Investors considering a purchase of Global Cash Access Holdings Inc shares, but cautious about paying the going market price of $6.84/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $5 strike, which has a bid at the time of this writing of 20 cents.
Global Cash Access (GCA) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B.
Global Cash Access Holdings (GCA) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
Multimedia Games (MGAM) stock continues to rise after Global Cash Access (GCA) agreed to buy the company for $1.2 billion.