Reply to thread

Message: [QUOTE="WhodeyX, post: 843931, member: 20894"] As this does sound like a great investment in the future, I would definitely not buy now. That stock is going to most likely dip below $3 in the very near future. If you pick up last Sunday's New York Times, they have a front page article dealing with the horrid downswing the casino industry is having right now. Everyone thought that the industry was safe after staying strong post 9/11 and up until now. With gas prices rising and consumption spending going down, people are spending less at casinos which means casinos are probably going to cut back on their bigger projects. I work in sales for CDW and situations like this are bad for the higher-brink technologies. I completely agree that this stock has potential after our nation gets out of this rut, but right now is not the time to buy low anywhere in the casino industry. [/QUOTE]