MPEL - Melco PBL (Macao gaming)

Discussion in 'Stocks' started by btowntrader54, Oct 1, 2007.

  1. I won't recommend the stock since my firm owns it for clients, but please put in your two cents.

    Facts:

    *Owns licenses for gaming in Macao
    *Joint venture between Melco (asian co.) & PBL (Australian co.)
    *Both firms specialize in hospitality and/or gaming
    *Influential & well-connected leadership with Mr. Ho (Melco side of things)
    *Has had negative financing issues
    *Recent stock price appreciation

    Please offer your ideas in this thread.