roulette casino table for saleMGM Resorts International (NYSE:MGM) board directors and executives are stepping up to support a stock hammered by the coronavirus pandemic – one that’s off 60.Insider Buying MattersExecutive Vice President and Chief Accounting Officer Robert Selwood, Executive Vice President and General Counsel John McManus, and Atif Rafiq, President of Commercial and Growth, were among the other executives purchasing MGM stock.Nomura Instinet analyst Hatop 10 free online poker sitesPaul Salem – the MGM director that made a splash last May buying more than million worth of the stock – added to that position with the purchase of about 250 shares, according to the SEC.Looking to allay Wall Street concerns about liquidity, MGM recently tapped a .5 billion credit revolver to access more cash, and the company has .gta 5 casino blackjack guide

golden nugget casino near me

chinook winds casino winners circleAll told, 16 MGM board members and executives bought some stock in recent days, gobbling up a name that has been battered by the COVID-19 pandemic.Some investors are getting worried about casino operators’ cash positions.While company directors and executives may sell stock for any number of reasons – not all of which are negative – including a need to raise cash or to diversify personal portfolios, insider buying is generally viewed in a positive light because the investment community believes those with intimate knowledge of a firm only buy shares for one reason: because they think the stock will appreciate.online slots real money philippinesJust weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.2 billion in capital from Strip real estate sales, giving it what Murren called its strongest balance sheet in decades.Nomura Instinet analyst Hadoubledown casino vegas slots free chips

hard rock hotel casino lake tahoe tripadvisor

riverwind casino eventsLast month, Murren sold 689,000 shares of MGM stock at an average price of .87 billion.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.The stock trades around at this writing.While company directors and executives may sell stock for any number of reasons – not all of which are negative – including a need to raise cash or to diversify personal portfolios, insider buying is generally viewed in a positive light because the investment community believes those with intimate knowledge of a firm only buy shares for one reason: because they think the stock will appreciate.Paul Salem – the MGM director that made a splash last May buying more than million worth of the stock – added to that position with the purchase of about 250 shares, according to the SEC.poker casino set