LogFAQs > #935850297

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red sox 777 03/18/20 2:15:07 PM #165:	CaptainOfCrush posted... As a Vegas guy, I've been looking at casino stocks. Station Casinos (local) chain was trading at $26 a month ago. Right now it's at $3. So many of my friends are gonna lose their jobs. The stocks are down so much it feels like the market thinks some of these chains are going bankrupt. Management has been so aggressive for decades at overleveraging, buying back shares, and borrowing money, they can't withstand closing for a month. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:935850297] in Stock Topi... [t:78451720]...</cite> <quote>CaptainOfCrush posted... </cite> <quote>As a Vegas guy, I've been looking at casino stocks. Station Casinos (local) chain was trading at $26 a month ago. Right now it's at $3. So many of my friends are gonna lose their jobs.</quote> The stocks are down so much it feels like the market thinks some of these chains are going bankrupt. Management has been so aggressive for decades at overleveraging, buying back shares, and borrowing money, they can't withstand closing for a month. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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