PNK - Has had some growth on revenue and income - large capital outflows to reduce debt - very high debt to assets despite most recent drawdown to lower retire debt - based on information presented on google finance.
Technically - strong buyside activity pushing stock prices into previous high establish back in early 2007. Most recent activity shows gap-up - strong evidence of rush to acquire stock. The strength of the rally combined with gaps may provide excellent area of entry to enter long into stock as there has been real selling occurring. Despite meandering in equity indexes - PNK has inched higher currently chipping at the remaining sellers from the 2007 price highs - could provide some short term shorting opportunities.
Currently eyeing $30-$31.5 as support to enter long positions due impulsive upward move from this price level.