What was going on with MGM Resorts in September?

https://disobedientmedia.com/2017/10/what-was-going-on-with-mgm-resorts-in-september/

On Tuesday, September 5th, 2017,  the board of MGM Resorts International decided to approve a $1 billion share repurchase program. At a net worth of $17.7 billion today, the program represented a significant portion of its current market cap. By the end of the week, MGM’s CEO, James Murren, had coolly divested himself of 80% of the shares he owned in his company. The divestment came just days before the ex-dividend date on September 8th, 2017.

The sales were originally disclosed in a document filed with the Securities and Exchange Commission (SEC). Murren had previously divested 57,269 shares on July 31st and August 9th, 2017.

It’s currently unclear why Murren chose to sell when he did. To date, MGM’s stock has not experienced a significant decline in value due to the repurchasing program. As the CEO of MGM, it runs against the company’s interests to convey a sense of urgency in the selling personal stock of shares immediately after the announcement of my company’s share repurchase program. It’s also strange that the CEO of a company would sell more than half of their stake (let alone 80%) in the company that they represented.

Mr. Murren and his fellow board members were not the only speculators who were bearish on MGM’s prospects. Billionaire investor George Soros also bought $42 million worth of puts on the company, according to SEC filings from mid August.

That point being made, it needs to be asked why any profit-oriented CEO of any company would sell 80% of his personal stake in his own corporation, especially after he thought it was in the business’ best interest to initiate a massive share repurchase program which one would theoretically assume to reduce the number of shares in the company and increase the price of each share, ceteris peribus. Why would the individual with the most information about the company sell 80% of his shares immediately after the commencement of a program that most would consider positive for the stock? Shouldn’t he want to hold on to his shares? Is there something he knew, that others didn’t, that lead to so much movement in such little time? What a week!

On September 5th, 2017, 18 analysts were bullish on MGM, 1 had a hold rating, and 1 had a sell rating. Taking the events of September and October into consideration, has MGM’s picture heading forward improved, or worsened?

https://www.sec.gov/Archives/edgar/data/1029160/000114036117031995/0001140361-17-031995-index.htm

https://en.wikipedia.org/wiki/James_Murren

———-

timing..

so many questions..and so little answers..did soros make a big win?..why did murren unload 80% of his stock?

it could all be coincidence..

401

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~ by seeker401 on October 11, 2017.

19 Responses to “What was going on with MGM Resorts in September?”

  1. Hey Seek. You gotta follow @lauraloomer on twitter. She is all over this thing. Has changed the FBI story twice through her breaking investagitive journalism. She said..” how can a woman in her sweat pants, a PC and a phone uncover all this evidence and mainstream media and FBI can find none..”!

    Soros is due to pick up 400 million from shorting mandaly. He is still holding the shorts and hasn’t cashed in yet. CEO of mandalay sold millions stock a week before shooting.

    She has found Valet evidence of shooter getting there 3 days earlier than FBI said, has found shooters records of stays at hotel have been scrubbed from Mandalay PC. Has found security guard that got shot has had his record at mandalay scrubbed. Looks like he was actually ISIS using an Hispanic name.

    Lot of breaking news on her twitter.

  2. LOOMER & “THE SINGER ” KAYA-JONES ?
    & we post it bfore https://www.theguardian.com/politics/2017/sep/30/boris-johnson-caught-on-camera-reciting-kipling-in-myanmar-temple

  3. I don’t see anything above that discredits her… I have however, seen her post A LOT OF BREAKING news that MSM wont, cant, or haven’t covered.

    If the behaviour of ‘a friends brother’ condemns one to death, we are all dead!

    • lay with dogs you get fleas..be careful of (((them)))..

      she has focused on some anomalies no doubt..all i want to see is the cctv footage..inside the hallway..bringing his guns in, anyone who entered the room and outside footage..why is this not being produced?

  4. Laura Loomer‏
    Verified account
     @LauraLoomer 2m
    2 minutes ago

    More
    Laura Loomer Retweeted Laura Loomer
    BREAKING: “On Scene” is the private armed security company that is guarding the home of #JesusCampos.

    OS business license expired Jan, 2017

    see video of her confronting security…

  5. Laura Loomer Retweeted
    Laura Loomer‏
    Verified account
     @LauraLoomer 5m
    5 minutes ago

    More
    Replying to @LauraLoomer
    On top of an expired business license, “On Scene” has a virtual address!

  6. Another question she brought up…… why didn’t alarms go off when the hotel windows were smashed to shoot through?

    Also, Saudis own the top 5 floors of the resort. Did the weapons come through the top (ie; by chopper)?

  7. narrative has changed again. not only was the security guard shot before the crowd was shot into, but a maintenance man called it in too – 200 shots fired IN THE HOTEL before the concert was it. but it took 70 minutes to get to the room? not credible.

  8. “hen is smoke is fire ” we talking about fire on the phrase our Prayers with the All of you in NO-CAL
    we Pray for the fire go away soon

  9. I keep asking myself, what better place than the city the mob built, to pull off a false flag event?

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