He's still holding, hasn't sold a share has he you fear pumper.
We basically went down on it.... BYD, CZR, everyone else was up nicely today.
What's going on? We are trading like we are going out of business.
MGM or CZR. I like MGM because of Bwin running it.
MGM should get a good move up soon I would think.
Hey, you go and pray to your gods that it won't happen but I bet my it does happen this year.
Sentiment: Strong Buy
News for 'MGM' - (DJ MGM Resorts CEO Says First Quarter Strong So Far, Expects Industrywide Las Vegas Improvement -Fox Business)
MGM Resorts International (MGM) Chief Executive Jim Murren said in a Fox Business Network interview that the company has had a good first quarter so far, with an "unbelievably strong" Super Bowl weekend and a "great" Chinese New Year period.
Earlier Wednesday, the company reported fourth-quarter revenue of $2.29 billion, virtually flat with the year-earlier period, and posted a $1.22 billion loss amid several one-time charges.
Mr. Murren told Fox Business he expects "profits will be up in Las Vegas for everybody," and predicts MGM will "do better than most given our dominant position."
Mr. Murren said the economy is now "firmly underway with growth."
And they call this a free market....Now this is funny.
low $12's then $20's later this year
$12.50's $12.40 is coming today or this week, look at how the stock is being pushed down.
It's a lock
We should head to the $14 level with a solid er call.
Well, now we know why MGM was sitting on so much cash..... This was well pre planned.
We do for a squeeze already. I would of thought we could get a better valuation already.. Pretty low at this point. I will tuck my shares in a drawer and check back.
They should be able to have this done and running this week with an approval. Everything is already in place and with both Rep & Dem's backing it.... you would think they could wrap it up and announce it Friday.
We shall see soon enough. This might be a bigger deal for MGM then earnings.
My fingers are crossed and I would like to see Vegas be first.
I hope this is a Monster week. Earnings and online gaming decision.
LVS hit the $20's from what I read before they ever made a profit and MGM is set up the same way. Let's hope they guide well because earnings will be very ugly this qtr.
It's possible. We will know on Wednesday if they can guide back to profitability then I think yes.