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Thread: Invest in gambling companies

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    polli123's Avatar
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    Invest in gambling companies

    Heyo,

    what would you say about an investment on Boyd, Mirage and Sands stocks this time?
    Iam read to spend a few bucks, have my focus on LV Sands but iam still not sure...

    Reg

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    Quote Originally Posted by polli123 View Post
    Heyo,

    what would you say about an investment on Boyd, Mirage and Sands stocks this time?
    Iam read to spend a few bucks, have my focus on LV Sands but iam still not sure...

    Reg
    I think you'd have to be crazy for investing money in any American gaming companies right now. Both Las Vegas and Atlantic City casinos have been experiencing record losses for months on end, with no light at the end of the tunnel, just yet.

    I'd wait at least another year or more to see if/when their situations improve. Sure, their stocks are super-low right now, but I'm fairly certain that they're going to go even lower.
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    polli123's Avatar
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    Sounds not so good.

    Analysts say BUY for LV Sands if you love to gamble on the markets too. Well letīs see what the others say bout it.

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    No one is buying or selling these stocks. I know this for a fact. Right now the market is not doing so good and people are doing more selling then anything. But if you are going to buy, do it while they are low in price.
    Give a fool his space....don't want to get caught up in their drama

    Teretta

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    In every transaction there is a seller and a buyer. The average daily volume of LVS is about 30 million a day, so some people are buying and selling it.
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    Quote Originally Posted by GrandMaster View Post
    In every transaction there is a seller and a buyer. The average daily volume of LVS is about 30 million a day, so some people are buying and selling it.
    I meant to say I have not seen any volume for LVS in quite sometime.

    Here are some stocks at the close of Friday

    MGM MIRAGE MGM MIRAGE NYSE MGM 6.30 +0.40 (6.78%) 1.74B

    Wynn Resorts, Limited Wynn Resorts, Limited NASDAQ WYNN 32.76 -0.71 (-2.12%) 3.67B

    Trump Entertainment Resorts, Inc. Trump Entertainment Resorts, Inc. OTC TRMPQ 0.190 * -0.020 (-9.52%) 6.03M

    Riviera Holdings Corp. Riviera Holdings Corp. AMEX RIV 1.16 * +0.01 (0.87%) 14.47M

    Archon Corporation Archon Corporation OTC ARHN 14.25 * 0.00 (0.00%) 90.19M

    Century Casinos, Inc. Century Casinos, Inc. NASDAQ CNTY 1.57 +0.04 (2.61%) 37.50M

    Trans World Corporation Trans World Corporation OTC TWOC 2.75 * 0.00 (0.00%) 24.40M

    Nevada Gold & Casinos Nevada Gold & Casinos AMEX UWN 0.790 * +0.080 (11.24%) 10.22M

    Monarch Casino & Resort, Inc. Monarch Casino & Resort, Inc. NASDAQ MCRI 7.12 +0.02 (0.28%) 114.79M

    Ameristar Casinos, Inc. Ameristar Casinos, Inc. NASDAQ ASCA 14.16 +0.31 (2.24%) 812.23M
    Sector: Services > Industry: Casinos and Gaming

    Bloomberg
    LVS:US Las Vegas Sands Corp
    Industry: Casino Hotels
    Add Security to your Watch List

    04/17 New York Currency: USD

    Price5.030 Change-0.070 % Change-1.373 BidN.A. AskN.A. Open4.960
    VolumeN.A. High5.180 Low4.850 52-Week High (04/30/08)77.00 52-Week Low (03/09/09)1.38 1-Yr Return-92.578%

    EARNINGS

    Earnings Past 12 Months0.060 Quarter Est. EPS (03/09) -0.04 Quarter Est. EPS (06/09) -0.03 Year Est. EPS (12/09) -0.13
    Price/Earnings (Trailing)83.833 Relative P/E6.516 Earnings Growth Rate-81.600 Estimated P/E31.400

    FUNDAMENTALS

    Shares (Millions)652.831 Market Cap (Millions)3,283.740 Float (Millions)303.141 Return on Equity-5.551
    Short Interest 65,676,590.000 Last Dividend ReportedN.A. Dividend Yield (ttm)N.A. Relative Dividend YieldN.A.

    http://www.bloomberg.com/apps/quote?ticker=LVS
    Give a fool his space....don't want to get caught up in their drama

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