Tag Archives: investing the hard way
- Investing The Hard Way: Remember Wynn?
October 28, 2013
It's probably kind of hard to feel bad for a billionaire, particularly when the share price of his main company has risen by 50 percent over the last seven months. It would seem equally difficult to forget a billionaire, particularly one who is known for his candor and his long...
- Investing The Hard Way: The New Caesars Seems Same As The Old Caesars
October 22, 2013
Less than a year ago, Caesars Entertainment (CZR) was, at first glance, in a very different situation. Most notably, its share price was seeing a sharp decline; after climbing from an opening price of $10 in its sharply criticized IPO last February, shares would fall by some 75 percent in...
- Investing The Hard Way: Where Zynga Stands Now
October 14, 2013
The stock market can be a funny place sometimes. If you were familiar with the social gaming business, and/or followed our coverage of the industry on this site, you probably wouldn't think too highly of Zynga (ZNGA) right now. You'd know that the company abandoned its real-money gambling plans this...
- Investing The Hard Way: Third Quarter Review
October 7, 2013
It sort of happened without anyone really noticing. After a sleepy second quarter – where gambling stocks rose just two percent and the most news-worthy event seemed to be Sheldon Adelson's rant against online gambling – the third quarter really didn't seem much different. Sure, Caesars Entertainment (CZR) announced a...
- G2E Recap, Day 2: The Money Guys
September 26, 2013
After Wednesday's morning keynote at G2E, the “Finance” track offered two sessions that delved into more detail about the challenges facing the Las Vegas and US gambling industries. In the first session, moderator John Restrepo and a panel of financial experts asked a simple question: Is Vegas back? The answer appeared...
- Investing The Hard Way: Can IGT Maintain Its Current Run?
September 23, 2013
Nearly a year ago I wrote an article for this site in which I called for International Game Technology CEO Patti Hart to be fired. I questioned a number of Hart's decisions, including the 2011 purchase of Entraction, an oddly timed accelerated stock buyback, and the half-billion dollar acquisition of Double...
Ask not where bitcoin will be tomorrow, but 10 years from now
September 19, 2017
Why the SEC really rejected the Bitcoin ETF
March 14, 2017