All casino stocks near 52 week lows...not good for IGT
Already given, bad earnings into 2009 through September quarter. Casino stocks not bringing in customers. Therefore, few products offered by IGT.However, IGT diversified with Indian casino sites, if that is any consolidation holding up its shares? (MGM and LVS 90% losers from all time highs.)Also blame high oil prices, less airlines into LV, bad economy, housing issues, just to name a few areas affecting IGT lower earnings.Will wait a couple of years, dollar-cost average, pray for higher stock price, or roll the dice and IGT go out of business with a $0 stock price.
A buying opportunity of a lifetime, just not yet.