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MGM Resorts International Message Board

  • iovestocksinvesttts iovestocksinvesttts Mar 14, 2013 3:28 PM Flag

    Most of you don't get it. Some think that

    Some think this will create the bottom
    Some think this is good news
    Some think this is no big deal
    Some think the stock is too high
    Some think the stock is too low.

    None of this matter what any of you think. If you know the history of Mr KK you would understand MGM is his legacy... he's loves this company and this motion today is shows he will make attempt to take MGM private regardless if you think it's over value or undervalued, etc. They attempt will be made just like BBY or DELL and in both outcomes this stock will have a much bigger move in the coming day, days and weeks.

    With Rates these low and MGM rates as high as they are, KK can buy this for pennies on the dollar and sell parts, break it up and refi it much lower and make Billions. The pennies on the dollar worst case will be $18 per share.

    MGM will be going up and I remember when he gave billions to save the company at $7 over 5 years ago and to think his value hasn't gone up much compared to the market and environment. I will be in shock if we are not above $20 within 60 days.

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