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MGM Resorts International Message Board

  • newjackcity1 newjackcity1 Sep 28, 2013 1:50 AM Flag

    Does anyone have a reasonable reason why MGM is trading so low?

    Everyone in the sector gets respect but MGM, they don't ever get respect!

    Sure they got respect this year but on a multi year chart we've been left out and for no good reason! Furthermore MGM is about to make serious profits and have serious growth so why are we not getting any real respect from the street? All these Analyst with the small upgrades to $23 and $26 big deal.....!!

    When is MGM going to get respect!?! Coati opens in 2016 it's almost 2014 and online gambling will fully be underway next year and Las Vegas is just ramping! Housing going up, jobs coming back = Mega Profits and Growth in Las Vegas for MGM, Macau is on Fire and will be for decades.

    We need a 30% gap up to start a run.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Shorts are so stupid my long friends. This week kicks off our real walk of justice.

      Sentiment: Strong Buy

    • do some reading of my posts and you will begin to understand..

      Summation: too much debt, severely dilutive equity issued since 2008, no serious gaming revs relative to footprint, casinos no one likes to play in, poor operating margins, destination for low margin tours and visitors, run down properties vs the elite WYNN and LVS properties, weak strategic position relative to best competitors in the high growth markets such as Macau/cotai and Manilla Bay... and so on.

      MPEL is the stock to own in the sector.

      • 2 Replies to squeezetracker
      • you are busted SFB's!! What is it like to have so many gerbils up your butt?? Why do you like it so much? And finally, who is your therapist? Are you in prison? On the run from the law? Are you a wal-mart greeter? Time to move on SFB's!

        Sentiment: Strong Buy

      • Debt isn't a problem at all and now is being paid down..... What if they pay more down next earnings". Oh no...... Could it be..... Could MGM continue to pay down debt every qtr..... Could those hotel room rates really increase 20% next year oh no..... Could it be so...... Could it be that almost every metric continues to improve and these about metrics are all about to jump..... Oh no....... Just keep shorting toomuchpleasure!

        Thanks for the good laughs mr Net Short since $10

        Sentiment: Strong Buy

 
MGM
22.45+0.75(+3.46%)Oct 21 4:01 PMEDT

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