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Old 11-07-2013, 01:05 PM   #298 (permalink)
andre12031948
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Join Date: Feb 2011
Location: monticello new york 127
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andre12031948 has a spectacular aura aboutandre12031948 has a spectacular aura aboutandre12031948 has a spectacular aura about
Default Bought back a large position in Empire resorts/NYNY

That's because at $5 this stock can be a double or more, or a crying mess

4 casinos were approved. Saratoga in my opinion is an 80% being one of them. Yonkers at 50%. Empire resort/NYNY 99%. The 4th ???? Maybe in Ellenville 35% chance.

So if/when NYNY is chosen, after that time or before, Genting owners of the Aqueduct racetrack racino & 80% owners of NYNY might buy out the rest of the stock holders. There's also a very good possibility that Ceasars or another giant casino player buys out the resort. If that happens, the price of a share might triple or more.

The down side & I've said it before, It's NOT an investment!!!, it's a gamble.

If Empire/nyny does NOt get picked, you will lose most of your money....
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