Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, embattled casino operator MGM Mirage (NYSE:MGM) has received a distressing two-star ranking.

With that in mind, let's take a closer look at MGM's business and see what CAPS investors are saying about the stock right now.

MGM facts

Headquarters (founded)

Las Vegas, Nev. (1986)

Market Cap

$1.65 billion

Industry

Casinos and Gaming

TTM Revenue

$6.82 billion

Management

CEO James Murren (since 2008)

CFO Daniel D'Arrigo (since 2007)

TTM Return on Equity

(18.9%)

Cash/Debt

$1.37 billion/$14.36 billion

Competitors

Las Vegas Sands (NYSE:LVS)

Wynn Resorts (NASDAQ:WYNN)

CAPS Members Bearish on MGM Also Bearish on

Bank of America (NYSE:BAC)

Citigroup (NYSE:C)

CAPS Members Bullish on MGM Also Bullish on

General Electric (NYSE:GE)

Apple (NASDAQ:AAPL)

Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, fully 89 of the 325 All-Star members who have rated MGM -- some 27% -- believe the stock will underperform the S&P 500 going forward. These bears include bigpeach and Chromantix, both of whom are ranked in the top 6% of our community.

Two months ago, bigpeach decided to double down on his initial bear bet:

Not looking so good right now with a 40 % gain after announcing they had reached an agreement to finance City Center. While this news is good for the project, it does nothing for the company's solvency. It's hard to imagine why so many people are willing to invest in a company that is so close to bankruptcy.

In a more recent pitch from last month, Chromatix also tapped an MGM comeback as merely a mirage:

MGM is losing money
Inflation is a real concern
Taxes are a real concern
Keeping your job is a real concern
Keeping your home is a real concern
Air travel = rising prices and dropping quality
Gasoline is on the rise, driving the family may not be feasible
Casinos are not immune (though Vegas may be).

What do you think about MGM, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 135,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Apple is a Motley Fool Stock Advisor recommendation. The Fool's disclosure policy always gets a perfect score.