Boyd Gaming Corporation.

The Stardust opened on June 2, 1958 with 1,065 rooms (worlds largest hotel), a 16,500 square foot casino (largest in Nevada) a huge neon sign as its facade (worlds largest electric sign) 216 feet long and 37 feet high, the sign contained over six miles of wiring, 7,100 feet of neon tubing and 11,000 lamps. There was also a large round free-standing sign on the strip.
The famous Stardust was moved to the Neon Museum on Fremont Street costing $80,000 to move it to the museum.
The Stardust was officially closed on November 1, 2006 after operating continuously for 48 years. It was imploded on March 13, 2007.In 2007, construction began on Echelon Place, which replaced The Stardust.
Founded more than 30 years ago, Las Vegas-based Boyd Gaming Corporation is a leading casino entertainment company, owning and operating nine properties in Las Vegas, NV. The Company is also developing Echelon, a world-class destination resort on the Las Vegas Strip. One of the most respected names in the casino industry, Boyd Gaming is well-known for offering its customers a distinctive entertainment experience, coupled with an unrivaled attention to customer care.
In 1941, when Sam Boyd arrived in Las Vegas with his family and just $80 in his pocket. He worked up through the ranks of the Las Vegas gaming industry, moving from dealer to pit boss to shift boss. It wasn’t long before Sam had saved up enough money to buy a small interest in the world-renowned Sahara Hotel. He then moved on to become general manager and partner at The Mint in downtown Las Vegas, where he introduced a number of successful marketing, gaming and entertainment innovations.
The birth of Boyd Gaming came on January 1, 1975, when Sam and his son Bill Boyd founded the Company to develop and operate the California Hotel and Casino in downtown Las Vegas.
Sam Boyd passed away in 1993, but the Company he founded continued to grow and thrive under Bill’s leadership.


Top Institutional Holders in Boyd as at financial year end 31 December 2010
LMM, LLC==4,751,190==5.51%
DIMENSIONAL FUND ADVISORS LP==3,965,627==4.60%
Capital Research Global Investors==3,734,000==4.33%
PAR CAPITAL MANAGEMENT, INC.==3,383,863==3.92%
H Partners Management, LLC==3,100,000==3.59%
FMR LLC==3,000,000==3.48%
VANGUARD GROUP, INC. (THE)==2,476,325==2.87%
BlackRock Fund Advisors==1,990,506==2.31%
GAMCO INVESTORS INC==1,804,150==2.09%
STATE STREET CORPORATION==1,773,671==2.06%


Top Mutual Fund Holders
Legg Mason Capital Management Opportunity Trust Fd==4,500,000==5.22%
SMALLCAP WORLD FUND==3,349,000==3.88%
FIDELITY MID-CAP STOCK FUND==3,000,000==3.48%
DFA U.S. SMALL CAP VALUE SERIES==1,452,948==1.68%
VANGUARD SMALL-CAP INDEX FUND==787,290==0.91%--Sep 30, 2010
ISHARES RUSSELL 2000 INDEX FD==710,561==0.82%== Jan 31, 2011
SPDR S&P Mid Cap 400 ETF Trust==577,755==0.67%==Sep 30, 2010
VANGUARD TOTAL STOCK MARKET INDEX FUND==577,446==0.67%==Sep 30, 2010
VANGUARD SMALL CAP VALUE INDEX FUND==483,781==0.56%==Sep 30, 2010
ISHARES S&P MIDCAP 400 INDEX FD==483,781==0.56%==Jan 31, 2011

Balance sheet fiscal year end 31 December 2009
Total Assets =$4,459,957
Total Liabilities =$3,303,588
Total Stockholder Equity =$1,156,369
Net Tangible Assets =$520,667

Cash Flow:-
Change In Cash and Cash Equivalents =($4,950)

Latest news events:-
(1/3/10) For the fourth quarter 2010, the company reported a net loss of $7.1 million, or $0.08 per share, compared to a net loss of $1.0 million, or $0.01 per share, in the same period last year.
Adjusted Earnings(1) for the fourth quarter 2010 reflect a loss of $3.9 million, or $0.05 per share, compared to earnings of $0.2 million, or less than $0.01 per share, for the same period in 2009.
Commenting on the quarter, Keith Smith, President and Chief Executive Officer of Boyd Gaming, said, "As expected, fourth-quarter comparisons were the best of the year, as business conditions and consumer confidence continued to improve. As the economic recovery gains momentum, we anticipate we will see increases in both visitation and spend-per-visit, resulting in a return to consistent growth across our business this year."
Stock Code:NYSE:BOYD
Sector:Services
Industry:Resorts & Casino
Last December the stock closes the year 2010 with a bang.Thereafter in January,a graveyard dojistar follows.
During middle of first quarter,it found its early high for the year but ended for that particular month (February) with another graveyard doji.
By March current season,it is now very bearish so even if there is a short term rebound,do not fall into the dead cat bounce.
Strategy:-It is better to hold your cash and wait till the beginning of next quater to plan the move.Again wait for the first three market days for it to dictate the type of candlestick pattern.By the end of the first week on Friday where most traders will unwind position and if there is a general weakness it will be the best chance.Better be late than never.Anything below the bear pivot support region is an opportunity to move in and a rebound to MAV resistance sell to take the first profit.
Tracking the Dow on Quadraple Witching Day.
Quantitative Easing:3 months 9 market days to go.
No major economic news.
9:30am:--Heftey 140 points gap up opener. Gains supported by a rush of dividend announcements from major banks.
10:30am:--A shooting star after the opening bell has stocks pulling back to session MAV support line.
Decision by global central banks to intervene in currency markets, moderately chipped away at losses of more than 1% for the week.
11:30am:--Another Bearish hit at the MAV support.
12:30noon:--It's a triple bearish hit at the MAV support line.
1:30pm:--MAV support line has been breached.Hangman noticeable.
2:30pm:--The bear pivot support line has been hit but bulls were hanging on.Libya’s foreign minister announced a cease-fire and said the government would halt military operations in the North African nation.
3:30pm:--Bullish spike but failed to even hit the MAV resistance.
4:30pm:--Closes with a bullish unshaven candlestick far below the MAV resistance.Not a very good sign.
The hedge funds have systematically clean up the US market right till the eve of Quagdraple Witching Day.
Their final hammering sign was on Tuesday where they deliberately leave a long lower shadow with intention to create a bigger pullback. Now they have short-covered but failed to deliver above the current month MAV resistance. Scary outside risk from Japan, the Middle East and Libya are still haunting the market.
Now that the witches have celebrated their blood sucking days,hopefully Friday's inverted bull is not translated into a shooting star again.