MGM Resorts (MGM) – 06-30-2010
June 30, 2010 at 8:03 pm · Filed Under Bearish, Swing Trades
Is anyone going to Vegas nowadays? Actually, I think I am soon, but that’s beside the point. I’m bearish on this whole group right now, but MGM is my current favorite. It’s a bit overextended now, but you could look into WYNN, LVS, etc. too and pick the best looking one whenever you’re actually opening your position. I am hoping for another weak attempt at a rally to give some better short points, but I have doubts that the bulls can muster any more strength.
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