Macau Gaming Inspection and Coordination Bureau announced the May gross gaming revenue rose to 32.354 billion patacas, representing a monthly increase of 3.3%, or a yearly increase of 9.3%.
For the first five months of the year, the gross gaming revenue equaled 165.871 billion, up 15.8%.
That's a kick in the nuts. The run rate was +15% one week ago so I wonder what happened? Maybe very low hold but it has to be more than that. So much for jumping over the 50 and 200 dma's. We're going to see $33's again.
With sooo many negative articles, real or imagined by the red barron lady & fools, mpel & lvs have become trading stocks & will continue to be so over the summer. Pick your spots wisely.
Great Buying Opportunity . I added some shares
correct......right back down.....
(I was getting so close to exit target too)