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Gambling stocks update: GVC and Thomas Cook

By Chris Bailey | Thursday 16 May 2019

Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Like the complete investment sad-o that I am, I will be listening into today's GVC Holdings (GVC) capital markets day. You will recall I made the stock one of my two tips of the year and then the Chair and CEO stupidly dumped a bunch of stock which nobbled the share price. As discussed HERE, I decided to remain a believer and channelled my inner Peter Lynch in deciding that they were foolish but not rotten as the only real guide to director views is buying more stock with cold hard cash. Well the shares have recovered a little since and judging by the tone of today's pre-capital markets day blurb, life remains opportunistic…

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