You stupid mother fucker. fuck your dumb ass technical analysis. They are building a 8 billion dollar project in collaboration with the Singapore government and Macau's gaming revenue is up. Look at what happened to MGM. The banks are not going to let casino's go bk. The singapore government is providing low interest loans to LVS. Adelson is in Macau right now talking to Chinese investors about finishing his 12 billion project on the Cotai strip. This is a well diversified company. Do your fucken research asshole. I fucken challenge your stupid ass to short this shit now at $5. I fucken just bought 90 leaps at $5 strike. I hate piece of shits like yourself who fucken pulls up your bitch ass charts and tries to predict the future. REMEMBER HOW I CALLED IT BEFORE THIS STOCK DOUBLED???? WELL, THEY KEPT IT DOWN UNDER 2.5 LAST MONTH IN THE WEEK OF EXPIRATION. READ THE FUCKEN NEWS SOMETIMES TECHNICIAN I WILL FUCKEN GIVE YOU MY LEFT NUT IF THIS IS NOT AT LEAST $10 BEFORE YEAR'S END!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Macau Casino Revenue Rises in First Quarter After 9-Month Slump 4/17/09 http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=LVS:US&sid=aYQR3buRq5p8 Sandsââ¬â¢ Adelson, Rival Ho to Cooperate on Macau Slump (Update1) 4/16/09 http://www.bloomberg.com/apps/news?pid=conewsstory&refer=conews&tkr=LVS:US&sid=aAVsulRc1UXE I always reference my posts with solid support from credible sources. Enough said.
Sheldon Adelson just flew over to Macau to have a pow-wow with Stanley Ho. As many of you know, Mr. Ho is the man with the connections to the Chinese Government Top Guns, and is the driving force behind MPEL, which is the current whale in Macau VIP gaming, as it knows its market best, and as Mr. Ho is a force to be reckoned with. I don't know about the rest of you, but I'd bet money that Mr. Adelson's visit with Mr. Ho was born out of weakness and not strength, and there could be big opportunities brewing for Mr. Ho to eliminate some competition for a relatively small price, or at the very least, consolidate his operations on an even more efficient basis. Something big is brewing in Macau. I am convinced of that.
I think you need to grow up. If you were grown up and mature, then you would have realized that none of these sources are credible. You cant trust anyone or anything in writing. I maintain my position that this is simply a dead cat bounce of an already insolvent company. This company trades along with the market. A string of losing quarters followed by one where there appears to be a glimmer of light does not make a turnaround for the company. We have an overbought market heading into May. That doesnt spell a turnaround... Congratulations for making money on a dead cat bounce, but dont expect further returns...
wow a lot of fighting words. OK here's the deal. It's really going to come down to LVS earnings at end of april. U have a lot of analyst already estimating in the negative territory. there is no way it will beat the estimate right? and there is no way it can possibly come up in the positive right? If it does fall in the positive territory of earnings, then u have a automatic DOUBLE in PPS. tough call ?
good point, I've been pondering over this as well. does it show weakness on behalf of adelson or does it show weakness on behalf of mr. ho? u have to keep in mind that it was both ho and adelson that had a war of words and it is now both ho and adelson that are cooperating.
bulls and bears aside for the gambling industry......In all my years of trading, I have never seen any CEO of a company contribute so much of his own money (over 2 billion dollars + over 70 million dollars in shares). I've seen BAC's ceo buy a measly 5 million dollars worth, I've seen Mel of Siri buy a measly 500K shares....but I have never seen a ceo purchase of this magnitude. In this current trend of gov't bailouts, self indulging bonuses and golden parachutes.....u simply can't deny adelson's optimism for LVS.
It's a big purchase, that's for sure. Will be interesting to see if this is a great tell on the buy side, or the last desperate act of a gambler going on tilt and pushing all-in on a losing bet.
Here, I posted an informative chart that will help you in trading. Notice how LVS went from 130 last year and has now spiked up to 5 dollars. Do you really believe it will go back up to the old levels now that it has undergone this humongous selloff? Was the selloff simply for no reason or is LVS truly an insolvent company? Dont blame market conditions. Autozone has not sold off and making lifetime highs. Its all about good management. When I was flying over Las Vegas in November of last year I wondered how all these cranes are still building casinos although we are in a horrible economy. I wonder who made these good decisions to keep expanding despite an incredible downturn. Maybe there is something I dont understand, but traders know the truth. Dead cat bounce to five and then another bounce to the pinks after Chapter 11.