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mrvegas

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mrvegas

Re: 2ez post# 1712

Thursday, 08/25/2011 3:33:29 PM

Thursday, August 25, 2011 3:33:29 PM

Post# of 2721
Mutual fund companies are just nervous because the world news/bank markets are so unstable. MGM is in a great position to go up. Cramer said invest in broken stocks not broken companies. This company is getting better but the stock is just down from the world news. So this is a broken stock not a broken company. The mutual funds play it safe on bad world news and cash out.
I saw MPEL go down to 3.80 and when it got upgraded to moderate buy it took one month and went to 8, lingered there a couple weeks and went to 14.
The big mutual funds will start buying more MGM soon. I missed out on MPEL but won't miss out on this. Were both in a good position here.
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