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Real Estate News Releases
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(CHARTPOPPERS.COM, December 29, 2009 ) Point Roberts, WA - Chartpoppers.com announces an investment report featuring Resort & Casino company MGM Mirage (NYSE:MGM),
The investment report on MGM Mirage (NYSE:MGM) should be of particular interest to other Services companies; Wynn Resorts, Limited. (NASDAQ: WYNN) Las Vegas Sands Corp. (NYSE:LVS) and Century Casinos, Inc. (NASDAQ: CNTY).
To view the full report go to www.chartpoppers.com
MGM Mirage (NYSE:MGM), through its subsidiaries, owns and operates casino resorts in the United States. The companys resorts offer gaming, hotel, dining, entertainment, retail, and other resort amenities
Recent News on MGM Mirage (NYSE: MGM)
Options traders are doubling down on MGM Mirage (MGM), betting a new 67-acre (27 hectares) complex of gaming tables, hotels, condominiums and stores will restore the casino operator's profits.
Investors buying contracts to purchase MGM for twice its current stock price through January 2011 helped drive the number of bullish options on the shares to 1.5 times the level of bearish ones, the highest ratio since June 2008, according to data compiled by Bloomberg. Existing January 2011 $20 calls increased 12-fold last week as the shares fell to $9.50.
"It's an aggressive play," said Frederic Ruffy, the senior options strategist at WhatsTrading.com, the New York- based provider of options-market analysis. "They're looking for a substantial move higher."
MGM, the Las Vegas Strip's largest casino owner, is counting on the $8.5 billion CityCenter resort, which opened to the public on Dec. 1, to reduce its $13 billion long-term debt load. MGM shares have dropped 31 percent this year, following an 84 percent drop in 2008 that ended a nine-year rally.
To view the Consolidated Investment Analysis on MGM Mirage (NYSE:MGM), Please visit the stock pulse page at www.chartpoppers.com
In the report chartpoppers.com covers a recent Financial Summary, Analyst Consensus, Technical Analysis, Comparative Analysis and Insider Trading Activity.
The full report is available at www.chartpoppers.com
Chartpoppers.com is a market research and investment commentary provider. Chartpoppers.com aims to bring undervalued, up and coming companies into the sight of both experienced and non-experienced investors. We try to help investors, at whatever stage in their careers, to get a grasp on the necessary financial data that they need in order to make a educated investment decision. From our daily trading ideas to a in depth coverage of whatÂ’s going on in the markets, we are sure that chartpoppers.com is exactly what you need in order succeed.
For More information please visit us at www.chartpoppers.com
Chartpoppers.com Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. ChartPoppers.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
CHARTPOPPERS.COM
Paul Marek
6047245332
info@chartpoppers.com
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