The “Danger Zone” for Week of 8/27/2012

Really enjoyed my first edition of the “Danger Zone” for Chuck Jaffe’s MoneyLife radio show.

MGM Grand (MGM) is the first stock put in the Danger Zone.

MGM is down about 24% since being added to our Most Dangerous List in early April 2012. The S&P 500 is flat since then.

I think MG could go a lot lower.

 

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