for Luke & xxxcent
If anything i post upset you , your welcome, glad to bring meaning
to your lives.
You all start to read a post, you dont like it so you keep reading ,
WHY?
You just cant stop yourself so we must do it for you ? If so how?
Why are "we" responsibille for your feelings anyway ?
Reminds me of a local who constantly complains of strip joints &
knows every stripper's name.
You were warned!!!!!!!!!!
···
****************************************************************
Stock shi*
WYNN= finally sold some at 150, sold the rest at 160,(went to 180s)
bought back in at an average 135, around 116 now.
I STILL think that WYNN will be a $200 stock about the time Encore
opens, 2009.
Biggest problem may be Steve Wynn's health if he retires soon, the
stock will probaly tank with the announcement as wall street will
over react but Mr Wynn has already has the personnel in place to run
the company in that case, might be a buying point ?
RIP STN casinos, got 90 but rather kept the stock!!
IGT= down for year, the runup in price in 2006 was in advance for
large orders from new casinos that did not happen yet. Still running
3 shifts plus some overtime.
Earnings release & phone confrence Jan 17, go to web site for info
if interested. Sales to Macau should affect earnings.
Boyd= still dont like management , less so since Gaughn left.
Harrahs=gone private
MGM=Co. fine but thought others better buy. The LARGE buy in from
the country of Dubai has caused me to rethink & to do more research
however, those boys are real shrewed with money.
non gaming stocks
Alteria (MO)= the old Phillip morris cigarrette co.
good dividend + over sea markets exploding , splitting co into 2
domestic & foreign wil increse vaule. Still owns some of Kraft
BGS= a food company that buys unwanted brands from mergers, Cream of
Rice,Ortega , Las Plamas, Grandma mollases, Underwood, Vermont Maid,
& Wrights are some of the brands.
8.2% dividend is nice.
VGR=a generic cigarette co. + large ownership positions (40%or more)
in resorts that cater to the "Rich & Unknown & who want to stay that
way" in Fla. Hi. & the carolinas.
7% divivdend.
plus coke & pepsi ,yum brands, deere , Procter & Gamble might be
worth a look, all have strong overseas bizness.
ETF's
MOO= etf for agribizness, Monsanto, Derre, etc. If you think that
the demand for food will continue to grow world wide as the world
gets richer check out this etf. Only 6 months old but stong
perfomance.
EFA=etf for the stock index EAFE, europe, Australia, Far East.
Over 1430 companies world wide, Long time strong performer.
If you think the dollar will go weaker in the future, and I do, &
the world economy will grow faster than ours, and I do, then this
might be for you.
Please go to Yahoo finance & research on your own. DIY is the only
way .
More later
M J