Want to remind all those who are long with MPEL stock to recall the tender purchase declararion of MPEL stock by MELCO for $17.00/sh. This repurchase idea of its stock is to be accompliched by borrowed money. My assessment is this MELCO descission for $17.00/sh is the bondage chain that prevents MPEL stock to free flow upward. Why in "Hell" would MELCO make such a thoughless preposal when they had plenty of opportunity to repurchase from the historical low of $9.95/sh via incognito purchase entities. Furthermore, it is the fund;investment; and brokage groups that control,to set a trend. As individuals taking a position long/short is coincidental. Individually, we can not effect influence, but only Bullbate among ourself and that is it in a nut shell.Concur,MPEL should be in the same stock price as its' American counterpart. At least equal in value to BYD stock. poliak
are you talking about the $250M SPV that issued convertible bonds? The investors in those bonds would want the stock to go up a lot more than $17 so they could get some sort of return. It's not a drag on the stock price.