Invest in gambling companies

polli123

Webmaster
Joined
Feb 18, 2002
Location
Germany
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
 

winbig

Keep winning this amount.
Joined
Mar 10, 2005
Location
Pennsylvania
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.
 

polli123

Webmaster
Joined
Feb 18, 2002
Location
Germany
Sounds not so good.

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

GrandMaster

Dormant account
Joined
Jan 21, 2004
Location
UK
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.
 

vegetagirl2008

Mafia Wars Level 472
Joined
May 10, 2008
Location
Brooklyn, New York, United States
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.

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