letswastemoney |
05-19-2020 01:52 PM |
CNTY - What are the odds it reaches $10?
I'm a bit new to stocks. Anyways, I own 100 shares of Century Casinos (CNTY) at $3.92. They operate the great Mountaineer Racetrack and Casino under lease from Vici Properties. Also, they own Century Mile.
Besides casino racetracks, they own other casinos in Colorado, Missouri, Canada and eight casinos in Poland (which I heard all just opened over there).
What are the odds the price can reach $10?
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Valuist |
05-19-2020 04:21 PM |
Quote:
Originally Posted by letswastemoney
(Post 2604897)
I'm a bit new to stocks. Anyways, I own 100 shares of Century Casinos (CNTY) at $3.92. They operate the great Mountaineer Racetrack and Casino under lease from Vici Properties. Also, they own Century Mile.
Besides casino racetracks, they own other casinos in Colorado, Missouri, Canada and eight casinos in Poland (which I heard all just opened over there).
What are the odds the price can reach $10?
|
In the next year, I'd say 50/1 against.
Is there some reason for possible optimism?
|
Quote:
Originally Posted by Valuist
(Post 2604948)
In the next year, I'd say 50/1 against.
Is there some reason for possible optimism?
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Some today
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FakeNameChanged |
05-19-2020 08:59 PM |
Quote:
Originally Posted by letswastemoney
(Post 2604897)
I'm a bit new to stocks. Anyways, I own 100 shares of Century Casinos (CNTY) at $3.92. They operate the great Mountaineer Racetrack and Casino under lease from Vici Properties. Also, they own Century Mile.
Besides casino racetracks, they own other casinos in Colorado, Missouri, Canada and eight casinos in Poland (which I heard all just opened over there).
What are the odds the price can reach $10?
|
Okay, short term, I see target of 5.65, with resistance in the 6's. After that, 9.66 is a bullish target, BUT here's a kicker. They have monstrous insider transactions showing a favorable 266%. So I'd say your 10.00 target has a 60/40 chance.
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letswastemoney |
05-20-2020 12:53 AM |
Quote:
Originally Posted by Valuist
(Post 2604948)
In the next year, I'd say 50/1 against.
Is there some reason for possible optimism?
|
They traded in the mid $9 range last year. With Mountaineer starting up again this summer and their casino properties opening up as well, I just don't think it's possible they stay at $4.
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FakeNameChanged |
05-21-2020 03:14 PM |
Quote:
Originally Posted by letswastemoney
(Post 2604897)
I'm a bit new to stocks. Anyways, I own 100 shares of Century Casinos (CNTY) at $3.92. They operate the great Mountaineer Racetrack and Casino under lease from Vici Properties. Also, they own Century Mile.
Besides casino racetracks, they own other casinos in Colorado, Missouri, Canada and eight casinos in Poland (which I heard all just opened over there).
What are the odds the price can reach $10?
|
Up a whopping 21% today. We need more of your participation on this topic. Casinos/racetracks all doing pretty well. Penn up 7% today also, and almost 70% in a little over a week.
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