The biggest promotion that all poker affiliates are pushing (or should be) is the 2009 WSOP Satellites. It is a great way to attract new or even established poker players as many know the stories of Moneymaker and all the past Main Event winners who became millionaires over night.

I have created a couple widgets and banners for seats given away for the 2009 WSOP Satellite Main Event at both Poker Stars and Full Tilt Poker.

I am allowing affiliates to use them for a link back on that page or another high quality page on the site (excluding link pages or pages with minimal content).

They are updated every 15 minutes and can easily be inserted into any website since they are iframes.

If you would like to use them send me an email: kdollar (at) gmail.com. I will then email you a text file with all the iframe codes for the graphs and the banners as well as linking options.

All the possible WSOP Main Event graphs:

http://www.pokersatellitestrategy.com/widgets/

All the possible WSOP Main Event banners:

http://www.pokersatellitestrategy.com/widgets/banners/

I still can’t say I know enough to put all of my money in the market but since the stock market as a whole is down, I figure it can’t hurt to put some money in and see where it takes me. I have been trying to pick companies that historically trade at a much higher price but are down because of the fear of the US economy crumbling and generally are still a sound business.

It is still a gamble since the market can go down further but a quote that I like is “scared money never made money” so that is where I stand and here have been my investments so far.

I decided to buy MGM knowing that casinos make money and historically they trade at around $20 dollars. In 2007 they were up to about $100 dollars per share but that is when Vegas was booming and I wouldn’t expect that to happen anytime soon. Their stock has recently dropped like a rock because of the City Center their 76 acre property on the strip with a price tag of $11 billion dollars, the largest privately financed development in US history. They haven’t finished it and their are concerns that they may  go bankrupt (they still can).

This is the last 5 years for MGM Mirage <- Link to MGM Stock Ticker on Google Finance.

I bought MGM grand on 2/5/2009 for $6.50…This is about the time when all the financial analysts were saying do not buy them and were changing their rating to F. I figured if everyone was selling it was a good time to buy as they are eventually going to bottom out….well that didn’t happen. The graph below shows the stock on the day that I bought it up to today. As you can see the stock kept dropping right after I bought it and at one point was as low as $1.89….I decided to hold on to these shares and just hope that the stock would bounce back (I still have them).

Not to be discouraged, I still felt like MGM had a lot of upside and was going to go up. So like a smart investor gambler I bought a lot more shares at $3.20 and $3.25 on 4/02/09. This time it actually worked out and went up for the next couple days and I decided to sell mid-day on 4/06/09 at $6.15. It worked out and I was able to clear $2.95-$2.90 on each share. The stock ended up closing at $5.50 on 4/06/09, so selling at that time was a good decision.

MGM’s stock kept dropping after 4/6/09 so I felt like I would buy back in. I ended up buying back in at $5.19 on 4/9/09 and still have the stock and will see where it takes me. Currently it is looking pretty good but who knows where this roller coaster they call MGM  stock will go from here.