Read the story here. Advertise at Before It's News here.
Profile image
By Investment U (Reporter)
Contributor profile | More stories
Story Views
Last Hour:
Last 24 Hours:

Vegas Was Closed… but This Casino Paid Out!

% of readers think this story is Fact. Add your two cents.

Las Vegas might not be reopening until June 4, but that didn’t stop us from beating the house this week with a bet on casinos.

That’s exactly what War Room members did in a classic “buy on the rumor, sell on the news” type of event.

And in the longer term, there is more money to be made.

With one look at the regional casinos in places like Mississippi, you can get a taste for the type of future action that the Vegas casinos could see.

People are dying to get out of the house, and wearing a mask isn’t hampering their hankering to play the tables or slots.

But if you don’t want to leave the comfort of your couch, you can still bet on the casinos.

Last week, War Room members jumped into MGM Resorts International using a diagonal spread.

This week, just a few days later, they exited with gains of up to 30% in less than seven trading days!

The Vegas casinos have been hammered mercilessly.

But in The War Room, we are always looking for an angle.

Before we dove into MGM Resorts, I alerted members to some really intriguing insider buying.

At the time, MGM Resorts shares were trading at $11.80.

Today, they opened at more than $18.

That’s quite a ride.

You see, insider buying is a major indicator of a stock’s future performance. And when you have a cluster of insiders buying, like above, that performance is all but guaranteed.

Still, there is risk, and that is why we used a unique strategy that allowed members to get in the trade at a fraction of the price of the shares.

A diagonal spread is when you buy an option with a specific strike price and expiration date and sell another option against it with a different strike price and expiration date.

Members were able to trade at 20% of the cost of buying the shares and walked away from the table with a 30% profit. Those are better odds than Vegas.

Action Plan: The casino stocks were left for dead. But the clues that we spotted for War Room members allowed them to rake in thousands of dollars in profits. So the next time you want to gamble with the odds on YOUR side, check into The War Room and clean up!

The post Vegas Was Closed… but This Casino Paid Out! appeared first on Investment U.

Founded in 1999, the goal of Investment U is to give you impartial, no-nonsense investment advice and investment research on how to build long-lasting wealth.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at

Order by Phone at 888-809-8385 or online at

Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.