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Message Boards Settings Monarch Casino & Resort (MCRI) - Quote Info
Seems Undervalued     11-Jul-09 03:46 pm    
Just came back from a trip to Reno. Stayed at the Atlantis Monday - Thursday and the place was packed. Nice layout, good choice of restaurants, great views of Reno from the room.

The casino is not located in the downtown area so this seems to help keeping the guests at the casino rather than walking around to the competition.

Several casinos have closed downtown and this should help the remaining casinos get more business.

The Reno convention center is connected to the hotel so any events their would feed business to the casino.

Debt levels don't seem out of wack. Nice cash flow and earnings.

Seems like someone noticed and was in buying mode yesterday.
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newbury433

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Georgia


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  Subject Author Rating Time of Post (ET)  
 
Seems Undervalued
newbury433 Not rated 11-Jul-09 03:46 pm  
 
You are very correct...the debt is only 1/2 the ma...
cozzi38 (1 Rating) 11-Jul-09 04:17 pm  
 
Somebody is seriously manipulating this stock. Ta...
socalengr Rate it 13-Jul-09 05:46 pm  
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Monarch Casino & Resort Inc. (MCRI)

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At 4:00PM ET: 7.52 Down 0.11 (1.44%)
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