[LIS123]

If you're buying at these levels, you probably have more to gain than lose as it relates to the stronger companies (LV Sands, MGM Mirage, Wynn, etc.) LVS, for example, may never return to $150/share, but anyone who bought at less than $10 will be sitting pretty if it even goes to $20+. I think you should hold on.

[dynimagelv]

The WORST that happens is the LVS goes BK and shelly Adelson reaches into his OTHER pocket and buys it out of BK for cash.

[Jonotastic]

Originally Posted by VegasChick

I've been buying up Vegas Sands (ok on a small scale).. but as you said above, it could be the investment of a lifetime! I honestly believe Vegas and its' casinos bounce back and these stocks will never be this low again. I hope it pays off.

I think so too, it's just a matter of having enough self control to not touch it until it reaches the price range you are hoping for. I still own GM, I'm waiting for the freaking bailout to happen so I can sell it and buy Sands before it goes up another 15% lol.

[airics]

but if it goes bellyup, you lose it all.. might as well buy Sirius

[daveyjones978]

But if you buy it now... (I just checked, it's at like 5.54); and are willing to sit on it.. would it be worthwhile? Or is it gonna turn into another dog stock?

[Jonotastic]

I am almost certain it will go up to at least $10, but I think if you have time and are willing to wait until the economy turns around it will go up much higher. The only risk I see is if the company goes bankrupt.

Regarding Sirius, I just don't like how the stock doesn't fluxuate much during trading hours. It may be up 4.75% for 10 minutes and then change to 5.10% for another 10 minutes. I don't know why, but that scares me. Also, I don't see the demand for the product to continue. People who listen to the radio also like to hear their local DJ's speak. The other people all have iPods or mp3's hooked up to their car. I've never met anyone who listens to Sirius, it just seems crazy to pay for radio, when you could just invest in an iPod or deal with the local radio commercials.

[airics]

i dont think sirius is going anywhere, heck its installed in almost all of the gm cars, several rental car companies, and if you have ever had it, you would never go back to regular radio

[jfkIII]

this is no time for investing in the market. It's like saying you're going to buy a house in LV because it can only go up in price/value.

[airics]

hmm..imo... it is the best time to invest....

[dynimagelv]

better then when it's high and gonna go down.....it's a gamble......