I am more wary of LVS stock. Kerkorian had to put in a billion of his own money earlier last year to prevent default and things have just gotten worse. Wynn is the one to own if you have to - apparently they have very little debt to worry about.

I almost bought MGM late last year when it was at $10. Really glad I held off. I have no idea if MGM or LVS will do chapter 11 but it doesn't look good for either of them. Of course the rest of the casino companies are in the same boat.