Monarch Casino & Resort, Inc. (NASDAQ:MCRI)
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Through its wholly-owned subsidiary, Golden Road Motor Inn, Inc. the Company owns and operates the tropically-themed Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada.
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Time to go long Monarch at $16.70. Debt free casino impacted near term by weak national economy and ongoing construction and litigation expenses. This too shall pass (line) for you craps players. After today's selloff, debt free, 20% ROE grower looks like a good risk/adjusted value proposition for paitient longs.