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I think you are right- banks are going to make a killing !!
Casino stocks are strong today as the Las Vegas Review Journal reports that Neveda gaming revenues, released by the gaming control board this morning, jumped 13.9% in February; its first double-digit increase in gaming revenues since July 2007. Buoyed by results from the customer-rich Chinese New Year celebration and Super Bowl weekend, Nevada casinos reported total gaming revenues of $946.6 million during the month, a 13.9% increase YoY. On the Strip, casinos collected almost $568 million in gaming revs in February, a jump of nearly 32.9% compared with $427.4 million in the same month last year. The figure was the largest single-month increase since Nov 1999; MGM (+6.5%), WYNN (+3.8%) and LVS (+3.1%) have the highest Strip exposure -- all three are trading at or very near 52-week highs. The statewide total was largest single-month increase since December 2006. ~55% of BYD (+4.5%) revs came from Nevada last quarter (more downtown and outside the strip exposure). Weak Las Vegas reults have been offset by strength in Maucau as of late; signs of a bottom in the Las Vegas/Nevada market are a clear positive, demonstrated by today's move. (BJK)
dwindle-- ie stock account--
US Treasury to Sell Citi Common Shares in 2010
Published: Monday, 29 Mar 2010 | 10:58 AM ET Text Size By: Reuters
The U.S. Treasury Monday pledged to sell all of its 7.7 billion Citigroup common shares in 2010, signaling a wind-down of the banking giant's bailout at a potential profit for the government.
LOL I don't bet in or on vegas-
Friends were in vegas said it was empty (relative) how can LVS be going up? (of course I've said this for the last 8 points) ?? are they getting bought?
wanted to check the shorts on AIG- do you have a site? thanks C
THANKS= care to comment on the rumors flying that China is a huge bubble and will pop this late spring?
THANKS FABIAN!! for the learing and the laughs-
why are they gonna be clobbered??
OT- splits on fingers from dry cold weather- 3000 mg flax seed oil ( capsules work) and rub vicks vapor rub on cuts-- they will heal in 4-5 days and not come back!
FBS+A anyone still holding this?
Newly - in this market why isn't realestate- both raw land ( with timber/water) or rental houses a good investment?
IBKC this bank is doing well down here and across the south--
didn't Buffett buy a lot of n. gas?? do you remember the stock? seems it dropped in half after he bought it-- (ngas??)
JImBO- are you still holding SRS?
a lot of trial lawyers are now in politics- does anyone know the number?
gfre ?? Now you can afford to get a muffler for the hog!
TLT - opinion/
you were smart ( again!) to lighten up yesterday - this co is tied to the small businessman- if it goes LOTS of small businesses go- do you think they are too big to fail?
cit+a still holding this?
Dent advised his conservative investors to sell at 8400- not sure I'd invest in this- he has called 3 tops in last 6 weeks but tags it with - but it could go higher-- lol
anyone else playing with SRS )
Read the information at the following link:
http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/MutualFunds/P119778
Specifically read the section "Real-Life Examples"
Dick Milde
Who made the most money from cas for clunkers THE UNIONS- who got Obama elected-
What happens if u have shares? will SRS DXD follow?
is this true or a rumor?? WFC bk!!??
http://seekingalpha.com/article/155967-crucifying-inverse-leveraged-etfs-why-now generic posted this- he still has SRS going to single digits!
is this the feds keeping the price up ?
Capitalsouth bank taken over by IberiaBank this weekend- according to a Sanford business school professor who spent 33 yrs as a commercial banker "the second round of loan losses is just starting with credit cards and commercial real estate just hitting"- He is predicting further bank failures in AL-
SRS still holding? are you using stops? tia
Joe-when the bounce happens are you going to sell or hang on? tia C
Fab-ian- do you like GSI here long term?
THEY BOUGHT THE COMMON shares??
are you buying these at these prices?
as soon as sell at 12-!
OPNION- how bout an SRS chart? is 11 the bottom? TIA C
with that news why do you think SRS will go way down?
on the SRS board Generic thinks there will be a reverse split taking it to 5- ?? I see he's herre i'll ask about it