Or will it rebound up again? This is a real gamble? The CEO should not even get paid if the stock keeps on dropping. He needs to step down and let someone with fresh ideas to fix the problems. They need to run there company more like BYD.
There are plenty of hotels. You can go off the strip at the Orleans, South Point, M-Resort,Silverton. All very clean and safe hotels. Stay away from Downtown Vegas. Most likely they will be force to liquidate some hotels to pay of dept. I am not sure if the value of Vegas hotels have gone down. I would get ride of Planet Hollywood. It has the worse design, that is why it went bankrupt 2 times already.
So should you buy or wait after earning. I have seen lots of smaller title in the redbox kiosk these day. There are maybe one big title a weeks being released
So if you think the selection in the Kiosk are pretty good, I would buy on Thursday. The entire market looks like it is going down. Just wait one more day. Even with the price increase it is cheaper to rent a movie from amazon, microsoft live , sony network.
So people are going to less money to gamble. The casinos are not dependent on the whales anymore.
They need the money from the average person. I would not touch this stock until end of May.
But there will be no repeat of of big fight like this fight anymore. Have you listen to all the fans calling up sports radio station? All the fans are very upset. Why is CZR filinging for bankruptcy ? One big weekend will not save Vegas. I will bet you dinner that the stock by Dec will be at 22 or lower. I am staying away Casino stocks. But if I was going to bet on a casino, I would bet on MGM. Maybe have a fight with Ray Rice vs Mayweather.
Also it is cooked on the flame. Taste alot better. You have also health choices on the menu.
Tuna, Mushroom , and Chicken