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MGM Resorts International Message Board

  • bear_cubster bear_cubster Apr 3, 2013 11:05 PM Flag

    Spent Last Week at Mandalay Bay, Las Vegas looking up...

    I went to Las Vegas and spent a week at Mandalay Bay (One of MGM Resorts nicer properties). It was great. The last time I went to Vegas was in 2010 and back then you could tell Vegas was struggling. However, this time it was bustling with business, Saturday Night (before Easter) the strip was super-packed. I have never seen it like that before and I have been to Vegas many times. MGM looks cheap here, I mean they easily dominate Vegas and have many of the best Vegas properties (Mandalay Bay, Aria, MGM, Luxor, Excalibur, Monte Carlo, Mirage, Bellagio, New York New York, and others) plus properties in other locations as well. Shares seem cheap to me (especially compared to LVS and WYNN), so I picked up some and will buy more if it dips any lower. Things seem to be looking up for MGM, IMHO...

    Sentiment: Strong Buy

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