Seeking Alpha

Alex B. Gray

 
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  • Archon Corporation: Betting on Its Real Estate [View article]
    Tim,

    Thanks for adding good information to the conversation and noting the share repurchases.

    I agree the company should be able to recoup at least part of their losses if they do not prevail in the lawsuit brought by the preferred shareholders. Let's hope the law firm had their E&O policy up to date.

    There is no doubt that the property on the Strip is one of the primary catalyst to create real value. I also think they may have some decisions to make with regard to the Casino operations if the business continues to deteriorate.
    Mar 2 04:32 PM | Likes Like |Link to Comment
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