All dumb traders need to realize something. This is the time to buy these beaten down stocks. When you wake up in the morning guess what, the economy wont be better. It's a long recovery and takes time. Investors will bank large profits from companies like LVS, CAT, X, MGM. The list could go on. Do you load up on these companies when their $50, $75, $100? NO! Buy low and sell high. All the negative people here realize this as well but just wont admit it. Where will LVS be in a year or two?? A lot HIGHER!!!
We all know when the economy turns around (and we all know it will) people will flock back to casinos. We love to eat, drink, party, and gamble our hard earned money away. In case people forgot, this is not the first time the economy has had problems.