I was in Macau visiting relatives in mid Nov - Dec, I personally visited City of Dream, the lobby of the hotel is literally jam-packed with tourists, are you sure you were at the right place??
Chinese new year is more mass play, no wonder LVS grabbed 19% market share. This was expected. And this dude Amos who invests in Aerl stock came here to complain about Mpel. Dude that is just too funny.
I'm not complaining. I made 10k in two weeks from MPEL. I'm just telling you the casino dosent compare to The Venetian or Galaxy. Travel to Macau and see for yourself. AERL will be a good stock in the future trust me I stayed with MPEL through the hard times.
This article just backed up my belief when I traveled to Macau. Melco has a terrible casino. A few weeks back they reported that they are redesigning the casino. Terrible planning when they built this casino. I hated the layout and feeling of the casino.
This article leads me to think MPEL will have a great 4th quarter. Because getting more successful secondaries is MPEL's top priortiy to build MSC, fabricated bad news such as losing market shares in January is necessary to keep the price from moving up too much. In theory, MPEL has a history of teasing shareholders with good news(such as a great 4th quarter)just so they can create validated reasons to issue more shares without pi@@ing off shareholders too much. At the end of the day(Lawrence's signature way of BS), they do what the must for the interest of shareholders in the long term. With that said, my great, great, great grand kids will be very rich in a couple decades.
Word of advice: Hide all your valuables if you happen to invite Lawrence in your home for dinner or coffee.
In any case, the stock price "should" move up today. If not, then we are definitely playing with a deck of marked cards.