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The Chip Board Archive 09

Stock Purchase

Some of you may remember a previous post I made concerning purchasing a unit of stock, letting it ride for a year, then selling the stock and donating the proceeds to the Building Fund.

The stock I chose is Boyd Gaming Corp.;

http://www.boydgaming.com

The stock symbol is BYD, and the purchase price was $16.31. I purchased it today (9/23/03).

Why Boyd? My research showed that they had the best turn-around of profits, owned alot of venues, had good name recognition, and a loyal following.

Here's where you guys/gals come in. I'm going to put it to a vote as to whether I let the stock ride for a full year, or sell it when/if it makes a profit. If you choose the year clause it will ride till about convention time before selling. If you choose the profit clause, your options are to sell at $20, $25, or $30.

Post your votes here, and the clause that gets the most, wins the option.

So, for the next year, support your local Boyd's casino, and in turn you'll be supporting our Building Fund!

--Mike

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