Funds managed by Mario Gabelli's Gamco Investors (GBL) reported ownership of 3,025,200 shares (5.04%), after buying 1,599,760 from Oct. 8 to Dec. 3, at prices ranging from $2.85 to $6.59 apiece.

11.4

Pinnacle Entertainment (PNK) was upgraded from Market-weight to Overweight, Thomas Weisel said. $25 price target. Stock is down 25% on the year, and the market is assigning little to no value to the company's pipeline projects.

Direct pin action after the buyout of Penn National Gaming on Friday for $67 a share on friday. This stock has a very similar footprint to Penn National in the United States. Even if they don't get bought out, a private equity buyout of any other casino in the sector will send the shares higher. Friday the shares closed up more than 7%.

Downgraded by Matrix Research from Buy to Hold

+571.87%

Its properties include Belterra Casino Resort in southeastern Indiana; Boomtown Reno in Nevada; Boomtown Bossier City, Boomtown New Orleans, and L’Auberge du Lac in Louisiana; Casino Magic, Argentina; and Embassy Suites Hotel, St. Louis. In addition, the company operates casinos in Argentina and the Bahamas; two card clubs in southern California; two casino boats; and a hotel in Missouri. Pinnacle Entertainment was founded as Hollywood Park Turf Club in 1935 and changed its name to Hollywood Park Realty Enterprises, Inc. in 1981. It changed its name to Hollywood Park, Inc. in 1992 and to and Pinnacle Entertainment, Inc. in 2000. The company is based in Las Vegas, Nevada.