Do NOT buy MGM. Just look at the charts. MGM is a proven long-term loser, and only makes money for insiders and HFT. James Murren, the CEO of MGM is limp or impotent...you choose. The guy with the bigger #$%$ is Adelson, who has PROVEN that Las Vegas Sands can make money for shareholders. Murren is a loser who will eventually be ousted for incompetence.
Don't believe me? Go ask MGM shareholders how #$%$ they are. And then go ask LVS shareholders how they happy they are. LVS is being investigated for corruption, but they will find a way to settle this with minimal impact to stock. DO NOT THINK THAT MONEY WILL FLOW TO MGM!!! Why would winners go to a loser??