Dec 3, (TradersHuddle.com) – Shares of MGM Mirage (NYSE:MGM)have been struggling with significant resistance trying to cross the 200 day exponential moving average, which was broken this past month, only to reverse and be severely sold-off after the Dubai fears started last week.

MGM Mirage stock price took a dive last week, because in. Read More --

According to a report released by Soleil Securities, MGM (NYSE: MGM) City Center is following an aggressive pricing policy and currently is offering discounted prices than its competitors. City Center’s ARIA and Vdara were priced at $188 and $175 respectively during the period of 12/17-1/17. The competitors Venetian and Wynn Encore were priced at $202 and $252 respectively during the same time period. Also Wynn was priced at $228 and Bellagio commanded a price tag of $215. This shows deep-discount on City Center’s property.

MGM is also expected to come up with $200 ADRs. Every $10 in ADR is expected to impact its EBITDA and EPS by $8 million and $0.01 respectively. Current consensus estimate for 2010 EBITDA stands at $1436 Million and EPS is expected to be $ -0.52. Further, keeping sluggish demands in view, Soliel Securities has maintained its ‘Hold’ recommendation with price target of $13.

Weston, Dec 2nd (TradersHuddle.com) – FlowTrades.com highlighted MGM Mirage (NYSE:MGM) in its market recap for December 1st. MGM Mirage, it’s in the middle of opening its City Center Project in Las Vegas, a joint venture with Dubai World, which apparently will escape any major impact from Dubai’s debt crisis. T. Read More --

Stocks discussed Cramer's Stop Trading! TV Segment, Monday November 30.

Citigroup (C), MGM Mirage (MGM), Wynn Resorts (WYNN), Nucor (NUE), Steel Dynamics (STLD), State Street (STT), Morgan Stanley (MS)