Watching CNBC one of the top fund managers states MGM is undervalued and one of his new holdings. It appears to give a boost as it headed towards $27 again
This a link to what I was referring to in the previous post Top portfolio manager buys MGM on the bigger picture http://www.cnbc.com/2016/10/10/top-...adline|headline|story&par=yahoo&doc=104006540
MGM was off to the races before the markets worsened. I expect it to re-break $27 and more in the near term. May be a good day for calls
I thought Cher extended her tour 10 years ago, it seems The One and Only Cher Announces Exclusive North American Extended Engagement http://finance.yahoo.com/news/one-only-cher-announces-exclusive-140000131.html
MGM Resorts International (NYSE:MGM) Detailed Analyst Recommendation There are a handful of analysts covering the stock. Of them, 8 have a “buy”, 0 suggested “sell”, 0 said “hold” and 0 called “underperform” rating for the stock, according to Thomson Reuters data. 10 recommends the stock is “outperforming”. The company has an Average Rating of 1.56 based on analysts tracked by Thomson Reuters. http://reviewfortune.com/2016/10/21...onal-nysemgm-the-walt-disney-company-nysedis/
MGM Resorts International Announces Third Quarter 2016 Earnings Release Date LAS VEGAS, Oct. 25, 2016 /PRNewswire/ -- MGM Resorts International (MGM) will release the Company's financial results for the third quarter 2016 before the market opens on Monday, November 7, 2016. The Company will host a conference call that day at 11:00 a.m. Eastern Time, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://mgmresorts.investorroom.com/. The call will be accessible via the Internet through http://mgmresorts.investorroom.com/webcasts or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers. The conference call access code is 5010970. http://finance.yahoo.com/news/mgm-resorts-international-announces-third-123100826.html
With Hockey already in place and Football on deck, Now the NBA possiblity... All I can say is wow if all this falls in place. MGM would be the biggest benifactor for all of this. MGM CEO Jim Murren pursuing NBA team for Las Vegas’ T-Mobile Arena http://www.reviewjournal.com/sports...en-pursuing-nba-team-las-vegas-t-mobile-arena
Very good for MGM moving forward Officials: Las Vegas airport traffic up again, hits monthly high http://www.ktnv.com/news/officials-vegas-airport-traffic-up-again-hits-monthly-high_38730008
Macau gambling revenue up for 3rd month, sets upward trend http://finance.yahoo.com/news/macau-gambling-revenue-3rd-month-053457653.html
The markets to the wind out the sails for MGM but still green, as Macau, Vegas is sizzling and the company eyes Japan for a new venture
I was impressed with MGM that it was up a good part of the day, considering WYNN and the market dragging the gaming sector down. MGM does not report until Monday and the sentiment is strong for a healthy ER. My Chips are down on this one...TTT
As the markets are going red, MGM has picked up strength on no doubt a earnings play set for Monday. As it is not overbought yet and under the upper BB, it could rocket on Monday if they have a good beat. Guidance should be strong
MGM beats Street 3Q forecasts LAS VEGAS (AP) -- MGM Resorts International (MGM) on Monday reported third-quarter net income of $535.6 million. The Las Vegas-based company said it had net income of 93 cents per share. Earnings, adjusted for non-recurring gains, came to 58 cents per share. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. The casino and resort operator posted revenue of $2.52 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.37 billion. MGM shares have climbed 16 percent since the beginning of the year. The stock has risen 10 percent in the last 12 months. http://finance.yahoo.com/news/mgm-beats-street-3q-forecasts-130253405.html
$MGM pops 4.5% to 27.60 in PreM trading on posting strong Q3 (Sep) results, beats on revs with Vegas Strip REVPAR above guidance
