Thu, Mar 5, 2015, 2:07 AM EST - U.S. Markets open in 7 hrs 23 mins


% | $
Quotes you view appear here for quick access.

MGM Resorts International Message Board

  • toomuchpleasure toomuchpleasure Dec 3, 2012 11:42 AM Flag

    MGM stock can have major troubles, given big debt

    I sometimes fail and stoop to the level of my detractors when defending my self. However, I am respectful to those who politely make a case for being long. I only want people to be aware of what they are getting into.

    MGM can truly become a very troubled stock if things don't go exactly as they need them to go and lately things have been a little challenging when you look at their news. I also believe that broad economic challenges are going to impair the American consumer of all things Vegas.

    I wish the best for all and encourage you to be very cautious with this stock.
    1 Peter 3:14

    But even if you should suffer for righteousness' sake, you will be blessed. Have no fear of them, nor be troubled,

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • MGM might do very well at some point in the future but MGM might do very poorly first.

      The question is, do you want to buy a small piece and forget about it for a big payoff in the long term (some risk) or are you looking for a big payoff in the short term/mid (high risk).

      Just because MGM has been to 12, 13, 14, 15 16 and even 17 in AH a couple years ago, and a lot of the longs here have been holding since way back then, it doesn't mean that MGM is going to go back there before it goes much, much lower. Not to mention the other opportunities you may have in the short run. Apple has more than doubled in the time that MGM has fallen by 40% or more! Sitting on a dead stock costs a lot of money, be aware of this. Payoffs can be huge in the long run but as of yet we have yet to see compelling reasons that this stock should be anything over what it is right now at $10.

    • Mgm is a spec play and should not be invested in heavily.

    • Mgm doesn't have the luxury of time enough to wait for Macau expansion. There are three years minimum of real threats to its revenue streams.

22.08+0.06(+0.27%)Mar 4 4:00 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.