A guy I know who is a great stock trader has held CZR for the last few weeks expecting a buyout. I just don't see it. Somehow their sales doubled last year. Did they buy some one huge? Their interest expense also doubled last year. According to Finviz, they made $1.38 per share last year but are projected to lose $.13 this year. The biggest problem is their debt - it is 6 times their total equity. According to stories the guy interested in them is the owner of the Golden Nugget. But again that sounds like the fish swallowing the whale.
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