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MGM - Gaming Stocks: Crap Shooting Pros And Cons In A Devastated Sector
MGM Resorts International
Project two possible scenes all too familiar to investors 6 months from now in the hoped-for aftermath of the coronavirus threat.
Scene One: You are pouring over your portfolio, totaling up your losses. Given the damage the virus may have inflicted on your holdings, you smile, pat yourself on the back. You are a very happy camper considering. You saw the sector’s falling knife’s descent and got out of the way. Your first loss is your best loss they always say, you tell yourself. It could have been a lot worse, you think.