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There are some very smart people buying this stock

Do your own research

Target. 12-15

Eldorado Resorts, Inc. (ERI)

-NasdaqGS

7.20
transparent-1093278.png
0.30(4.00%)
4:00PM EDT




 

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Earnings Monday. They should announce some updates on the financing package they have been working on . The stock has completely ignored any pullback in the market .

Great tech. Set up going into this report
 

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Yep, broke out from its base and looks higher short term. Tried to buy some more @ 7.25 and missed it

Waiting on some news regarding refinancing of some debt at real high rates, that will be a significant plus

Hearing stories also of being added to some major indexes to create more buying

short term targets the same
 

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Yes I have been looking into this myself
 

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950 K share block crossed @ 7.5


C added to a list of stocks that may be added to the Russell
 

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You guys have come up with some great picks. I held OPK for a double awhile back. Wish I had stayed in longer, but didn't want to get too greedy. I just saw this post now, and of course it's up almost $1/share already. I'm doing more homework now, but may buy at the open on Monday. Thanks, and keep the good ideas coming.
 

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Russel 2000 listing could be by the close this Friday . They are well over the market cap required as of today
 

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5:44 pm Eldorado Resorts and MGM Resorts (MGM) announce agreement for Eldorado to acquire MGM's 50% stake in Silver Legacy Resort Casino and assets of Circus Circus Reno for $72.4 mln in cash (ERI) : Co and MGM Resorts International (MGM) announce that they have entered into a definitive agreement for Eldorado to acquire MGM's 50 percent interest in the Silver Legacy Resort Casino Reno, as well as all of the assets of Circus Circus Reno, for total consideration of $72.5 million cash, subject to a working capital adjustment. In addition, ERI expects that it will repay amounts outstanding under the Silver Legacy credit facility, of which approximately $60 million was outstanding at March 31, 2015 on a net debt basis. ERI and its affiliates already own the other 50 percent interest in Silver Legacy. The acquisitions are not subject to a financing condition and the purchase price and repayment of the Silver Legacy credit facility are expected to be funded by Eldorado through cash on hand and future capital market or financing transactions. The transaction is expected to be completed by year-end 2015.
 

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moving out of the sideways consolidation, trying to kick out the high@ 8.76
 

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ImageProxy.mvc


COMPANY: ELDORADO RESORTS
TICKER : (ERI)



Current Short Interest - (Shares Short) --- 810,900 / Shares Short

Previous Short Interest - (Shares Short) ---
167,200 / Shares Short


Short Interest Difference ==> Up + 643,700
/ Shares Short

Percentage Increase --- Up + 385.00% percent



REFERENCE LINK:
http://goo.gl/0HPA2a
 

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earnings tomorrow


Should start rolling towards target soon 12-14 short term, 20 bucks before year end IMO

Chart looks great




Quarterly Earnings Data: ERI, Qtr. Ending Jun 2015
Earnings DateReport TimeWhisper NumberWall StreetActual
August 05 2015After Market Close$--$0.06$--
 

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shorts are boxed here as stock trades to new highs. After quiet period ends, should have some nice research to support much higher prices
 

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