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Caesars Entertainment Corporation Message Board

  • peterreily peterreily Nov 5, 2013 1:23 PM Flag

    CZR and CGP longs, i figurered it out

    i think i found the mistake, the people who love this long think you just add whatever the stock price is in CGP to CZR! you have no clue whats going on, you are somehow thinking that CZR just adds that extra $8.64 to its own stock price (the price of the rights offering) as soon as CGP goes to market!!! If thats true the options market is very wrong! hmmm nov 20-C offered at 15c as many as you want?? feel free to go buy 10K of those you will be very happy when your CZR stock is trading over $30 or whatever ridiculous amount you think it will get jacked to after the spin off! Those market makers at Susquehanna and Goldman Sachs obviously have no idea what they are doing and dont know what's coming in this one right? those calls should be $9.00 bid today!!! Dems4freedom, feel free to go invest your entire life savings into some upside calls in here.

    Sentiment: Strong Sell

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CZR
6.83-0.25(-3.53%)Apr 29 4:00 PMEDT