Short International Game Technology (IGT) - Steve Patterson

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Short International Game Technology (IGT)
Aug 01, 2008 04:50 PM UTC

Steve Patterson

Return	Risk
-16.53%	MID

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Symbol	Sentiment	Start	Return	Closed
IGT		08/01/08	+2.11%	--
WYNN	n/a
MGM	n/a
LVS	n/a

Via FastSwings.com - Steve Patterson:

The Casinos business has been under pressure for some time
now with the US
in a recession type environment and travel expenses escalating. Names such as
Las Vegas Sands (LVS), MGM Mirage (MGM) and Wynn Resorts (WYNN) are grouped
together as an industry having difficulty. MGM Mirage the weakest of the three
with both declining revenue and earnings estimates.

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