Tuesday, February 03, 2009

MGM (NYSE:MGM): Any borrow?

In case youre wondering why MGM (NYSE:MGM) is down only 8% on this Citi call I suggest you try finding some shares to short. There's no one I know, that was able to get short MGM today.

It also looks like shorting Wynn Resorts (NASDAQ:WYNN) was the best thing to do.

I did think about shorting WYNN but hesitated given the early strength the stock was showing in the pre market.

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