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Iao Kun Group Holding Company Limited Message Board

  • puthimon puthimon Nov 18, 2013 1:20 PM Flag

    IKGH going to zero?

    For the past 10 years I have traveled to Macau and invested in LVS, WYNN, and MPEL successfully as a way to play the Macau gaming / casino surge. I have owned some Hong Kong listed shares as well. Taking a look at the 5 year charts, you can see LVS, WYNN, & LVS have paid well.

    About 4 years ago, a fellow investor brought AERL (now IKGH) to my attention as a potential investment. I was familiar with the ugly world of agents & the credit business in Macau and visited AERL. After detailed diligence 3+ years ago, I shorted AERL, now IKGH. I then posted on the AERL message board my rational and later 40 Reasons I believed AERL would eventually trade at zero. The stock was then trading above $9 per share.

    I further told the board, an investment in LVS, WYNN, or MPEL would payoff far better in the long term.

    Well, I learned there were some annonymous pumpers of this stock. They waged a campaign not of refuting my thesis, but of ignoring or attacking me personally.

    I still believe in Macau and LVS, WYNN, and MPEL. Importantly, an article was written today in Investors Business Daily ran a piece today on what I have been saying all along, Macau is great if you invest in MPEL, WYNN, LVS - See story "Las Vegas Sands, Other Macau Casinos, Enjoy Big Gains," based on RBC Capital Markets analyst John Kempf's report.

    As I have said for 3 years+, you can still get it right by taking whatever $ you have in this dead money fraud headed for $0 and invest it in the winners of Macau.

    IMHO, it Macau has grown massively in the past 3-5 years and the winning stocks prove it is possible to succeed as an investor in playing Macau's continued growth with a well audited bigger company not in shady business.

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