MGM Mirage (MGM)

The house always wins and this will be no different. Sure it wont happen over night, but look for a return to profitability by mid 2010. Cheaper dollar will make it even more attractive to visitors from outside the US and the city center project will be a big draw without any new competition for years. Vegas has all the vices covered and the capacity to take advantage when consumers start spending on them again.

City center is around the corner

I think the Las Vegas/Casino based stocks are some of the best bets. Wynn, MGM, and LVS aren't going anywhere. Considering the DOW is back near 10,000, halfway back to its high, I can only imagine that as the rest of the country slowly recovers, you will see stocks like LVS which was once selling down near $2 a share back to $100+. The desire, want, need to gamble will not go away. The minute spare funds are available, casinos will be back to their prime. Companies like WYNN, MGM, and LVS are highly leveraged in their desire to expand, but will ultimately survive and be stronger for it. The timing of the downturn was bad, but even local to me (Western New York) the casinos here are upset that instead of making $120 million, they only make $102 million. Believe me, they aren't losing money and the only thing that has these larger traded companies in a bind is the poor timing to be highly leveraged. I don't think they are losing any money, they have just lost all ability to find financial flexibility, further leverage themselves, or possibly to maintain any loan covenants that would otherwise be a non-issue. As the economy recovers, their significant investments will pay off, their leverage will increase, they will be back to having financial flexibility, and they will again thrive.

MGM is going back up. It has reached a basement of about $9. Look for it to continue it's upward trend and reach $12 in a week or so. Then it will continue its roller coaster ride back up to the $15 level soon. This is a good day trade stock or long buy

Once the citicenter opens and starts getting a flow of customers in, this destination will prove to be one of the world's hippest, and coolest places to be, and it will turn to big profits.

opening of city center in december..12 billion dollar project completed high tech will draw foreign travelers and buyers...

People will return to Vegas when the economy picks up. Now is the time to pick up this stock for cheap

People gamble, we know that. People will always gamble, we know that. Where do people go to gamble? MGM Mirage is certainly a huge player. This company has gotten there act together and i think they have learned how to play the market and attract people in. I am curious to know what percent of their money is made on return visitors. anyone that can keep customers coming back, especially in these uncertain times, is a winner in my book.

Has a large number of Casino's on the Las Vegas strip and as economy rebounds price should break wide open.

insane price growth, if you are an average investor i'd avoid this stock as it's like playing with fire at these levels. I see more up side but you can easily get burnt with this is you don't know what your doing.

MGM has high potential if the economy gets better. As we've seen in the last few days.

they just follow LVS

They will start to shop profit growth.Debt will become easier to refinance for them and the opening of a new monsterous casion . Macau picking up , this is a 30-40 dollar stock in 2010

Don't bet against these guys! Las Vegas will always be a draw to foreign and domestic tourists. They were able to restructure their debt and bring on a cash infusion from a Dubai partnership. They are on-schedule to open their Center City Mega-project on-time and on-budget. And while they are up significantly from their March 2009 low, there remains significant upside. Use short-term turbulence as buying opportunities.

The opening of Las Vegas's largest and hottest casino will open on December 16th, 2009. This casino and hotel will be a huge revenue generator. pps by December: $14.

New casino coming

New facility will drive convention-sized crowds to a one stop shop,,,,Not sure where the top is, but I don't think this is it.

MGM promises to improve the struggling performance from it's Macau operation, which accounts for only 5% of the bottom line. However City center will come online and may draw some of the attention from it's existing properties, it is still going to get the attention of the competition. They are also expanding elsewhere across the globe to diversify there revenue stream.

The economy will recover, and this stock will be back over

$50 in two years.