James Murren Direct Connection to Dubai Saudi Arabia.
During Murren’s tenure, MGM joined with Dubai World in the development of the Las Vegas Strip’s CityCenter. When CityCenter opened in December 2009, it represented the largest single private development and the largest green project ever undertaken in the nation’s history[6][7] and America’s number one generator of new jobs during the Great Recession.[8] Senator Harry Reid said, “The Las Vegas community may never be able to express its appreciation adequately for all that Jim has done, but his hard work hasn’t gone unnoticed. … He is a leader of his generation in job creation, green investment and philanthropy.”[9] Somer Hollingsworth, President and CEO of the Nevada Development Authority, called CityCenter “the most exciting and impactful project to open for the foreseeable future.”[10] Under Murren’s leadership, MGM broke ground on May 1, 2014, on another major project in Las Vegas: a privately financed, state-of-the-art, 20,000-seat arena that it is developing with sports and entertainment company AEG.
en.wikipedia.org/wiki/James_Murren
And yes he did sell a large chunk of his shares the week
before the shooting!
James Murren Sells 294,150 Shares of MGM Resorts International (NYSE:MGM) Stock
MGM Resorts International (NYSE:MGM) CEO James Murren sold 294,150 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $34.08, for a total transaction of $10,024,632.00. Following the transaction, the chief executive officer now directly owns 71,442 shares in the company, valued at $2,434,743.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
James Murren also recently made the following trade(s):
- On Thursday, September 7th, James Murren sold 259,760 shares of MGM Resorts International stock. The stock was sold at an average price of $34.19, for a total transaction of $8,881,194.40.
- On Wednesday, August 9th, James Murren sold 57,269 shares of MGM Resorts International stock. The shares were sold at an average price of $31.54, for a total transaction of $1,806,264.26.
- On Monday, July 31st, James Murren sold 57,269 shares of MGM Resorts International stock. The shares were sold at an average price of $33.05, for a total transaction of $1,892,740.45.
Shares of MGM Resorts International (NYSE:MGM) opened at 32.38 on Friday. The company’s 50-day moving average is $31.97 and its 200-day moving average is $30.74. MGM Resorts International has a 52-week low of $24.78 and a 52-week high of $34.65. The firm has a market cap of $18.62 billion, a P/E ratio of 19.17 and a beta of 1.48.
ledgergazette.com/2017/09/24/mgm-resorts-international-mgm-ceo-james-murren-sells-294150-shares.html
www.youtube.com/watch?v=JVAvv8ZB0kA
Source: ledgergazette.com/2017/09/24/…
h/t Jake
The Official Kabuki Theatre Story is quickly unraveling. Expect to see them double their efforts.
Check this. Amazing how many places this 60 year old could be at the same time:
https://uploads.disquscdn.com/images/ba21ea2487d52c912ca162b287ba774d6707746ac120c3036a283a3c92159f9f.jpg
Why doesn’t your report include the fact that MGM resorts BOUGHT 10 million shares on Sept. 12?
What’s your point? I mean, seems they did buy but they also sold the next day at the loss.
https://uploads.disquscdn.com/images/3a1e7fa82dd3520cd11b1b836f7c16141a56ed42875ef6d1f1832abe5dac6409.jpg
Do you always treat a question as rhetorical?
Not always, only when the question (or answer) lacks the point and evidence. No offense meant. And I do apologize for having compulsive accuracy tick, it won’t happen in this conversation anymore.
So when I’m asking for higher resolution information then has been supplied , why critique me, instead of asking the original post source for even higher resolution information? I’m not familiar with the source of the chart you posted, I see it tracks volume and price- where does it indicate MGM was selling the next day?
my source http://www.marketwatch.com/story/mgm-resorts-to-buy-back-10-million-shares-at-a-1-discount-from-largest-shareholder-2017-09-12
It was not my intention to critique you. But prior to commenting on something, I tend to do my own research to verify the statements discussed.
I don’t have the habit to ask people to show me what I can do and find myself. The information I found and posted is available for everyone to find, you just need to do cross search on some of the sites containing the information.
The screenshot I posted is from the Nasdaq link:
http://www.nasdaq.com/symbol/mgm/interactive-chart
Anyway, you can see the red and green bars in the lower portion indicating buying (green bar on 12th) and selling (red bar on 13th).
The link you got the info from is absolutely correct. You just needed to expand the available sections to get the full picture:
https://www.marketwatch.com/investing/stock/MGM/charts
Hope this helps.