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Bearish MACD for Ameristar Casinos – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/25964/Bearish+MACD+for+Ameristar+Casinos+-+Zacks+Tale+of+the+Tape
 Posted on Thursday, October 15th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Ameristar Casinos Inc.’s (ASCA) MACD indicator has entered into bearish territory with a reading of -0.0015. The Zacks #5 Rank (“Strong Sell) stock has declined slightly to $17.14 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings is currently pegged at $1.25 per share, which moved down by 2 cents over the past month.
“ASCA” Free Stock Analysis: Buy? Sell? Hold?
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