The growth of the economy is forecast to slow in Q2, although this is not going to be reported for at least 2months. Mid May is when a snapshot of Q2 for entire USA economy is reported.
Meanwhile, LVS is just treading water.
I think big players ramp up the price to $65 -$70 in next 5 week, then use the summer lull to short.
The risk of shorting is news item on the Condo sales in Macau or more news on a REIT conversion. Either news items will take this up $15 points. If Japan legalizes gambling, which it will based on falling tax revenue and aging poplation, that will also push LVS up 10 points over a month.
Once the SEC and DOJ drop their mickey mouse investigation, look for a $7 -9 point rise.
Thus, lots of long term positives, while a the summer swoon is a well known trend.
Bethlehem was packed last Thursday, day and night and I'm told is is like that every Thursday. We decided to go on a Thursday this time because you can't even get a seat at your favorite machines on the weekends. Wow were we surprised on Thursday. I don't see a sale of that place anytime soon. JMO