To: Jesh who wrote (43) | 7/30/1997 2:18:00 PM | From: Steven W. | | |
Jesh,
Great to hear it is still rocking at the MGM. The stock is moving higher on heavy volume today. This sector has been whipped over the last few months.
Over 600,000 shares at 1:00pm at $33.75 up 3/8's.
Steve |
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To: Steven W. who wrote (44) | 8/1/1997 11:37:00 PM | From: Randy Atkins | | |
Nice support today. MGG held up nicely while other sector stocks faltered (MIR and CIR).
Still worried about those stocks of ol' frizzy hair...
--Randy |
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To: Randy Atkins who wrote (45) | 8/21/1997 6:58:00 PM | From: Steven W. | | |
Randy,
Smith Barney initiated coverage of MGG at outperform after the close today. Can anyone tell me what outperform means. I understand hold, buy, and strong buy.
Two good days in a row. Up a point on a down day.
Still holding on to MGG.
Steve |
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To: Randy Atkins who wrote (45) | 8/29/1997 10:38:00 AM | From: Steven W. | | |
Randy,
MGG up $1.25 this morning. It has creeped up from $35 to $38.50 in the last week or so. I have been tempted to sell. Last time I did this with this pattern, I missed out on 7 points.
I am in at least till $40 and then will review it again at that time.
Steve |
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To: Steven W. who wrote (47) | 8/29/1997 2:19:00 PM | From: Randy Atkins | | |
Steve, this is not the time to bail.
The entire gaming sector is shining over the past several sessions, while the general market is singing the blues. I really believe that it is this sector's time up at the plate, which I said initially when I came into MGG.
These are the games that Wall Street plays. MGG is no better buy that it was six months ago, but NOW the street is realizing it.
Hang tough.
--Randy
Shameless hype: Check out the thread on "Silicon Gaming". If you like gambling stocks, this one is a good play. |
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To: Randy Atkins who wrote (48) | 8/29/1997 2:43:00 PM | From: Randy Atkins | | |
Big blocks coming in. Looks like 1 block this moring for 25,000 shares. Another this afternoon for 25,000 shares.
Is that you, Steve?<g>
--Randy |
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To: Randy Atkins who wrote (49) | 8/30/1997 8:01:00 AM | From: Steven W. | | |
Randy,
Wow! $40.25 on no news. I feel good that I didn't unload now at $38. Compared to Mirage, this valuation is still quite under valued.
I am still going to hold on for a few more points and then decide on what to do. This is one of the few stocks that I trade in and out of.
The pressure seems to be still on the up side. As far as that large block of 25,000 shares. I only wish I had that kind of money.
Steve |
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To: Randy Atkins who wrote (48) | 9/3/1997 12:07:00 AM | From: Mang Cheng | | |
Randy, I just bought some Circus Circus (cir) today. What's the reason the gaming sector is turning around ??? I bought in based on reading the chart. I figured if MGG broke out then it's only matter of time cir break-out too.
Mang |
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To: Mang Cheng who wrote (51) | 9/3/1997 7:13:00 AM | From: Randy Atkins | | |
No reason except what was under a cloud yesterday is out in the sun today. Wallstreet is certainly a fickled mistress.
The gaming industry faces some very real problems; overcapacity, increased competition, transportation bottlenecks (in Las Vegas), etc., but these problems will be worked out over time. In any case, MGG is a winner, regardless. They are a well-run organization.
Good luck on your CIR.
--Randy |
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