I get that as we broke levels and now must run; but what is funny is THERE IS MORE COMPETITION IN THEIR CASH COW MACAU and the go up. I am long though until I see at least 64
they have new capacity coming in Macau, then potential expansion to new markets (Spain, Japan?)
....plus recovering economy in Singapore and even little Las Vegas (if Obummer chills his jets).
summer, where are you getting competition....none for a couple of years....lvs has pretty much tied it up......g.
Sentiment: Strong Buy
Right... This "summer" guy is new, goos. So was the 24/7 guy who wrote the piece on Palazzo Versace today...
... the piece suggested that SJM's cotai development is their first in Macau.
You've got a few posts revved up out her, girl. excited, are we? ;-) Looks like a closing high could happen today.
'bout time, eh? S.
Further, by time new competition there will be more people via Hong Kong Bridge, trains and planes. LVS said this would be 100 billion market within 5 years. I see no shortage in demand.