MCRI ==> The Veteran's Day Winner

[mrmarket]

Well I was wondering what was up when the big ditch happened..

I called MCRI investor relations that day and asked what was up and they rather sheepishly answered that they had just filed notice that the CEO had sold 2 million dollars worth of his shares of the company..

Sounds like he knew it had hit the top and he got out.. <sigh>

I have my stop loss in.. and if it hits anywhere near my entry price of 35.04
I am going to take my 25K and find somewhere else to put it..

It may hit 42.00 and I wish you well MM.. but a lot of people have been
scared off..

If you look at the insider sales .. ABSOLUTELY NOTHING TO SPEAK OF.. and then this.. Makes people wonder if there is something else to think/worry about in some upcoming numbers maybe? or a *BIG* capital expenditure they are planning to make...

-Stephen

Insider buying is bullish. Insider selling is not necessarily bearish. The guy wants to pay himself. How long must he wait? If someone posts that customers are no longer going to the casino, I will sell. Until then, I am holding....remember the mantra...earnings earnings earnings..

[mrmarket]

Once could derive from the CEO sale that a takeover is not imminent (at least one that the CEO knew about). That doesn't mean that it won't happen. Some of the selloff was probably related to some of the steam coming out of the takeover bubble. I'm not worried about this one at all. It is a pure casino play in a very good industry right now.

[scifos]

Right, it should come back. But when? and what could you be doing with that money in the mean time?

[mrmarket]

Right, it should come back. But when? and what could you be doing with that money in the mean time?

betting on USC to cover the 22 points vs. Notre Dame?

[scifos]

betting on USC to cover the 22 points vs. Notre Dame?

Sounds like that would be easy money. Personally, I think USC is overrated, but Notre Dame isn't that good.

Perhaps it could be put in VDSI? (+22% today)

EDIT: and another 16% again today

[mrmarket]

we're BA - ACK....

[scifos]

Note, stopped out of VDSI at 6.03 for a profit of 49%

[jiesen]

we're BA - ACK....

back in business again! Go MCRI!

[mrmarket]

Don't you feel bad for those poor CANSLIMers who got stopped out of this one???

Stops are for wimps! See you at #64!!

[Websman]

Don't you feel bad for those poor CANSLIMers who got stopped out of this one???

Stops are for wimps! See you at #64!!

I used to think that Canslim was great. Now I think it sucks. I won't be renewing my IBD subscription.

[billyjoe]

Who needs Can-slim we've got MARKET-HUGE
billyjoe

[mrmarket]

BJ....Why don't you post your awesome thread on Mr. Market vs. CANLSIM on IBD? I'd be interested to see how they all weigh in on it.

[billyjoe]

Mr.Market,
Was thinking about that. Being a former stockholder in AH I've got some free samples to help prepare for the attacks to follow. It will appear this evening.
billyjoe

[mrmarket]

CANSLIMers would have sold at a loss....I feel bad for them (actually I don't).

[mrmarket]

Doh! It passed my target but I was online buying Yanks/Red Sox tickets at the time.