I thought it was interesting that Mr. K bought additional shares. Let's
see, If you knew you might get a bid for $70, well $45 seems pretty
cheap. Even if Hilton doesn't buy MGG, they might do something
else to increase the price.
The amount of cash that flows through MGM and NYNY is a huge
number. They run it almost as good as Steve Wynn does and that
is pretty darn good. If it dips some more, than I am thinking about
increasing my position.
PS, this is one of the easiet stocks to trade and make money on. The
chart hasn't lied yet.