MGM MGM Resorts International

$MGM $DKNG flipped to green. Whole sector about to flip green, taking a pointless besting lately. Easy money made on solid companies.

$MGM there has to be a deal happening. Seems if a deal was not imminent they would announce share buy back. Either MGM buying People, or Diller buying MGM. What other conclusion can there be? Letting the stock bleed seems counter productive to all interested parties?

$MGM and $DKNG are solid buys here. Just started patios on dkng. Been already loading mgm this week as well. Was in Vegas few weeks back and MGM properties were all absolute slammed. Full occupancies, tables and floors packed, restaurants busy… next quarter is looking well.

$MGM lol nobody ever said a buyout deal was entirely off. 32 to 50 is a hell of a gap wide open.

$MGM if they acquire People Inc. it would indirectly reacquire People’s 66.8 million MGM shares which is roughly 27% of MGM’s outstanding stock. A plausible outcome would be retiring those shares, significantly reducing MGM’s share count and increasing every remaining shareholder’s percentage ownership. https://www.wsj.com/business/hospitality/mgm-resorts-eyeing-bid-for-barry-dillers-people-incorporated-b506c037

$MGM so I guess the deal fell through but we don’t have the privilege of knowing this like Barron

$MGM Something is brewing behind the scenes there is absolutely no way Barry does not try buying this again new offer $40 per share (And in Musk’s words) funding secured, mark it

$MGM how are there just no buyers, no matter how low it goes? Is 30 going to hold? This is just wild!

$MGM Barry paid like $12 average for his shares he can average by buying the other 73% that he doesn’t own for $38 per share and have a average of about $30.98 per share he would be crazy not to make a revised offer most investors would take $38 per share now, I do not expect him to walk away this has become to cheap for him to walk away now, mark it!!!

$MGM The market is intentionally forcing this down to drive out retail investors, the company is way undervalued what the hell is management doing to buy Barrys shares back? You can almost guarantee Barry is working on a revised offer and securing funding this is grossly undervalued

Some massive $MGM put sales - Notably the $60 put sold with huge size. Could be institutions establishing long exposure through put selling.

https://stocktwits.com/news-articles/markets/equity/mgm-ceo-signals-possible-acquisition-of-top-shareholder-people-inc-as-casino-m-and-a-accelerates-report/cZMF1yiRBLi If $MGM could buy back 27% of their total shares at 50% of the current depressed price of $32.58 would they do it? Let us figure out the purchase offer for PPLI that would accomplish just that. The 66.8 mil shrs of MGM that PPLI owns equals $2.176 Bil, so they would need to net pay $1.088 Bil on the BO to get their shares at a 50% discount. They could keep the PPLI VC portfolio (Turo plus more) and cash out $0.4 Bil later, and also keep $0.6 Bil of the PPLI cash They could then IPO a clean, higher leveraged, print and digital media company at a conservative 1.1x sales and 7× EBITDA at $2.4 Bil. So they could pay a total of $4.488 Bil ($1.088+$0.4+$0.6+$2.4) which equals $60.28 per PPLI share ... The only question now is if Diller -- with overall 46% voting power thru class B holdings-- will accept this price ... Upon dropping his MGM bid, Diller did signal he was willing to still do a deal together. I expect a BO offer this week of $55 to $60 !!! 👉 LIKE & FOLLOW

$MGM Diller walked away. People withdrew its $18B bid to take MGM private Wednesday evening. The numbers: $48.30 a share offered in June, which sent MGM to an 18-year high. $34.40 in premarket trading Thursday, down 9%, on track for the lowest open in seven months. The whole bid premium is gone. People still owns 27% of MGM. Diller's explanation: "we didn't feel the mix was coming together in the way we had hoped." No other reason given. This was the second casino take-private this year after Fertitta's Caesars buyout in May. Diller said he's still open to a strategic transaction with MGM.

$MGM That deal was set up so they could sell shares at a very over valued price? I mean what a deal right! This company eats it's own.

$MGM I think the volume is what's killing us right now, we don't have any volume, so it's not moving up any.

$MGM I am shocked that there has been no meaningful bounce here. Arguably, 50% upside from this level. No technical or financial reason for it to be this low. Way over blown from the offer falling apart, IMO.

$MGM $PPLI these clowns have absolutely no plan to buy either company. They’re literally just pumping each part of their stocks and shorting it in the other direction as they scoop up your shares. Absolute manipulation at the expense of retail.

$MGM shares drop 8% after-hours after Barry Diller's People Inc. withdrew its $18 billion proposal to acquire all public shares of MGM Resorts, with Diller citing that "the mix wasn't coming together" despite retaining a 27% stake and confidence in the company.

$MGM • The Technical Bear Case: From a purely short-term technical analysis standpoint, the immediate momentum heading into October shows a "Strong Sell" consensus across moving averages and technical indicators.

$MGM The average 12-month analyst price target for MGM Resorts International (NYSE: MGM) ranges between $48.44 and $52.61, depending on the tracking platform, with a current stock price of approximately $30.50. Key Price Target Metrics • Average Price Target: $49.33 – $52.61 • High Forecast: $57.00 – $63.00 • Low Forecast: $35.00 – $40.00 There are no limits anymore; short sellers have already gone too far.