March 24th, 2020

DAY 7: How Did Jim Murren Know?

Happy Birthday Jedi Joy!

How did Jim Murren know to rising and sell his shares at the peak of the market? Further, he know has a position appointed by Steve Sisolak.

​February 12th, 2020: Jim Murren, CEO of MGM, abruptly resigns and sells 689,000 shares at $32.16 per share. Why did he quit? Last heard he had a plan to revitalize MGM. It was called #MGM2020. It involved selling off a number of properties in 2019 including the Bellagio, MGM, Circus Circus, Mandaly Bay & Delano. The sales of these properties earned MGM $8.6 Billion in cash. The plan was to use the cash to buy back stock, or as Gordon Gecko says : "FUCK EVERYBODY". Further, he is now BUYING shares at $9 per.  Is there anyone working at Stock Watch?

Further, he now works for Steve Sisolak, the man who shut down Nevada for all commerce for 30 days and who caused this mess.  

But first the stocks would have to to tank. Theres no way he foul have known bout a deadly virus. Unless the deadly virus isn't deadly at all. The virus appears to have. substantially lower death rate than a normal fly virus. But somehow Jim knew to quit and sell all his shares. A month later, Sisolak closes all businesses in Nevada for 30 days EXCEPT Allegiant Stadium, which is Steve's pet project from when he was commissioner with Marilynn Kirkpatrick - both dirty AF. Its a dirty job but someone's gotta do it. 

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