Sharebuilder is a good thing. You definitely are building a portfolio. I might consider adding a financial services company like Citigroup (C) or maybe Wells Fargo.
Sharebuilder is nice little place to start an account. It really adds up given some time. I might suggest Chico's ([b:ce6effceb0]CHS[/b:ce6effceb0]) as a wise investment. They are a womens retailer that has been doing exceptionally well for quite some time.
Looks like a decent start. If you are planning on buying and holding for many years definitely get stocks with competitive advantages and strong brand names. I would say add some Harley Davidson to your portfolio. Its one of the few companies that people TATOO the logo on their bodies!
Mandalay Bay looks like a decent company and a decent stock. Their numbers are pretty solid and the P/E is around 20. Not bad. The question is their growth rate. Can they keep generating gains in revenue?
Mandalay Bay news... [url]http://www.reviewjournal.com/lvrj_home/2003/Oct-03-Fri-2003/news/22289623.html[/url] This isn't good is it?
No, that isn't good at all. I particularly was concerned by the comment that they didn't "want to die owning a casino company". Wonder what led to their change of heart? Possibly the $120 million each they drew down.
That's definitley BAD NEWS. They dumped a quarter billion dollars of stock without explanation. If nothing else, that hurts the current shareholders pretty bad.
Weird attitude from those guys. Dumping ahead of bad news is illegal, so it will be interesting to see how their reports are.
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