Shares of Las Vegas Sands Corp. (NYSE:LVS) have received an average rating of “Buy” from the twenty-three ratings firms that are covering the stock, Analyst Ratings News reports. Five research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $82.57.
Then and now, was there any difference in fundamentals ? Not really.
Was there any crisis in finances ? No.
Just Weidner's mutiny, but most of all syndicated shorting conspiracy.
Can it happen again ? Possible.
They have managed to pin LVS down for 6 months. Globally, they have full grip on casino sector.
They are still gunning casino sector down. They are waiting for March 2015 when panic sell May happen.
In 2008, they managed to gun it down from $140 to $70 in 6 months.
After that, the market helped take it to $5, then $1.50 in March 09.