thanks for worrying about me and my position but MGM can go to zero and it won't bother me what-so-ever, but thanks for caring although I doubt you are really worrying me, maybe trying to play the mind games a little to hard don't you think.
Here is my advise to anyone that might want to buy MGM.
1-MGM is a S/T speculaltion play and you can lose at least 50% of your investment, plain and simple.
2-I beleive the risk/reward on this stock is very favourable for good success and we have gone over already many of the points that suggest this, no sense hashing it over and over.
3-there is big money involved and there are big egos involved, and that again is a good thing.
4-if the shale oil flows in commercial quantities, then MGM will convert from a speculation play to a fast high growth play because they will be sitting on top of millions if not billions of barrels of oil.
5-if you seriosuly think that the SP, won't move with any decent oil flow data, you need to get your head examined or again me thinks you protest too much.
bottom-line, if you don't own MGM and you have some speculation cash, then I think MGM is a great play for you. If you can't afford to lose money, then certainly don't take the risk, no one is telling anyone to load up the truck with shares.
this is the only point I'm trying to make but my knowledge and my logic doesn't seem to make any sense to some of these people and apparanetly I'm over-leveraged and I'm going to lsoe my shirt, LOL.
whatever