Wednesday, January 4, 2012

MGM Again

Patience saved me on MGM, although it had me worried for a while.  Got in at $9.63 and stock was up over $11 yesterday.  Didn't get out quite that high but did well.  Hope you did, too.  I look for MGM to have continued volatility in line with economic news.  MGM does appear to have some interesting projects in Asia, however, which could help stabilize the stock.  Still, its US exposure will override this factor in the near term.

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