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Las Vegas Sands Corp. Message Board

  • cronjms cronjms Feb 26, 2013 9:52 AM Flag

    All Macau stocks down. Must be a Rumor

    The shorts are playing games again.

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    • Yesterday, MF Writer Travis Holium implied that Macau has a hold on exclusive gambling in China but that it may change in the future. That kind of speculation can rattle LVS and WYNN.

      Sentiment: Buy

      • 2 Replies to cantdance123
      • Yeah, Travis Holium article clarified he's not just a Motley Fool, he's a total ignoramus.

        He was still making use of the Hainan Island fiasco, where that one hotel had a non-cash gambling game in their bar, but turns out they were not authorized and were clobbered by the central govt as soon as the media picked this up. Clearly the hotel's strategy was to present authorities with a fait accompli and see what happaned. Well, what happened is that they got squashed.

        The central govt is firmly behind enforcing Macau's gambling monopoly and anything said otherwise is pure speculation. Were they to branch out and allow a second venue, you know this will have to be far into the future as they have very recently pulled in mega-dollars of foreign investment based upon Macau's exclusivity. Not saying the monopoly goes on forever, but it looks very safe for at least the rest of this decade . . .

        Sentiment: Strong Buy

      • The MF story was all BS. The Chinese shut that down as soon as they heard about it. But, you are correct . Savvy investors do not pay any attention to the Motley Fools.

    • Its called manipulation. When they pick up enough cheap calls they will run it back up.

 
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