Boyd Gaming Corp. (BYD)

All Comments on BYD

  • commenter
    User 218405
    Aug 29 03:24 PM
    Nevada: More Than Just Gambling? [view article]
    correction billddrummer, It's the only place to live.
    Daniel Kowkabany
    Reply
  • commenter
    billddrummer
    Aug 29 02:39 PM
    Nevada: More Than Just Gambling? [view article]
    Followup to my last comment:

    One of the reasons NV, and particularly Northern NV, is so popular as a warehousing hub is because it's within one day's drive of major metro areas (SF Bay, Bakersfield, Portland OR, Salt Lake City, UT). Represents nearly 50 million people altogether. Add to that the fact that weather is typically good year round (300+ sunny days/year, little snow/rain) and it's perfect as a distribution center.

    The downside to that is that modern warehouses don't need lots of people, so employment growth isn't as robust as we'd like. The recent challenges in the housing market have dealt severe blows to construction employment, which represented nearly 20% of workers at the peak of building here back in mid-2005. That sector is down about 30%, maybe more.

    But it's still a nice place to live.     Reply
  • commenter
    billddrummer
    Aug 29 11:22 AM
    Nevada: More Than Just Gambling? [view article]
    Another industry that's popular in NV is warehousing. There's no inventory tax either, and companies with large distribution needs have leased or purchased millions of square feet of warehouse space in Northern NV along a corridor stretching from Reno to Fernley (approximately 40 miles).

    In addition, the largest industrial park in the world is being developed east of Reno. The Reno Tahoe Industrial Center targets companies needing large acreage for warehousing, heavy machinery production, building materials manufacturing and distribution, and more. Wal-mart built a 1 million s.f. grocery distribution center in the business park as the first owner/user.

    Read more here:
    www.lancegilman.com/ma...

    As far as prostitution, it's legal in rural counties, but illegal in Washoe and Clark counties (where 85% of the population resides). Brothels have been hard-hit by fuel prices. A good percentage of their clientele is truck drivers, who are still paying $1000 to fill their trucks. Before, when it only cost $400 to fill up, some drivers would stop to relax.

    I love NV. Lived here for nearly 30 years, and don't see myself moving away.
    Reply
  • commenter
    JUst A Hick
    Aug 29 11:15 AM
    Nevada: More Than Just Gambling? [view article]
    How can the author omit PICO Holdings? Through their subs Vidal Water Company and Nevada Land and Resource Company, LLC , they have substantial operations and resources in Nevada. I consider this company THE only alternative to investing in Nevada other than the casino stocks.This is one of my core holdings in my retirement portfolio along with Leucadia National. PICO's symbol is PICO.It has had a pretty good run over the last few months so I am waiting for a correction to add to my position. Reply
  • commenter
    User 218405
    Aug 29 09:29 AM
    Nevada: More Than Just Gambling? [view article]
    This is an excellent well written article. This would be an opportunity for someone who wanted to move to Las Vegas to buy good property cheap and rebuild. You know buy low, sell high. I don't think you'll find homes such as BxCapricorn talks about in the better neighborhoods.
    Daniel Kowkabany     Reply
  • commenter
    WeeklyTA
    Aug 29 04:16 AM
    My Website
    Nevada: More Than Just Gambling? [view article]
    prostitution is a booming industry in NV, right? Reply
  • commenter
    User 155569
    Aug 28 07:51 PM
    Nevada: More Than Just Gambling? [view article]
    so what is the point of the author? you want to go long NV real estate? that would be incredibly stupid Reply
  • commenter
    jimmy46
    Aug 28 01:43 PM
    Nevada: More Than Just Gambling? [view article]
    And property taxes are lowwwwww!

    I have a nice 4 bed 3bath home in Reno, probably $300k now,
    the annual tax?
    Less than $1200, and by law they can't raise it more than
    3% a year.
     Reply
  • commenter
    BxCapricorn
    Aug 28 09:15 AM
    Nevada: More Than Just Gambling? [view article]
    We're also going to sport our fair share of bank defaults. Fortunately most of the "investors" that came over from California with their "winnings" from the gameshow that was California real estate, 2002-2006, also originated many of their carefully constructed loans in their home state. Unfortunately for Nevadans, those that speculated with our housing market (and certainly they were not all from California) entered and left the state like Visigoths (think Rome). Now we sit with thousands upon thousands of empty homes, largely uninhabitable, because plumbing, wiring, cabinetry, fixtures and carpets have been pulled out and taken. You really have to see these properties to believe it. Reply
  • commenter
    notsosmart
    Aug 26 09:09 PM
    My Website
    Best and Worst Performing Stocks of the Current Bear Market [view article]
    ever check out FRO. just declared a $3.00 dividend.well run & the ceo does not get paid.only dividends Reply
  • commenter
    capital
    pains
    Aug 26 08:41 PM
    My Website
    Las Vegas Housing, Casino Revenues Have Dropped Like a Pair of Loaded Dice [view article]
    MGM is the most undervalued gaming stock in the entire sector.
    It will only take a paltry $ 6.2 billion to take the company private @ $50 per share ..This will happen..When ? We don't know ..But, with deep pocketed Dubai. Kirk at a "young 91" It will happen ......It makes sense and the deal is so very doable .. ...It will happen ....
    Reply
  • commenter
    User 44928
    Aug 26 05:05 PM
    Best and Worst Performing Stocks of the Current Bear Market [view article]
    HK is a great little stock...lots of smiles in my portfolio. Reply
  • commenter
    User 199792
    Aug 26 02:55 PM
    Best and Worst Performing Stocks of the Current Bear Market [view article]
    Actually stocks will eventually correct 70%. If at the bottom, the ones that do not go out of business will be great buys. Which ones? Only the Shadow knows Reply
  • commenter
    User 218405
    Aug 26 11:17 AM
    Best and Worst Performing Stocks of the Current Bear Market [view article]
    Does anyone honestly think Las Vegas, the world's largest resort combine is just going to disappear? Then let me sell you some vacant land on Mt. Everest. This is a golden opportunity to accumulate LVS MGM, Boyd and Wynn shares at fire sale prices. If that wasn't enough, add Macau, the largest gambling mecca in the world which is frosting on the cake.
    Daniel Kowkabany     Reply
  • commenter
    capital
    pains
    Aug 25 03:52 PM
    My Website
    Commercial Real Estate Foreclosures [Housing Tracker] [view article]
    I was banished by Alpha for strongly disagreeing with the rosey picture Dan Ahrens has continuously posted on this site ...I expressly pointed out myriad reasons why LVS is a very special loser amongst the gaming stocks.. LVS is desperately seeking $9 billion dollars to fund its expansion plans. In this environment LVS will have to give up its" first born" to raise anywhere near that sum ..
    MGM is so severely undervalued that if you must gamble in this sector, only MGM presents a value. Plus, Dubai's deep pockets will ultimately gaurantee any MGM plans, both present and in the future.
    With Vegas in a deep recession and with the extortionist Chinese government messing with visa restrictions to Macau, I again state, as I have for 1 year now; the gaming sector is not the place to be !
    Hopefully Alpha will respect me enough this time around not to "punish" me for strongly disagreeing with the most wrong-headed analyst in the gaming sector ..Dan Ahrens ..     Reply
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