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 US stock discussion v3, Double Bottom coming?

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ronn77
post Feb 9 2011, 07:02 PM

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oh boy..I miss a boat name "MGM".


ronn77
post Feb 15 2011, 09:32 PM

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QUOTE(danmooncake @ Feb 14 2011, 10:10 PM)
MGM Q4 is out
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http://finance.yahoo.com/news/MGM-posts-sm...6.html?x=0&.v=1

(Reuters) - MGM Resorts International (NYSE:MGM - News), which sources said last week plans to publicly list shares in its Macau operations at the end of February, reported a smaller loss in the fourth quarter. The casino operator posted a net loss of $139.2 million, or 29 cents a share, compared with a net loss of $433.9 million, or 98 cents a share, last year.

Net revenue was $1.5 billion, in line with analyst estimates.

MGM owns 10 Las Vegas Strip resorts as well as casino-resorts in Mississippi and Michigan and joint ventures in New Jersey and China's Macau. The company's Macau joint venture, which originally filed early last year for an anticipated Hong Kong initial public offering, is expected to raise about $800 million with the upcoming IPO, according to sources. MGM shares had closed at $15.54 on Friday on the New York Stock Exchange. They were down about 2 percent at $15.20 Monday before the markets opened.
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I'm ready to enter tonight, targetting $14.70.
ronn77
post Feb 21 2011, 10:50 AM

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QUOTE(danmooncake @ Feb 20 2011, 10:51 AM)
See how fast they changed their mind. It was just BUY EVERYTHING a day or so ago.
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well, that is the market where the price fluctuations is relying on few mouth that determine the market movement. the best way to buy or sell stocks is not to listen to those bad mouths but rely on our study and 6th sense to enter the stock which we feel under value or good to hold in short/mid/long term.
ronn77
post Feb 23 2011, 09:34 AM

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Does the Libya unrest will cause days of effect for DJ or just a spot? Yesterday slept earlier and luckily I did that or else should have entered my counter which has been further dropped from the 1st hour of trading. MGM looks good now, dropping close to $1 rclxms.gif
ronn77
post Feb 23 2011, 11:39 PM

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Just entered MGM @ $13.60.
ronn77
post Feb 24 2011, 04:08 PM

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If the Libya issue hit Arab Saudi then I'm gonna sell all my stocks + my underwear too...too scary
ronn77
post Feb 25 2011, 11:14 PM

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IT stoks seems having good rebound.
ronn77
post Feb 26 2011, 11:24 AM

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QUOTE(kelynn @ Feb 26 2011, 07:17 AM)
great,u got an excellent entry to this stock,i din manage to get in...this stock should not beaten like that a few days ago..but watch out again the libya issue..
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Yea, it's just about timing that any stocks u have bought 2 days ago should be able to gain something. My target is $1 if I'm not too greedy for this short-term holding as the Libyan issue still around and may affect the current movement.
ronn77
post Mar 1 2011, 09:15 AM

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Although DJ up close to 100 points but most of my stocks is down...sad.gif
ronn77
post Mar 2 2011, 10:13 AM

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Not sure if tonight is the right time to enter but definitely will keep my eyes on few counters that already begin looking attractive.

My watchlist (LVS,AMD,NOK,BAC,MU)
Looking to add to my portfolio (C,AIG,MGM)
ronn77
post Mar 2 2011, 11:28 AM

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QUOTE(zamans98 @ Mar 2 2011, 11:20 AM)
C and BAC still looking solid.

Adding in progress. Need to dump LVS.
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Dumping LVS?

Any news for this one?
ronn77
post Mar 4 2011, 09:41 AM

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just bought LVS yesterday @ 43.90, once deal done, it straight shoot down to 43.20 before recovering during the end of trading day.
ronn77
post Mar 4 2011, 05:52 PM

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QUOTE(danmooncake @ Mar 4 2011, 11:00 AM)
Dow 12258.20 +191.40 +1.59%
Nasdaq 2798.74 +50.67 +1.84%
S&P500 1330.97 +22.53 +1.72%

Dow rallied big today because of the lower initial claims and in anticipation of the job numbers tomorrow.

I'm just going to daytrade LVS from now. The overhang in the SEC probe and sharks lawyers surrounding it are creating a lot of
negative press. Today rally, not only LVS did not participate but dropped closed to 1%.

Unfortunately, this is a broken stock not broken company.  sad.gif
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if the job numbers showing good sign then could be another rally. same as u, lvs at this moment is good for intra day or perhaps just a short term play. worried the next libya appearing soon.
ronn77
post Mar 15 2011, 07:36 PM

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oh boy...thing looks scary.

this is overreaction from the investors, or probably speculators. in another couple of weeks or so, peoples will tend to forgot that Japan had tsunami and nuclear explosion, and buying like there's no tomorrow.
ronn77
post Mar 18 2011, 08:50 PM

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LVS is nearly dead now...wonder when it will climb back above $40. Casino counters looks weak lately.


ronn77
post Mar 23 2011, 09:33 AM

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You guys are truly diversify investors, from banking to techie and now mining...lol.

I still stuck mine at few counters which bought pre-libya issue...so unable to make most of the quick bucks trade lately.
ronn77
post Mar 23 2011, 09:53 AM

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QUOTE(zamans98 @ Mar 23 2011, 09:47 AM)
as Sifu Dan suggests - go with OPTIONS.

Mine is
FINANCE,  TECHNOLOGY and  MINING. The rest are situational play.
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I do not have experience in options and I think I will need to start learning on how to trade using options as you pro sifus here. Will it be better if attending classes or just purely learning by reading or googling?
ronn77
post Mar 24 2011, 09:59 AM

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Overall finance stocks seems heading lower yesterday. Any idea guys aside the BAC rejection to increase dividend?
ronn77
post Mar 25 2011, 10:26 AM

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Strong run by LVS form this week from low $36 and now hitting back at $40 level. Also glad to see MGM back to above $13 level. BAC looks a bit tempting now, might be take a peep for a day or 2 and trying my luck.
ronn77
post Mar 25 2011, 05:31 PM

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QUOTE(zamans98 @ Mar 25 2011, 10:41 AM)
Good run by LVS, should be back on track to $45. BAC is dying slowly, of painful death.  shakehead.gif
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Is there any more toxic assets that going to write-off by BAC? What about enter at this price?

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