SOLD half my shares today and SELLING the rest of my shares now in the $5.20's
LOOKS LIKE A TOP TO ME; and I am not tolerating this incompetent management another day.
BUT IT IS SO HARD TO SELL OUT WITHOUT CAUSING A LARGE DROP IN THE PPS
So all you cheerleaders thinking this management team is going to turn operations around, YOU ARE WRONG. The facilities are decaying from lack of proper investments.
And most of the properties are not destination resorts. The hotel facilities and other amenities are terrible.
Would you rather stay at Caesars or Ameristar properties than these run down Isle facilities?
Management rather spend the money buying the failing Vicksburg casino for Top dollar than operate like top notch casino operators.
No wonder they are having trouble on the revenue side, and attempts to make some profits will be at the expense of cutting costs and corners.