Mpel / Abr

Discussion in 'Stocks' started by btowntrader54, Aug 1, 2008.

  1. MPEL - Forming a nice double bottom at $6 on small volume following an initial selloff on strong volume. Plus, it's a high roller's casino operating within a 5 hour flight to over 300mm Chinese people. Economic growth + gambler's tendencies + rebellious attitude toward restrictive gov't = cash money.

    ABR - earnings coming soon so be careful. Looks good technically and fundamentally has held up fairly well.