Tuesday, May 30, 2006

CNTY Current Price 10.02 Rating: Strong Buy

CNTY is a small cap Casino operator growing at almost a 30% clip. Its currently undervalued by almost 100%. Meaning its stock should be trading closer to 20 than closer to 10. Check out the chart of Penn to see an example of how well a small cap casino stock can run. Penn is now worth over 3 billion. Cnty is just now starting to generate some serious cash flow. As for the morality issue of buying a casino stock, just take 20% of your profits and give to charity.

Target: 30 2008