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mgm grand casino near meWhile 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.Just weeks after selling shares, MGM CEO Jim Murren is among the insiders doing some buying of the gaming company’s stock.Outgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.sam s town gambling casinoOutgoing Chairman and CEO Jim Murren was among the buyers, picking up 6,000 shares of restricted MGM equity, according to the SEC.Last month, Murren sold 689,000 shares of MGM stock at an average price of .Along with its rivals in Las Vegas, MGM is wrestling with the governor-mandated Nevada closure of all gaming properties for 30 days because of the coronavirus.borgata casino host phone number

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