at times like this, people would rather stay at home to be safe.
Thus, casino stocks will continue to be sell down, imo.
Casino is at best a leisure activity where people go to have fun, make or lose money in the casino ,etc. But when the situation is like now - chaos and uncertainty over the coronavirus, the casino is likely to see lesser and lesser visitors.
Where is the fun in gambling or at the jackpot machine if you are the only person there ? The ambience is important and at times like this, people would rather stay at home to be safe.
Thus, casino stocks will continue to be sell down, imo.
Comment:
hope you guys took the pullback as a short opportunity. congrats to those who shorted this!
Comment:
beautiful isn't it ? now it has breached the support line. Now, we are expecting it to revisit the next level at 12. Remember to take partial profits.
Comment:
All shorts should cease fire. I see a double bottom forming , signalling a potential reversal.