Can someone explain to me why CZR went up 35% intraday over the NJ news?

Discussion in 'Stocks' started by kmgilroy89, Feb 8, 2013.

  1. I just don't understand how it was that big of a deal.
  2. Caesars/Harrahs has been itching to get into the online space for a decade.
  3. The float is like 2% of shares outstanding and there are lots of shorts.