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....