Breaking China HSBC manufacturing flash PMI at 50.9 vs 50.2 (A 7MONTH HIGH)
Come on stop the silliness..... there is so much demand in Macau that gaming table limits are being racketed
up big time= bucs to the house. Vegas (recent comments from MGM CEO Murren) convention business is getting back to 2007 highs = RevPar should continue to go up up up.......Market participants always want to here that CEO's are confident going forward and now even Murren is learning that as a 1st teir CEO if you want a higher stock price to continue to be able to get attractive rates to pay down debt....you need to be confident in earnings conf call....AND SO IT IS!
I own both MGM @ 3.50s and LVS 2.50s....
Come on stop the silliness there is so much demand in Macau that gaming table limits are being racketed
up big time= bucs to the house. Vegas (recent comments from MGM CEO Murren) convention business is getting back to 2007 highs = RevPar should continue to go up up up
MGM Resorts CEO Sees Las Vegas Bookings Rising in 2014
Las Vegas convention bookings will rebound to peak 2007 levels in the first quarter of next year, as audience attendance increases, MGM Resorts International (MGM) Chief Executive Officer Jim Murren forecast today.
Room bookings at MGM Resorts, the largest casino operator on the Las Vegas Strip, suggest a “tremendous” January through March for all Strip hotels, Murren said in an interview in New York. The rise comes from stronger attendance at events including the Consumer Electronics Show, in January, and the return of Conexpo-Con/Agg, the construction industry convention and exhibition held every three years in March, he said.
(With upcoming earning release next week this is important comments from Murren. Its not just about earnings its the conference call that follows that sets the tone for the next qtr expectations...and analyst
upgrades that follow)
This is fun......don't you think.. So MGM has massive debt! It's not about the "massive debt" but whether the economic's of the business model can support AND reduce the amount of debt over time, as well as grow revenue(REVPAR to keep it simple).........and the answer is? No wait a curve ball.........for the shorts
is the FED's gift to all revenue growing businesses to "refi" at historic low rates.....enough said. Enjoy the nice and steady ride higher in MGZm's stock price. Nameofthegame7 on the Yahoo's Market Pulse
Not much need to post as MGM has becoming better with getting the story out, but still not great. Debt refi has been the #1 reason that I remain long, its such a simple thing too get behind on any turn around story. Wall Street analysts community should start to reevaluate real-estate holdings as well. Its no longer the case where you could buy a Treasure island that MGM sold(for need of cash) for $900mil that cost in todays dollars $2.5bil to build. The great thing about improving REVPAR (in MGM casino's) is that with the great entertainment attractions/ world case dining & best high-line shops in the USA including NY...right there within walking distant of your hotel room you no longer need to go to Vegas just to gamble and that's why REVPAR is a given to continue to improve...and of course don't forget Vegas gets the majority of its business from California, can you say, hello....... to all thought millionaire that Silicon Valley continues to print
I agree, but its more insidious than that, Alex's job on the message board is to create an atmosphere where you can't discuss or find out anything meaningful without going through the insults and assassin commentary, or should I just spell it out . Alex works for a SHORT FUND. This is standard operation procedure. Until the funds position is closed or is chased out by higher stock price than they can stomach or afford (just remember short funds work together to create havoc but when it comes to selling out there position its every short fund for himself, meaning they don't tell each other when their bailing out....What to do? Nothing the stock price on its own will remove Alex in do time, but if your willing to dig through some meaningless post you will be able to find some info to help better understand your investment, whether your short term or long term oriented
cjg70772 sorry I let a friend jump on my computer and he forgot to logout. Anyway.....Your very welcome. Yes...we are you total agreement. I have extensive experience investing in this space and bought in at some very cheap prices and recently bought a 2nd leg of shares, and today completed my purchase for a 3rd leg.
Again, if you understand small bio, the NAMEOFTHEGAME is to get as far down the road as you can with as many dance partners as you can get(especially big named will healed partners) to better prove out your technology modeling. As long as you continue to show incrementally progress that would be helpful to cutting the cost and time to market for your big blue chip partners you will be able to continue down that road.... the key here is cash influsion. It's not about revenue now but building a better mouse trap as your patent portfolio value growths exponentially. Buyout now is out of the question...why.....what for .....unless the company has hit a block in the road
Most importantly, I forgot got to mention, Yes, I am long the stock from very low levels and looking to add to my position, as well.
It's not a dumb question when dealing with small SPEC bio-pharma stocks, its just that your a wee bit early. ONVO is in the top of the 2nd inning. Remember you don't just qualify for NY stock exchange listings, it takes time and BIG $$$ to position the co to meet listing requirements. I have gone through the process a few times first hand(I mean literally) with other co's. The most important thing to remember....can you raise capital, and the answer for ONVO presently is yes, as much as needed(piggy backing on all ONVO's big pharma partnerships.)...enough said. Always remember small bio or small pharma are used as incubator's for big pharma, who would rather write a big check ( looks good in the press, I mean boardroom...remember C level jobs are hard to come by and you don't give them up so easily(ONVO) or prematurely (BIG PHARMA) by not maturing the relationships/partnerships. On Market Pulse as nameofthegame7