@shining-one MGM Resorts

lin.ci84

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year on year it makes losses

but stock price still goes up.

how come ah?


pro please give input
 

archcherub

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year on year it makes losses
but stock price still goes up.
how come ah?
pro please give input

eh u short long term?
if not, u should be happy mah... go up and up and up!

i holding sgx stocks... company make money but stocks go down... then i ask "How come ah?" :s13:
 

wahkao3

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yes very strange. This company no profit but can gain share price.

my guess is revenue is the main driver of share price. Not profit. Just like Amazon, revenue is the main driver of share price.
 
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