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MGM Resorts International Message Board

  • pumpers_blow pumpers_blow Nov 28, 2012 2:52 PM Flag

    It's all about DEBT

    That's the reason MGM can't post a profit or pay ANY dividend.

    It's also the reason that the market cap is so low.

    Debt kills!

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    • MGM is more than capable of servicing its debt. Read up and educate yourself. Of course debt can hinder any company but it is not crippling MGM. With significantly less debt and twice as much cash as CZR, analysts and fear mongers like to lump MGM with the likes of CZR. The comparison is night and day. But it doesn't stop people from trying to create a bad image of MGM. You are a total simpleton when talking about the problems facing MGM. There is a big difference between unsustainable debt and being able to service debt. MGM can and does service its debt.

      Sentiment: Strong Buy

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