MCRI Buy Order 400 Shares

I am establishing a 1/3rd position in Monarch Casino and Resort. This company runs the Atlantis Casino and Resort in downtown Reno Nevada. But the reason I like it is its strong fundamentals and the fact that it is strategically located across the street from the Convention Center and has a built sky bridge connecting the casino to 16 acres of land that has yet to be developed. The company has a debt-to-equity ratio of zero, has net income that exceeds the S&P within their industry group, and the company has increased their earnings per share by over 40% in their most recently reported quarter. This company is in the Consumer Discretionary industry, which has come under pressure this year. However, MCRI, like DIS, has rebounded nicely since the July downturn. I feel that this stock, with DIS, allows me to be well positioned when the consumer shows during holiday season that it is not dead. This stock also gives me a gaming replacement for LACO, which I am downsizing from my portfolio.