MGM Resorts International (NYSE:MGM)

Strategy Session April 27th, 2017

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  • champ: $CZR...Day-2 for me on this spec U-turn, that is working nicely today. ~~~~~~~~~~~~~~~~~~ $FLL..Full House Resorts...and this swing is also working....... ~~~~~~~~~~~~~~~~~~ $MGM....NP...however all the Casino stocks are working.
  • champ: $CZR, I'm holding this position, however #all of the Casinos are working.....$MGM $LVS $WYNN $RRR $PENN $DKNG and others.
  • wijimmy: @champ $CZR #Caesars ... Crazy #'s..... $DKNG made $8.8 million in revenue from $52.3 million in Super Bowl bets, while BetMGM $MGM lost $4.8 million after taking in $10.8 million in bets....In addition to BetMGM, Caesars also lost money on the game. According to Caesars, it lost out on a lot of money when the game went to overtime - a popular prop bet that paid about 9-1 odds.. ..Of the nine sportsbooks operating in New York, including Bally Bet, DraftKings, FanDuel ($FLUT), PointsBet, RWB, RSI and WynnBET ($WYNN), BetMGM and Caesars ($CZR) were the only two that lost money on the game. New York's Caesars sportsbook lost $970,404 off $12.5 million wagered, according to new data from the New York Gaming Commission. ... https://www.morningstar.com/news/marketwatch/20240220199/why-draftkings-made-8-million-and-betmgm-lost-nearly-5-million-on-super-bowl-bets-in-new-york
  • champ: @wijimmy $CZR $DKNG $MGM $FLUT $WYNN..........on #Caesars they generated 10% adjusted EBITDA margin in the quarter....and their full years results benefited from a 78% increase in their Digital net revenues to appx $1.0 billion...and thats a $700 million $$$ improvement....and Q4 increased 28% Y over Y.
  • wijimmy: @champ $CZR $DKNG $MGM $FLUT $WYNN #Caesars ..The #'s and article I posted were just online gambling from the SUPERBOWL from NEW YORK....
  • champ: @wijimmy $CZR $DKNG $MGM $FLUT $WYNN #Caesars...#Thanks for that Info, however for me, this is only a Day-trade, might Not swing...and I'm not going to get married to this stock...because this is only a trade. Good Luck!
  • bigbartabs: @wijimmy $CZR $DKNG $MGM $FLUT $WYNN #Caesars ... every time I see ticker DKNG... I think "Donkey Kong". My kids did that to me.
  • wijimmy: $MGM .. Watching for a bounce after ER yesterday and some reason trading down 6.75% this morning and fell under 50day of $43.72...
    ...
    "Our Las Vegas Strip Resorts and MGM China set new all-time records for full year and fourth quarter Adjusted ...
  • wijimmy: $MGM ...seems to found a floor, going sideways ..maybe some green will start soon.. $MGM ..Deutsche Bank Adjusts MGM Resorts International Price Target to $53 From $52, Maintains Buy Rating 02/14/2024 10:39AM • MT Newswires
  • wijimmy: $MGM ... Down -8% Watching all day and seeing multiple upgrades and price changes after what I thought was a good E/R yesterday.. and not seeing any GREEN bounce today ...
    I finally possible found why its down..@CHAMP what say you ..I know you trade ...
  • wijimmy: @wijimmy $MGM ... The #'s Link if any is interested .easy read https://investors.mgmresorts.com/investors/news-releases/press-release-details/2024/MGM-RESORTS-INTERNATIONAL-REPORTS-RECORD-FOURTH-QUARTER-AND-FULL-YEAR-2023-RESULTS/default.aspx
  • champ: @wijimmy $MGM....I was on the call yesterday and I also read that report .....and my guess is, this is more or less dead money for awhile....... ....and both Traders and Investors were not impressed at all with their earnings or their guidance....and this doesn't start to look good until maybe late 2024 or 2025....their expenses/ their overhead is just to high...and not any room for error. .... I took my profits before earnings and I had a small swing into ER , however I'm out now...because I don't want to be long-term. Might have a short term trade, in a strong-market, however the risk-reward is not there for me, IMO. I'm also out of $CZR...for the same reasons....because their overhead is also just too high....and they both make a lot of money... but their expenses are huge, per $MGM earnings report. LOL
  • wijimmy: @champ $MGM $CZR .. Thanks for the reply..and your thoughts... onto $DKNG we go.... strictly online and less headaches.....
  • joelsg1: @champ $MGM $CZR $CZR bought William Hill sportsbook and made it much worse.
  • wijimmy: @champ $ARM .. Watching $CZR, .....$MGM with E/R today still lots of Super Bowl Hype out there ...
  • champ: @wijimmy $ARM $CZR $MGM......Yes and you probably already know what the Play for the Day might be...........I'm watching.
  • champ: @TraderGeekSam $SPY $QQQ....#Thanks and thats nice to know Sam and I have some very nice trades going on over here also...on a few Stocks that are bouncing off of their LOD's........$TQQQ $BECN $OC $GTLS $BCC $CMC $KNF $SUM $OLLI $ARM $MGM $CZR $AXON and they might continue. LOL
  • champ: @wijimmy $ARM $CZR.....Yes and on $MGM, at $45.65, they could have a nice Holiday-Season beat and they should also guide higher because of the Super Bowl, we are going to find out in a few minutes....I held a spec-position into their earnings.
  • champ: $MGM beat on all lines, however so far the Markets were Not impressed and it looks like I will or might be taking a loss on my 200 shares, that I did swing into their earnings...if I were to sell those shares in the AH's.
  • wijimmy: @champ $MGM .. in same boat with 225 .. all looked good to me and playing the wait and see game tomorrow morning.. was hoping for a pop because I also have $CZR and plan on holding for there ER.. also holding for ER on $DKNG but in from way below and comfortable with just online gambling with no hotel or casino business model.. $FLUT my favorite in the space
  • champ: $MGM this swing has new News on MGMBET and I'm also holding $CZR and $DKNG.
  • champ: $WYNN...Casino....nice earnings move, but NP...and my play, my Set-up off of this Casino was,...I'm holding large swing positions into these Earning reports....$MGM $CZR and $DKNG.
  • champ: ...
    .....and could see what #BetMGM just reported today 2/7.......
    and this years Super-Bowl is going to be moving all of the stocks in Vegas......
    .....and $MGM has 14 Casinos in Vegas.......
    .....and the largest Casino-Hotel company in the U.S. and al ...
  • Cjauger: @champ $DKNG $MGM $CZR $RRR #first-time #BetMGM #Vegas-strip #Ferris-Wheels #Red-Rock-Resorts #locals #Stays-in-Vegas because all the $$$$ that you take to Vegas stay in Vegas (LOL), as a risk manager I just don't go to Vegas
  • champ: @Cjauger $DKNG $MGM $CZR $RRR #first-time #BetMGM #Vegas-strip #Ferris-Wheels #Red-Rock-Resorts #locals #Stays-in-Vegas....I have always enjoyed Vegas because there is a lot to do there....Golf, Shows, Food, Sporting events, Boxing matches (and I see ...
  • champ: $MGM...at $44.50 and LOD was at $43.50.....Watch for Entry because they will be reporting their earnings on 2/13 and they are just now starting a #Pre-earnings move, could pick-up $2 to $4 or so before they report and they should have a real nice beat on earnings also....... .....MGM has 14 Hotel-Casinos just in Las Vegas and 7 others in the U.S., with 2 more in Macau, China and all of these locations have had strong booking numbers. ....Plus the #monthly gaming Win numbers in both Las Vegas and also in Macau have been real strong, could Check-out those gaming reports. I'm also holding positions in $CZR and $DKNG.
  • Angdionk: $MGM bouncing off 50 and 200dma
  • indigo1948: @DAN - could you please cover $MSTR, $MGM, $TSLA and $BX - thank you.
  • stairm01: @DAN $RIOT $MARA $MGM $SMCI
  • champ: ...
    Caesars is one of the Top-picks for 2024, pre $JPM, by analyst Joseph Greff and other hospitality and gaming stocks like $WH, $H $MGM $DKNG and others.

    Watch for Entry, could continue this new move going into the close and also next Year, on Tuesda ...
  • wijimmy: @champ $CZR $CZR, $MGM, $WYNN..... along with the race next week... I'm sure the RAIDERS playing the GIANTS and JETS back to back weekends ...should help numbers a little for the Quarter .. its always Good having a LOAD of Gambling New Yorkers in Vegas..... I started a trade on $WYNN this morning after the overreaction to E/R ...
  • champ: @wijimmy $CZR $MGM $WYNN ....Yes many can't wait for Football weekend, to kick-start, kick-off Football week....and all of our troops, through-out the world, are placing their Bets, 24-7,...without drinking any Buds.....thats for sure...... ....and my guess after #New-Years-Eve is....$CZR will be on top of the $$$ winners-list, in Vegas and my Bet is, they will be up 50% from $41.60 ....because they are the largest player in Vegas and also in the U.S., with #O-risk in China/Mecca....... ....so this year I'm #betting on that USA team....$CZR, to win that Vegas Casino bet, for the 4th quarter this year....because they own the most properties/locations in Nevada and also in the U.S.. Good Luck!
  • marklesparkle: @champ $MGM $CZR #record #Pre-earnings #before #real-good-timings I was brought up to say thank you and you will see say that alot @champ. Also I listen to what you are saying or(puttn down)
  • champ: $CZR....HOD...really strong.....and Now so is $MGM, because it looks like in is Now on a #Pre-earnings move, because they should also beat on Earnings...and they will be reporting on Wednesday, 11/8/after the close. Real nice Green stairs on both, on the 5-minute chart....... and the Holiday-Season, that they are in Now, is a huge earnings quarter for Casinos.....because of huge Football weekends and the Super Bowl, are in this current quarter. Game-on Risk-on, Watch for Entries before they run away, for Hold and Build investment positions.
  • Robert1965: @champ $MGM $CZR looking for an entry level, $MGM still near HOD, $CZR up 9.5% any suggestions
  • champ: @Robert1965 $MGM $CZR ....This is what I'm doing.....I'm holding a large $MGM position, much larger than $CZR....because I'm guessing that $MGM is going to have a huge earnings beat....and the reason why I'm thinking that is because $CZR just reporte ...
  • Robert1965: @champ $MGM $CZR #record #Pre-earnings #before #real-good-timings Thanks
  • kenb: @Robert1965 $MGM $CZR reading some news about a potential strike in Las Vegas coming up this month, by unionized workers. Be aware and not sure of the footprint of these two casinos. No position in either.
  • Robert1965: @kenb $MGM $CZR Thanks saw that on the
  • champ: $MGM....is at $36.50 and is on a #Pre-earnings move, they will report on 11/8/after. $CZR $PENN and I'm also holding both of these swings. On $PENN....#ESPN-Bet is planned to launch on November 14th.
  • champ: ...
    I'm currently holding $CZR $MGM and $PENN.
    ~~~~Watch for Entries.........


  • champ: $MGM is HOD and this Casino could be on a #Pre-earnings move, 11/1/after.....plus nice upgrade this morning, with a price target at $49...by HBSC.
  • ray: @champ $MGM #Pre-earnings One caution about $MGM is the probable impact of the Culinary Union strike of Las Vegas Strip properties. The union have had talks with the casinos, and reports are that they did not go very well. Reuters has an article about walkouts on casinos in Detroit last week (including MGM, Penn Entertainment and others). I have had success with $MGM in the past, but I'm sitting on the sidelines until more clarity on the impact (or a settlement) is available.
  • kycol: @Angdionk $MGM $CZR $WYNN #strike 8,700 Ford truck plant workers go on #strike in Louisville, KY.
  • Angdionk: #strike Not sure if its been mentioned but there is a big buzz here in vegas about union workers for $MGM $CZR and $WYNN going on strike if a deal isnt met for their contract. My friend says picketing will begin tomorrow to show strength and then strike during F1 around the 18th of november. FYI
  • champ: @traderbren $DKNG .....Yes...thats a huge-deal..... because $PENN is up $4.00, on strong #News, about ESPN, they now have an exclusive U.S.agreement, for onLine Sports betting, they must have gave ESPN a larger cut of the action....because they must have under-cut the larger players, like $CZR and $MGM. .....On time News matters and it looks like the Main-move, could be maybe over...??
  • kenb: @champ $DKNG $PENN $CZR $MGM #News still reading the news, but also saw something about divesting BarStool Sports back to Dave Portnoy. They are actually using the word dumping BarStool Sports. Hmm.
  • champ: @kenb $DKNG $PENN $CZR $MGM #News.......Plus earnings in the morning, Yes it could be...that they are cleaning-up their house... before they report their earnings in the morning, maybe they are getting ready to report negative-News and hoping that this positive, this great ESPN-News, will offset all of their negatives,..... .....I hear your...Hmm......because this could be, a be careful, be aware, before we pull any triggers........ .....For me, I'm Not smart enough to know how this is going to play out, with their earnings in the morning, however positive Guidance, usually overrides and could save their Day...??? ~~~~So for Now, NP and I'm just going to be a cautious watcher, that could maybe become a cautious player. .....#Thanks for that BarStool News... because I didn't see that...Good Luck!
  • kenb: @champ $DKNG $PENN $CZR $MGM #News #Thanks one of the CNBC talking heads mentioned the idea that BarStool sports didn't fit in with the Disney hallmark image, so it is conceivable that the ESPN deal was contingent on them getting rid of Portnoy since he didn't fit the Disney lifestyle. Like a Hanna Montana before she became Miley Cyrus. I'm sure Dave Portnoy made out well to go away, and I'm not sure of the divestiture details. It could be $PENN retains a piece of BarStool investment.
  • champ: $MGM $CZR...they are both holding hands and they should both have #Pre-earning moves....be on time, don't be late..... .....these are zigzagger....they dance around....... ....could place a Bet on Both.
  • champ: @DougL $DKNG ...Yes sir and park these stocks right Next to each other...$MGM and $CZR....and gamblers are working these stocks......they are using these like a dice-table.....In and Out....and the play might be...to just... #Let-them-Ride, these are being worked.
  • champ: $MGM...$50.25...Day-Trade,....and all swing decisions will be made before the close or Sooner......only looking for slow...zig-zag moves higher, they also have upgrades before earnings, on 8/2/after/confirmed. ...Not looking for Flash, all I need to work with, is just a little Safety, to work $$$$.
  • bigreek42: bought some $mgm with stop yesterday's low
  • debeers: $MGM and $MAR sign a long term licensing agreement. Good for both but IMO $MAR gets a lot of beneit from this deal.
  • Onthemark: @debeers $MGM $MAR Starter with $MAR
  • Pard: $MGM working. Adding.
  • Pard: $MGM looking ready to pop.
  • Pard: $LVS $MGM watching these for breakouts above multi year highs. No position yet. If cruise ships can get mojo, why not casinos?
  • woodman: Casino stocks back on the rise. $LVS $MGM $CZR $WYNN, for example. $RRR has been ripping for some time and is at a 2023 high.
  • ray: @BarryC Hi Barry. Hope you had a good trip with the family. Did Vegas seem crowded with visitors? Some members of our family went to a casino closer in Oklahoma in the middle of this past week and were surprised how crowded it was, both with families with children around the pool areas, and in the gaming areas. A year ago at the same casino, it was very light crowds around the same time. I do have a small position in $MGM as part of my re-opening theme, so that is the backdrop partially on why I'm asking.
  • BarryC: @ray $MGM It was crowded for sure, in fact even BOTH of our flights were fully booked. Also, we went to some of the best restaurants that Vegas has to offer and if ya didn't have a reservation, you couldn't even get in. I can tell you, you'd NEVER know we're heading into a recession just looking at Vegas, lol....
  • scottrades: Some earnings to be aware of next week: $AAPL $SOFI $AMD $NCLH $UBER $SHOP $PFE $F $ON $AMC $SQ $CVS $YUM $ANET $QCOM $COIN $DKNG $ALB $CHKP $BP $BUD $DDOG $MRNA $ET $RCL $SEDG $ACMR $SMCI $MELI $GPN $SBUX $CNA $MGM $MAR $WBD $RIG $PK $MPC $FANG $EPD $NVO $PTON $STNG $FUBO $LNG $AMG $CAR $WEC $LYFT $LUMN
  • BarryC: #FWIW, Here is my current watchlist: $ADBE, $AGI, $ARRY, $ASAN, $AUPH, $AXON, $BOTZ (Sector), $CRSR, $CXM, $DASH, $DM, $EDU, $FLYW, $FGNU, $FSLY, $FSM, $GDX, $GLD, $HUBS, $IGV (Sector), $INMD, $IQNQ, $ITA (Sector), $LRCX, $MGM, $MSFT, $NEM, $NET, $NU, $NVDA, $NVTS, $ONON, $OR, $PD, $PEGA, $PYXS, $SE, $SPOT, $TCOM, $TECK, $TGTX, $TSCO, $TGX, $WPM, $Z
  • woodman: #Casinos / #Resorts still look good. $MSC continues a parabolic move out of squeeze. $BVH huge move today. $FLL flag after nice move last week. Np in any of those. I have $LVS and $PENN in the space. $MGM (np) has been nice. Some others look decent too if you want to poke around in the space.
  • Forexpro: Re: $VFC Hi, Friends, Not one I've ever traded, and it hasn't received a mention in the Forum in the past year, but it's in the news this morning. Usual (non-crypto) stuff; earnings forecast cut, CEO out, etc. Smacked fairly hard in the pre-, but it appears to be making an effort to stabilize. Mildly curious to see if 30 can hold. All the best! P.S. $WYNN, $MGM and $LVS are all benefiting from hopes that China's restrictions will be easing. According to MarketWatch.com some analyst from an outfit I've never heard of upgraded $MGM this morning. I'm neither less nor more excited. I've owned $LVS from time to time over the years, without any particular success.
  • debeers: $AAPL-movingt production out of China as fast as it can. $ARDX-looking forward to a fave ruling on kidney drug $BA-another day, another order (or two) $LLY-will maunjaro dominate? YUP $MGM-capturing Chinese casinoa and the Strip $ULTA-the deal behind the deal: not only loyalty but oil going down which means that the profit in most cosmetics going up.Also, as the loyalty program expands even further (from the39million now) folks beinmg moved gently to MORE expensive skincare and cosmetics.
  • debeers: $MGM-Truist goes from 40 to 50 and upgrades from hold to buy.
  • debeers: $AAPL-Moving production out of China as fast as it can (probably to Vietnam). $ARDX-looking for a fave ruling on its kidney drug $BA-Airlimes can order from only 2 and Airbus cannot supply everyone where aircraft now 20+ years old $LLY-will Mounjaro dominate? YUP $MGM-more casinos in Macau than anyone else and a force on the strip. $ULTA- 39 million loyalty customers. They may trade up and down in hard times but skincare and cosmetics thrive with a good marketing set up which is the $ULTA brand.
  • debeers: $ARDX/$BA/$HSY/$MGM/$UAL (1/4 position), $ULTA-LONGS all
  • woodman: $PENN - broke out, up through the 200d, then pulled back a little below it, now phase 3 move back up through it. I'm long this one. But similar looks for many in the #ResortsandCasinos stocks. Some have progressed more (or much more) with this move, but the entire sector is working. Others in the industry: $LVS $WYNN $MLCO $PENN $MTN $MGM $BYD $HGV $RRR $MCRI $FLL ($BALY and $CZR trying to get up thru the 200d)
  • Angdionk: $LVS $WYNN $MGM all trying to work
  • scottrades: @Angdionk $LVS $WYNN $MGM Hey great work with $ON today!
  • Roadrunner: $WYNN $LVS $MGM bets placed on these given China and Macau opening
  • champ: All will be #Bounce-Candidates, at some point..... $CZR, down 9.4% and is at $37.62.... $MGM $WYNN $PENN $RRR $BYD $LVS $BALY....and also $DKNG, which doesn't own any Casinos......looks like Investors are #rotating-out of Casinos and I have NP's, however I will be watching for Entries, like I posted, at some point. ........This is a great time.... to Not have any $$$ in these stocks.....and I'm sorry that these investors are being #force-out....however these stocks will have entries, so let's have Alerts set....and we all need to #post-Entries, if we see any of them starting to make a slow U-turn, a move in the right direction. If we only knew when.....Red would turn Green, however for now, this Stop-light is stuck on Red.
  • debeers: $MGM Deutsche Bank target is 51/ Credit Suisse Lowered it to 72 Given that the current price is 35.40 with the Dow down 147 points--i'll take that!
  • debeers: $AMD/$AMZN/$BA/$KYMR/$MGM/$NUE/$TSLA
  • woodman: @mogo $DKNG - a number of the #casions / #resorts stocks are likewise looking good with decisive moves above their 50-days. Many of them report this week or next, though. See, e.g., $CNTY $CZR $RRR $HGV $VAC $MTN $MGM $PENN
  • woodman: #Resorts and #Casinos look like they could run some more, but many are reporting this week. See, e.g., $CNTY $RRR $HGV $VAC $MTN $CZR $MGM $PENN
  • champ: #Journal-post.....I'm Also....Still holding.....$FANG $DVN $SOI $SLCA $AAPL $IBM $TDOC $FXI $RIVN $SAVE $CPA $FIGS $SON $CANO $JPM $FAS $XPO $YELL $MGM $CZR...... small size, test positions...$AA... $HRI...$CF. ............also $KMI..6.57% and $PAA..8.73%.....yield swing positions. .....this is what I'm doing......these are the stocks that I have posted about........ I'm not Watching the Markets, I'm working the Markets....... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~``
  • champ: ...
    .....$CZR $FDX $CROX $META $ZM $OLLI and $WFC.....and I didn't swing any of these stocks today, however I'm currently holding a Core position in $CZR and $PENN and $MGM, and I posted on these other 2 also, in the last week or so.
    .....I had a large ...
  • champ: $MGM and $PENN are both HOD...and it looks like I will be swinging.....should be a Full-House in Vegas....and I'm also holding $CZR.
  • vcondry: @champ $MGM $PENN should be printing some money this weekend
  • champ: @vcondry $MGM $PENN....also a big Golf weekend, play and then pray, for a good roll.
  • joelsg1: @champ $MGM $PENN $CZR Don't forget $VICI, turn already in, above all avgs. 4.8% yield.
  • champ: @joelsg1 $MGM $PENN $CZR ......I had $MGM-Properties but I haven't looked at $VICI, however I will do a Walk-around...#Thanks.
  • bRobert: $CROX H&S top daily Cinder block shoes $30 with next shoe drop trigger $BOOT H&S top daily Failed st 20d ceiling Do you see a theme with these short set ups Failed bounces to ceilings Big bearish patterns when you zoom out $50 200w target posted for months How? WEEKLY telescope Don't be short sighted in your trades It costs nothing to look at longer time frames to get a better sense of the direction without the daily noise Anyone can trade any bounce You can trade in a more sophisticated manner See the bigger picture Casinos Followed these bear flag bounces to ceilings $CZR 20d ceiling again WEEKLY is ugly $30 target next shoe drop $MGM 200w ceiling Bear flag 20d failure was a low risk short $22.50 potential
  • bRobert: $WYNN $MGM $CZR $PENN coming closer to defined ceilings Moving averages Necklines etc Look at the daily charts Trail up stops Consider partials Look for the expected Same with many nice oversold bounces in other stocks ETFs A market without any pulse doesn't bounce from extreme oversold conditions 10d moving average for Put/call Nasdaq is heading down A set up that typically leads to a market rally
  • bRobert: $PENN $20/ single digit potential $CZR $30/$20 potential Posted major breakdown targets several times Zoom out to the WEEKLY Why touch Slide greased $CZR looking like $CVNA WEEKLY breakdown Acceleration $MGM same Brak < 200w floor Collapse $20/$15 NO BUENO Trade with the wind at your back
  • champ: $AMZN $PARA $MGM $FAT $ALLY $BAC $MS $ZION, I'm still holding these swing positions, for now and I took Profits today on my other positions. ..Plus I did downsize on $AMZN, now looking to maybe add-back and also on $MGM today. On $GBTC....I only have a 1/3 size, position left, on this Spec swing, after downsizing, with profits, Trailing, however as we all know, stops only work during market hours. All past positions, have been moved onto my possible #buy-Back Watch-list and they need retry timings. ....Market uncertainty is back, so for me.. zig-zags, always triggers Risk-Management. . ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
  • champ: $CZR $MGM $CZR...all HOD ....and I added to these Swings....see Set-up post.
  • champ: $BALY $CZR $MGM $PENN $DKNG....we all saw the Low entries...shorts are covering, posted price level entries.... don't wait too long....
  • Pokersmith: @champ $BALY $CZR $MGM $PENN $DKNG see also : $BYD
  • champ: @Pokersmith $BALY $CZR $MGM $PENN $DKNG....... $BYD....I'm holding these 5-positions and I see all the others.....and I like $WYNN also today...but only for a trade.....however $CZR is the sector leader, as of RHRN.. it is up 8.30%...$CZR......however its your pick. .....Honestly....I'm not a very good watcher....because if I watch, I might end-up buying another casino stock and I'm already holding these 5 swing positions.....however I have been adding onto my current swing positions this morning....LOL
  • champ: $SSO $TQQQ $AMZN $COST $LUV $UAL $CZR $PENN $DKNG $MGM $BALY $WRBY $BAC $MS $C $ALLY $ZION, these are my swing positions and I'm trailing all...these I posted on today and some of these Set-ups, were before today and on some of these, this was #add-on-Day. $UAL is a Day-Trade but I might do a step-down swing...because I'm swinging $LUV.
  • champ: ...
    ......$CZR $DKNG $PENN $MGM $BALY...$BAC $C $ALLY $ZION $MS...$LUV $UAL...$CMC $GVA $HRI and $WRBY...posted on all....No flash on any of these positions, these are just stocks that are in sectors, that are turning......and will they continue....my g ...
  • bRobert: ...
    $MGM $22+ potential 200W acquired $22 if 200w broken
    $WYNN 20d ceiling for shorts $50/$40 potential
    $DKS tested Covid lows Is it done going down? Let it trade and remain above the 50d ceiling before getting any real ...
  • LeAf: @bRobert $CZR $PENN $MGM Thanks for your valuable contributions as always. Would you short MGM now as it sitting right at the 200w?
  • bRobert: $CZR $LVS $MGM $PENN I posted major warnings on these Are you nimble enough to avoid getting run over? Ceilings tested FAILURE ........... SHORTS Horrible charts Know what you are playing with on these counter trend trades or stay on the side lines
  • champ: @bRobert, #mark these price levels, for reference ... $CZR is at $42.60 and $MGM is at $30.85, plus $PENN is now at $27.80.. ...I was thinking that you are kinda,...just like my fortuneteller, that always keeps posting and talking about the past...... .....and I also posted...watch for a turn...because these are #Bounce-Candidates, that will be Trade-able at some point and that could be maybe even soon...I wish, I knew but I don't.
  • bRobert: Hail $CZR? H&S top $40 or less with trigger $PENN bear flag to 20d $24/$20 potential np $MGM close to 200w target $LVS H&S top $22 $WYNN same $40 potential All bad gambles until washout is done
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Stock Price $34.16
Change 2.15%
Volume 8,753,550

MGM Resorts International is a holding company, which through its wholly-owned subsidiaries, owns and operates casino resorts.

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