may fortell if stock peaked at 19.xx or is the breakout making 20 the floor.
Just wondering if short covering is pushing IGT higher and for how many more days.
Held IGT since 2008 at 30s, and averaged down in low teens.
No pain, no gain (sometimes) or just my bad timing.
IGT short ratio is less than 3% (7/260=2.7%).
BYI short ratio was about 18%.
Nevertheless, better economy implies more jobs, more entertaining money to play IGT machines.
Revenue, EPS should follow, replacement machines finally will occur.
Conservative IGT price projection 22 to 25 before 12/31/13.