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Melco Crown Entertainment Limited Message Board

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  • cantdance123 cantdance123 Nov 16, 2011 5:03 PM Flag

    Wow...Getting Hammered again today..

    awesome: Good points to be sure but fundamentally the company seems sound and the wall of worry seems to point to things like their upcoming HK IPO and the possibility of business slowing down. Anybody can create something to worry about even when things seem great. I entered at 9.81 rather than over 11 so the move down hasn't been as riveting as yours. My greatest concern is that Europe won't get its act together and/or our own politicians will continue to be an ineffective solution to our own problems. It's scary enough where I may have to just stop being long and go short until the dust settles. But I still don't see any valid reason why this stock should be pummeled right now.

 
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