SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: rogermci® who wrote (5673)6/24/2009 8:39:03 AM
From: RockyBalboa  Read Replies (3) | Respond to of 6370
 
Some on yahoo said this is a nonevent since it was pretty clear beforehand that MGM is not going belly up. But anyways the price alone is hot; MGM traded much higher recently and some bounce is in order.
(with the problems in Vegas, with Icahn demanding a BK filing I am not favoring gaming stocks in general).

The bid was for at least 700k shares, we will soon see what the 6.32 are worth.



To: rogermci® who wrote (5673)6/24/2009 6:03:48 PM
From: Bear Down  Read Replies (1) | Respond to of 6370
 
i wouldn't.. They still have some cash flow issues with the massive debt service but more importantly when city center opens they will have a lot of new debt to service. it is also likely that cc will cannibalize other company owned properties for customers.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News