Options Market is telling me $12 Handle is possible tomorrow if not next week.
Jobs # could make the market move up as well. Is anyone shocked about today because I'm not at all.... Serious. We are still trading under it's book value, depressed valuation of the book value and we are still trading at a discount to everyone of it's competitors including CZR..... Doesn't make sense. Most of it's peers are trading at such premiums to them is crazy for company that has be B plus credit compared to CZR.
Under $12 is a joke at this point even with the cliff going off.