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The Company owns and operates three casino hotel properties in Atlantic City, New Jersey: Trump Taj Mahal Casino Resort, Trump Plaza Hotel and Casino and Trump Marina Hotel Casino.
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wvwheeling (99.80) Submitted: 11/06/06 4:53 PM : Start Price: $21.10 TRMP Score: 62.04
Is almost 1.4 billion in debt, didn't earn money last year, gambling while profitable is a relatively competitive marketplace. Best of all, is owned by Trump who has constantly enriched himself at the expense of investors through the years. No such thing as a sure thing, but you gotta love this one.
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wvwheeling (99.80) Submitted: 11/09/06 4:58 PM
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OK, so Trump sadly isn't directly involved in running the company anymore. And the real estate value is high enough to make it a potential takeover target. But is overall in a very weak competitive position relative to other companies that aren't overwhelmed by debt.
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huddaman (75.20) Submitted: 6/05/08 11:00 AM
how does he enrich himself at the cost of investors in this project?I can see that this project is a sucker, but how is it helping him personally?