Recent merger sent this ponzi from 12$ to 33$ per share, but didn't let investors make profits from this merger. They not gonna love it. Also 2nd wave of corona will bring Casinos to next lows in my opinion.
um i'm not sure that is totally correct. ERI was $38. CZR was $12. ERI bought CZR, the new ticket is CZR ENTERTAINMENT. It is essentially ERI, not the old CZR.
@sh00t1ngf1sh, not sure how someone would miss this when researching. It was a Reverse Triangular M&A, ERI changed the name to CZR. OP's analysis is not correct.
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