Stock Watch: Casino Stocks Monday Report

We are closely watching three casino stocks: MGM, IGT, and LVS, all of which were down today in what was overall a pretty rough day for the market.

While none are official Free Stock Picks quite yet, it's possible that one of them will soon be.

Here's today's ugly report:

MGM 6.53 -0.60‎ (-8.42%‎)

LVS 8.05 -1.05‎ (-11.54%‎)

IGT 15.76 -0.54‎ (-3.31%‎)

As we said, today we are just watching. Soon, though, these ugly numbers might have a serious impact on Lemmy's kid's college fund.

Stock Watch: MGM and Casino Stocks

We mentioned that we're getting back into the stock market over the summer, and we can't wait any longer.

We aren't giving this out as a Free Stock Pick quite yet, but we like what the future holds for Metro Goldwynn Mayer, or MGM, which opened the day at $7.13 a share.

In fact, we like quite a few casino stocks as long term holds. Las Vegas Sands (LVS) opened at $9.10, and though a little pricier at $16.30, International Game Technology (IGT) has plenty of long term value.

All of these casino stocks have seen better days, but there are also better days ahead. These three stocks were all well above the $30 per share mark a year ago, and we have reason to believe they'll return to that mark as the economy continues to rebound.

For now, because of its potential and lower value at the moment, MGM is our main focus, but don't count out the others.

When we do decide on a stock (or three), we'll post it on the right hand side of the page, where we post the rest of our important gibberish. For now, watch these stocks closely. Depending on how they perform today or in the coming week, we could be making an investment very soon.

Taking Stock Again

Earlier, we posted an entry titled Taking Stock (Lemon), explaining what was a brief absence from our post here at the site.

Now, we're Taking Stock again, this time in relation to the Free Stock Picks which used to dominate our site.

In other words, we've been taking some time to get back in the stock market, now that things are finally starting to clear up.

We've had brief success in the past with STTK, ETFC, and AIG, all of which are in miserable shape at the moment, but those were obviously short term stocks anyway. In the future, we'll have more stock analysis in addition to our sports coverage on the site.

Good things are ahead here at Stock Lemon, so stay tuned.

We Still Like AIG

Last week we gave you AIG as our first Free Stock Pick in a while. Since then, it has dipped a little, but with the economic bailout finally coming through from the United States government, AIG should rise again soon.

That said, we still like AIG... and so does Wayne Rooney and Manchester United of the English Premier League. If you're unfamiliar, the England star and the rest of his Manchester teammates are sponsored by AIG, and represent our Free Stock Pick with every goal.

So, just as it is with this site, if you stick with it long enough, you're going to make some money.

Finally, a Free Stock Pick!

It's been a long time since we've rolled out a Free Stock Pick here, and for good reason. The United States economy has been less than solid recently, so you can't blame us for staying away.

However, for those of you still interested in the stock picks we (sometimes) have to offer, we have great value on our latest find.

You might have heard recently of American International Group, more commonly known by the acronym AIG. Perhaps you've also heard of the government bailout of the company and the subsequent drop in the stock from the 52-week high of $70.13 all the way down to the 52-week low of $1.25.

Clearly the company has seen better days. But those days are about to come back, and as the stock closes at an even $5, it's time to get in.

As you can see, the last couple of days have seen the stock rise back up, and it won't end there. While it won't be getting back to $70 anytime soon, it will be going up--and fast.

Stocks Update

As you might be able to tell from the name, one of our original focuses here at Stock Lemon was providing our readers with stock advice and recommendations in addition to our free picks in all kinds of sports. However, with the United States economy currently unstable, we have not been touching anything in the stock market for quite some time.

Don't worry, though, we will soon be back to providing you with free stock picks, in addition to our sports analysis and advice.

As always, stay tuned.

STTK Ready to Make a Move

We've been a little distracted lately due to our success in the sports betting sphere, but as our name implies, we also started our company (and this website) to give smart stock tips.

That said, our first Free Stock Pick was STTK back on January 21, and as we foretold, good things come to those who wait. We recommended buying this stock at $.035, and after a short incline it dipped below that mark. At this time, we urged patience, as this stock just needed to gain momentum behind some of the good press that this company, Smart-Tek Solutions, was dishing out.

This week, the stock hit nearly $.09, an increase of over 150%. If you sold at that time, good for you--you turned a nice profit on this one. If not, though, you can either do so when the market opens today for a gain of almost 80%, or you can wait this one out a little longer and reap the benefits. It leveled off to a close of $.06 on Friday after the big gains in the middle of the week and is still in good shape for the long-term. We've heard from an inside source (someone very close to CEO Perry Law), that Smart-tek Solutions is expecting either a merger or some other type of big news on May 22. Just speculation for now, but something to keep in mind.

The volume still looks good and we like what we see from the charts. If you bought when we originally suggested, it might be wise to sell off half of those shares and ride out the rest. "Play with profit," as they say. If not, this is still a strong buy, as last week was only a glimpse of STTK's true potential.

Looking For Another Free Stock Pick

We haven't posted a Free Stock Pick in a while, but we'd just like to let everyone know that we are looking over some charts and have a couple of great stocks in mind.

We could have a stock pick by the end of the week, so as always, stay tuned.

ETFC Up 7.26%

It's been a while since we've checked up on ETFC, but it hasn't been for its lack of success. We've been a little busy with our winning Free NBA Picks and random stories about high school kids who fake their own recruitment (see Kevin Hart), but we're still keeping an eye on ETFC, which we recommended to you a short time ago.

ETFC has gone up in each of the last four days, including 7.26% today, and is now up to $5.17. Not bad, considering we recommended it at $4.14. It's up $1.03 since our January 29th suggestion to buy it and continues to be a good short term and excellent long term option.

STTK Up 28.57%

A nice leap today from STTK, up 28.57% to $.045. The $.04 hump was difficult to surpass, but now that that has been achieved, there's no telling what this stock might do next.

As the chart shows, it has gone up every day for the last three that the market has been open, so this might be the beginning of the run we've all been waiting for.

Penny stocks can be frustrating, but be patient with this one, the climb back to at least the $.30 range is inevitable.

ETFC Up Another 8.99%

ETFC continues to rise, gaining another 8.99% today on its way from $4.56to $4.97. The $0.41 gain today and the $0.42 gain yesterday exemplify the pattern we expect to continue seeing from ETFC, with steady and consistent increases each day.

Taking a look at the five day chart, with Stock Lemon mascot, Lemmy, marking the date our recommendation occured, you see nothing but postive gains from ETFC. We recommended this at $4.14 on January 29, and already this stock is paying dividends to anyone who followed our advice.

STTK Up 21.21%

STTK is back up to $.04 today and poised to make a run back to the $.30 range. After a little bit of a rocky road getting back to $.04, we feel like things are finally settling down for this stock. Some good volume today is an indicator that this thing is finally ready to jump.

We usually don't advise investments in penny stocks, but the promising background behind how STTK has been traded gives it more than enough value at just $.04 per share. There's really nowhere to go but up for this low risk, high reward gem.

ETFC Up 10.1%

We recommended buying ETFC yesterday, and already this one is on its way up. ETFC rose 10.1% today, all the way up to $4.56 from $4.14, a change of $0.42.

Not bad for the first day and we expect nothing less in the future for ETFC. That's one healthy looking five day chart shown above.

Free Stock Pick: ETFC

We thought about buying into this one yesterday, and after another 6.15% increase today, we're finally pulling the trigger. ETFC, which is the symbol for the popular E*TRADE Financial Corporation, was at $25.79 at its peak last year, and is now at $4.14 following today's run.

It bottomed out at $2.08 and is now in prime position to regain its position in the $20 range by the end of the year. As the chart above shows, the last three weeks have been better for E*TRADE, although the stock is still way below the norm. ETFC has shown signs over the last few weeks that it will continue to rise steadily back up to prominence.

The five day chart shown above gives and even better idea of how the stock will likely progress over the course of the next few months. It's a rather unspectacular yet significant enough growth that over time will benefit its shareholders.

With an average volume of 41,909,540 over the last ten days, you can expect more movement out of this stock pick than STTK will show initially, but both should end up at or very near to their highs from last year.

Bird Flu in India

Over 2,000 people in India have reported that they have have been suffering from a fever within the last five days, according a local paper.

It's bad news for humanity, but might be good news for STTK stockholders, as the security company has previously experimented in bird flu cures.

It could be an interesting few days coming up.

STTK Up 14.29%

With many fearing recession, STTK held strong, increasing 14.29% on Tuesday. Now at $.04, this stock is still a great buy, with short term increases of 10-15% expected daily.

Such an increase is very valuable on a cheap stock such as this, since its current value allows for thousands of shares to be purchased at little to no risk. The 3 month goal for this stock is anywhere from $.15-$.30, and the 6 month goal is $1.

We will continue to update STTK's progress following our STRONG BUY recommendation yesterday. We will also continue to search for the "diamonds in the rough" throughout the year.

Keep checking back for more updates on stock tips, sports wagers, and business news.

Free Stock Pick: STTK

The market was closed today due to the holiday, but judging by the markets overseas, it will be rough riding for stock owners tomorrow. In times like these, the usually risky penny stocks that have struggled in recent months are always a good bet to bounce back and profit. Fortunately, I was lucky enough to find one that has very good short-term and long-term potential according to the recent charts.


Smart-tek Solutions, symbol STTK, is a company that was highly invested in the bird flu market last year, and gained recognition as a result. It reached highs in the $1.70 range last year, and has now bottomed out at $.035 now that the bird flu scare has passed--for now.



There is reason to believe that this company, despite recent sturggles, is ready to bounce back. While still keeping an eye on the bird flu market, the companies security endeavors are what really keeps it afloat, and they have experienced unprecedent growth in that area. While it may not reach the $1.70 level anytime soon, hitting $1 again is not so far fetched.


This is a low risk, high reward stock, and one that I highly recommend purchasing in the near future.


For more information on the company, here's how they describe themselves on their official website, which is linked to above.

Smart-tek Solutions Inc. (SSI) specializes in the design and development of
Radio Frequency Identification (RFID) integration, monitoring and tracking
solutions to meet industry demands. The target market for SSI’s RFID solutions
is the livestock industry by way of total intergraded RFID equipment to aid in
the tracking, recording and monitoring of livestock.

There is growing demand for smart technology solutions from Government agencies as well as the private sector to track, monitor and collect key data to protect livestock producers and limit the potential economic losses from livestock disease outbreaks, such as Bird Flu and Foot and Mouth Disease.

Also, Smart-tek Solutions Inc. through its wholly owned subsidiary, Smart-tek Communications Inc. (SCI) is a market leader in designing and providing the latest, most advanced integrated security, voice and data communication systems.

Located in Richmond, British Columbia, SCI specializes in the design, sale, installation and service of the latest in security technology with proven electronic hardware and software products.

SCI has positioned itself as a market leader in the Greater Vancouver area. Valued customers include major developers, general and electrical contractors, hospitals, Crown Corporations and retail facilities. Projects range from high-end residential and commercial developments to system upgrades and monitoring contracts.

SCI's continued growth and success is a direct result of providing a consistently superior product at competitive pricing to both new and existing clients. SCI's stellar client retention is in itself a testimonial to the overall excellence of the product designed and installed.

Again, this is a strong buy. Smart-tek Solutions should be one of the most surprising and profitbale stocks in 2008.