You are currently browsing the Frakarme.com weblog archives for the day 1. July 2010.
1. July 2010 by frakarme.

I bought some shares of MGM casinos and resorts last week thinking I was getting a great deal around $11.30 a share. Then I bought even more to average myself down when the stock decided to plummet to around $11.00. Three days later,I’m still losing money as the stock continues to drop more and more with seemingly no end in sight as if there were absolutely no resistance points in the stock. =/
I’m hoping the bleeding stops soon, because MGM has always been good to me in the past. At the rate things are going though, I feel like I would of had a better chance to make money by gambling in the casino, rather than on it lol.
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