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Asia Entertainment & Resources Message Board

  • ericallengold ericallengold Jul 5, 2012 3:27 PM Flag

    RCT should mark a bottom

    I have suggested using RCT as your guide. The stock has maintained a very high correlation to RCT.

    UNLESS AERL is a total scam (the business does exist unlike many of the "scams") from a management trying to screw US investors perspective, AERL stock should bottom with today's pitiful RCT number.

    The cage capital suggests total turns has been cut in half. My take is that junkets have been cautious with lending since the european crisis surfaced.

    My thoughts only.

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    • ... and now we know why the stock has been week this qtr. Net Win Ratio pop has a negative inverse relationship to RCT. We don't know when in the qtr the "big wins" occurred, but no doubt, the writing was on the wall for those in-the-know.

      Time to look forward, any downward knee jerk reaction, should be considered a buying opportunity to add to positions.

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