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Boyd Gaming Corporation (BYD)
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This stock never stays below $50, all the rest of the casinos are in the gutter and somehow Boyd always stays up. It has the same Market cap as WYNN now.
Care of “Moneyball “ from Twitter , every stat you could possibly want to know about the EV market in China.
“Unnamed Tesla dealer…Before, most of Tesla MIC store visitors came for M3/Y & would not compare them to other EVs, now 1/3 compares it to #XPeng P7 & 1/3 to #BYD Han, share of BYD Seal also growing, also clients w/ multiple orders becoming mainstream, they buy the model that delivers 1st.”
We are headed to a Boyd property , and anticipating informing Boyd that they should budget accordingly, considering that a more than adequate contribution to their devices will more than offset next months electricity bill,
Watch the price of BYD on Tuesday of next week, it will be up, I will almost guarantee.
The last 3 times my wife and I stayed in the IP in Biloxi, the stock price for BYD went up $3.00 two days after we returned home.
I investigated the news and only found that she had indirectly paid the electric bill for the casino the previous month,,,
I guess that is a good trade off . So I’ll will let everyone know the next time we go, so you can buy a few Hundred shares, and then inform you when we leave —-watch the price.
She’ll make you some money,,,
I have been trying to connect to the Boyd rewards program for many days as I am going to Vegas soon. It seems to be completely frozen.
Go back to $9.00 is very possible in this year.
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BYD has run in parallel with PENN until PENN’s announcement with Barstool. BYD will have better 4Q 2019 earnings than PENN IMO. With better earnings BYD should be +$36 after earnings. If there was a positive surprise at earnings possibly more....of course IMO.
W. Boyd bought 100,000 shares of BYD paying full price
on May 1.
The 10 year Treasury yield is up 10% in 5days so the market is taking it out on growth and tech stocks. Someone remind the market that $nio, $li, $byd, $xpev and a chunk of $tsla are not based on issues with us currency. In fact, they always site the ability to borrow and grow being issues as inflation rises, but they never discuss benefits of improving exchange rates for foreign firms.
is this the BYD Gaming comment board? good day for gaming investors. nothing to do with lithium!
A lot of Macro issues turning in favor of evs. Oil prices, focus on other energy sources, us easing scrutiny on Chinese companies, chip shortage ending. $tsla $li $xpev $byd $nio
Top Bullish Charts for November 2020 💰💵📈
so boyd is trading now when most of the casinos are closed about 60% higher then it was a year ago pre covid when all the casinos were open!! makes sense...
Trading cryptocurrency these days is now becoming unattractive because of the DIP....Traders are loosing their funds on daily basis.
BYD Gaming best earnings for the 4 the qtr in a row. BYD open for business in the USA. now we need COVID to be defeated for our strip business
Many Boyd Gaming employees are on the chopping block
By Erik Gibbs
Like every other company that operates inside the gambling bubble, Boyd Gaming is suffering because of the coronavirus pandemic. It recently reported that its first-quarter figures were well below previous expectations, with the casino operator seeing a net loss of $18.3 million – a year earlier, it had a profit of $45.5 million. While land-based gambling losses were slightly offset by Boyd’s online initiatives, these weren’t enough to cover the entire deficit, and the continued casino outage in the US is chipping away at the company’s foundation. Despite some states allowing their casinos to come back online, the recovery process is going to be long and arduous, and Boyd isn’t convinced it will emerge unscathed. It has announced that it will need to let a number of employees go, and some properties could lose as much as 60% of their workforce.
At the end of last week, Boyd announced that it was ready to get the familiar sights and sounds going again at 13 of its properties – nine of which are in Las Vegas. The other four are found in Missouri and Iowa. Las Vegas is expected to begin to see casino action this Thursday, although those plans will more than likely be altered due to the ongoing riots and protests following the death of George Floyd while being arrested by police. Nevertheless, Boyd is anxious to get things going.
The relaunch will be too little too late for many company employees, though. Boyd sent a letter to some of its employees this week (which is just slightly better than leaving a voicemail) to inform them that it is going to be forced to permanently get rid of “between 25 percent and 60 percent” of employees. The rest of the employees, those fortunate enough to be selected to continue, will more than likely stay on furlough for at least six months more.
The letter is reportedly dated May 22, and a copy was also sent to labor officials in Nevada. The company explains that the layoffs are necessary due to the “mandatory closures, guest limitations imposed by various regulatory authorities, and overall economic conditions” resulting from the current pandemic. Employees can expect to start receiving their pink slips anywhere from July 1 to July 14, and there may be more than 10,300 workers who will receive their notice.
Boyd VP of Corporate Communications David Strow sent an email to Casino.org to help explain the situation, as well. He indicated that the company strives to be as “transparent as possible” and added, “There continues to be uncertainty surrounding opening dates for some of our properties across the country that have been closed since mid-March. In addition, it is very difficult to predict what business levels will look like as we reopen our properties, and how long it will take for business to recover to normal levels.”
Boyd still expects to have 21 of its 29 properties operational within the next week, according to a previous statement at the end of last week from its president and CEO, Keith Smith.
Fun Fact: Online sports betting plays have cooled off recently.
But there is one stock that is leveraging it’s actual casinos to fend off the gaming pullback: Boyd Gaming.
#BYD sales expert: Chongqing #Dolphin #EV buyers 70% female, earlier Dolphin sales/store: 50-60/month, now >100, Nov, Dec at 80-100.
sales are growing...
Owned since 16. Both calls and stock. Pulled the rip cord today I’ll be back when we’re sub 35.5. Good luck everyone. Great company with great management.
My first boss: Juliet Barratt, co-founder of sports nutrition brand Grenade
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