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Tue, November 15, 2016

ERI, Expected to Trade Higher After Bullish Insider Trading


Published on 2016-11-15 04:46:26 - WOPRAI
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November 15, 2016 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. Eldorado Resorts Inc. (NASDAQ:ERI) are all expected to go Higher as Buy signals have been generated by top insider trading patterns. The most important data elements considered when performing insider analysis are: Insiders Track Record - An insiders track record is best summarized by the Insider Score which ranges from 1 (least predictive) to 100 (most predictive) based on prior trading performance. In addition, the actual returns following the insiders prior trades are included to determine the potential magnitude of future returns. Insiders Role - Trades by higher-level insiders are generally more predictive than trades by lower level insiders. Higher-level insiders to include Chairman (CB), Chief Executive Officer (CEO), President (P), Chief Financial Officer (CFO), and Vice Chairman (VC).

The chart below displays the stocks expected to go Higher along with the insider name, position, predictive insider score, 6 month expected return and number of trading decisions included in the score.

  Symbol  Company Name                     Insider Name                     Role     Shares      Insider Score  Avg 6 Month Return  # of Dec. 
  ERI     Eldorado Resorts Inc.            Pegram, Michael E                D        5,000       77             50.2%               3         
The insider buying report presents recent insider purchases, reported on Forms 3, 4, and 5 filed with the SEC. The transactions are aggregated to a 'decision' level which simplifies the data analysis. A decision is a grouping of buying or selling by an individual at the specified company.

Eldorado Resorts Inc. (NASDAQ:ERI) - Eldorado Resorts, Inc., a gaming and hospitality company, owns and operates gaming facilities in Ohio, Louisiana, Nevada, Pennsylvania, and West Virginia. It owns and operates Eldorado Resort Casino Reno, a 814-room hotel, casino and entertainment facility located in downtown Reno, Nevada; Silver Legacy Resort Casino, a 1,711-room themed hotel and casino located adjacent to Eldorado Reno and Circus Reno; and Circus Circus Reno, a 1,571-room hotel-casino and entertainment complex connected via a skywalk to Eldorado Reno and Silver Legacy. The company also owns and operates Eldorado Resort Casino Shreveport, a 403-room, all suite art deco-style hotel and tri-level riverboat dockside casino situated on the Red River in Shreveport, Louisiana; Mountaineer Casino, Racetrack & Resort, a 354-room resort with a casino and live thoroughbred horse racing located on the Ohio River at the northern tip of West Virginia s northwestern panhandle; Presque Isle Downs & Casino, a casino and live thoroughbred horse racing facility with slot machines, table games, and poker located in Erie, Pennsylvania; and Eldorado Gaming Scioto Downs, a modern racino offering approximately 2,140 video lottery terminals (VLT) located in Columbus, Ohio. As of December 31, 2015, it owned and operated approximately 486,600 square feet of casino space with 10,300 slot machines and VLTs, 300 table and poker games, 45 restaurants, and 4,900 hotel rooms. Eldorado Resorts, Inc. was founded in 1973 and is based in Reno, Nevada..

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