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Boyd Gaming Corporation Message Board

  • eddyfamilyemail eddyfamilyemail Jan 18, 2013 8:10 PM Flag

    Starting a position slowly

    Been buying up slowly using the daily patterns to day trade and using that $$ to buy the stock long term. I follow all the stocks Paulson owns and have been deciding on an angle to the online gambling buZZ. So count me in as I"m in at 6.65 average. Due your DD

    I believe its a strong buy under 7 and we need to break that 7. resistance to push forward back towards 10. But without big news this will wain in the 7 buck range. So this is more a long term hold which Paulson is good for. The up and down pattern shows realty to the over 100% owned. For those that don't do good DD that means that Mutual Funds/Market Managers/Hedge funds own this stock and have been slowly shorting while buying on the other end. Or the same guys that own it short it to buy more lower than let it run up. So they are buying more which also means its a Strong buy here. This is my only gambling stock I own ATM. I still remember buying MGM at 2 and riding it up to 12. No 6 bagger here but small gains that have big guys attention get my attention maybe they see a bigger fish under the free cash flow. So as I said not gonna do all your research for you but I'm in for the long term here adding slowly as the big guys play tug o war on this one.

    Strong buy under 7 hold after that till real news materialize.

    Sentiment: Strong Buy

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