11.22.2006

MORE MACAU

Captain Kirk offering $55 for 15 million more shares of MGM while owning about 56% of the outstanding shares. It seems obvious that he wants to own 100% and I refuse to sell at these prices. I mentioned MGM a few days ago as a casino stock that owns properties in Macau and hasn't ripped like LVS or WYNN. Well it looks like I wasn't the only one who saw the opportunity.

On a side note, is that GS trading at $201 plus?

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