they are pretty awful when it comes to protecting shareholder value. i keep telling myself that i need to think long term (2 years) to see the true value of this unlocked, however seeing it trade down at these levels is extremely discouraging!!!!
there is very light trading on this stock. unlike most other companies in this price range CNTY has lots of material value. Casinos generally are licenses to print money. the economy is down right now, but the value of this stock remains.
you are right and i am just being impatient. i did expect a little better tone in this stock due to the penn gaming news and the special dividend out of lvs. i guess this one is far too under the radar for anyone to notice. there are a lot of days the entire days volume in this stock is less than my total shares. i figure fair value around 4 bucks being very conservative. i can wait a few years for a 48% return. good luck to you.