User 500862

Institutions Doubling Down on MGM

dude take a chill pill....


On Oct 24 12:28 PM capital pains wrote:

> Since risk has gone completely out of the market why not pour more
> money into a loser ? If Mr. Kirk has decided fo finally lighten up
> on his gigantic holdings, why would anyone do the opposite ? Mr.
> K was decimated with his huge position in MGM - Now it's more botttom
> fishing time, that's all it is. In case the author hasn't noticed,
> there is a huge bubble in the Macau market. 25% of the 'whales' constitute
> 70% of casinos revenues. All casinos vying for the same small pool
> of fish, does not sound like a recipe for growth. Plus, being tied
> in with Pansy Ho or any Ho family member is delusional and akin to
> abetting criminals.
> The little guy has long since departed the manipulated, corrupt market.
> Hence, who cares what the institutions do or don't do ? The last
> man standing will always be Goldman Sachs, the evil empire incarnate.
> That's all that matters to our inept government.
> If the atrociously managed MGM continues to lose money at a whirlwind
> pace, and they will, the institutions should be pouring more paper
> dollars in all the way down. So what ?

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Hey Rockefeller there is no 17 strike on Nov. BAC calls.... it's 17.50....

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uirbiubryb