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Old 03-05-2009, 07:30 PM   #1624
1.7El_guy
I don't get it
 
Join Date: Mar 2003
Location: vancouver
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mgm came down hard because it is up to its neck with debt (they might default on debt) and they halt one of their projects on the las vegas strip

lvs has a new casino opening in may...and to prevent themselves from defaulting on their debt, they're selling two shopping malls in macao (hey at least they're trying to get out of debt)

Also i watched LVS a couple days now and it reached new lows today so since this stock is so volatile, im hoping for a pop. MGM is just plain failing.

FAS is under 3 now..wow...C was under $1...wonder how the mark-to-market news will help the financials, they just have to get past tomorrow's umemployment results.
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