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Caesars Entertainment Corporation (CZR)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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51.60+0.58 (+1.14%)
At close: 04:00PM EDT
51.85 +0.25 (+0.48%)
After hours: 07:55PM EDT
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  • B
    Benjo
    I am done !!
  • J
    John
    Big gap up in CZR and the market today but if you think the worst is over and the bull rally is here you are mistaken lately these gaps have been sold off, shares have not been beaten down just covid bull investment money has been removed from an over inflated market built on sand during the pandemic. Take your gains and stack your cash until the worst is over.
  • a
    anthony
    this was over $100 six months ago, whoever's in charge should be voted out!
  • T
    Taiq
    Let’s go CZR , shorts got squeezed!
  • J
    John
    Can still see another 20% drop in CZR over the next couple of months. $20-$30 buy price.
  • J
    John
    The stock market dynamic has changed stocks are getting valued on risk and performance again. With interest rates rising the casino sector is high risk with the amount of debt they have. federal quantitative tightening starting June 1st and a potential recession looming on the horizon. We have not seen the bottom yet, it will hover in the 40s for a while before dropping again and then again. 6 months ago this was a $100 stock but everything else was also overvalued the feds pumping money into the stock market and retail investors also investing in the market will artificially inflate the market. Just look at the stock prices pre covid and then Dec 2021 (the height of the market) that will give you an idea how far yet the market will drop. This will be a $20-$30 stock before it gets better and rises again close your positions and then wait for the drop.
  • U
    Ultimate
    Saw a Caesar's "Diamond" rewards card next to a dumpster earlier this morning. Probably a foreshadow of what's to come with this stock. No one will have money to gamble as this economy hits the fan. It will be a slow and painful spiral back to Dow 25,000 and NASDAQ 7,500.
  • b
    bastocks
    DOW and NASDAQ up by hundreds and CZR down?!? Something’s not right in Vegas, folks!
  • R
    Reg
    Is CZR going bankrupt ?
    Seriously.
  • J
    John
    @bastocks The debt ratio, rising interest rates, federal quantitative tightening starting June 1st and a potential recession looming on the horizion. latest gains look like an upsurge in the middle of a larger decline. Market decline is not done yet could still drop another 27% by end of 2022 buy back in $20-$30.
  • B
    Barry
    Barry 66
    Instead of gambling on the stock, I should have gambled at CZRs. This is headed the way of the Roman Empire. Et tu, Brute?
  • J
    John
    @Michael They still have debt of $26.29 billion and Total Liabilities $33.23 billion. June 1st will be another leg down for casino stocks and stocks in general due to federal quantitative tightening. there will be knock on supply chain issues off the back of the Shanghai lock down which again will increase inflation. The feds have not ruled out 3 more rate increases either 0.75%, 1% then 1.25% which would highly likely cause a recession. You also have a new potential conflict with Russia, Finland and Sweden on the horizon. This will be a $20-$30 stock and eventually go back up when the US recovers and CZR start showing profits and reducing their debt liabilities but there is going to be more bad times ahead before the good. Close your positions and wait until the bottom and then buy back in.
  • b
    brian
    Time to BUY.
  • R
    Reg
    Maybe Caesars advertises on CNBC and parent company. That is how sleazy is CNBC.
  • R
    Roy
    Second trip to Caesars and won a ton of money again!
  • R
    Reg
    Should we go back to free parking ?
  • R
    Reg
    Mark. Can you be more specific about the free parking in back of Linq ?
    Thank you.
  • J
    John
    Until they lower the debt liabilities and start making a net profit this is a $20-$30 stock. It is a high risk stock with no dividend in this current market. Lets not forget that Caesars filed for bankruptcy in 2015. When ERI purchased Caesars they also purchased that debt liability.
  • j
    jc
    Vegas prices have gotten out of control. Not going back ever.
  • J
    John
    The casino sector may be bouncing back, having generated more revenue in 2021 than any other year in the industry’s history, But looking at CZR quarterly report they are not getting much of that market share and the same with the sports book market overall. FanDuel and DraftKings lead that market.