zencompass
Hope springs eternal
- Joined
- Jul 16, 2014
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Ahhh I was hoping someone with a financial background or some stock knowledge would chime in. Makes sense people are offloading the day after?
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Dear Canadiangirl,
The amount of money invested in MGM is staggering - billions.
That's why I do believe that money and power will force this investigation to wrap up quickly. There will always be questions. I don't mean a conspiracy took place. I just mean that money talks - in this case - billions of dollars.
The stock has been lower than Oct 2nd - from January until April it was lower than after the shootings.
My point is that it is likely the stock will turn around next week.
MGM owns most of the Las Vegas Strip:
Bellagio
ARIA
Vdara
MGM Grand
The Signature at MGM Grand
Mandalay Bay
Delano Las Vegas
The Mirage
Monte Carlo
New York-New York
Luxor
Excalibur
Circus Circus
China MGM rollout either this month or next.
MGM resorts around the world:
https://www.mgmresorts.com/en/hotels.html