Do U realize last biz cycle LVS hit 150$ with only 2 casinos operating full out!!!
Provided that LVS does not have serious trouble with its debt covenents, it is poised for a long growth phase in revenues and profits. If MGM is able to handle debt problems (which are much worse than LVS), then LVS should be able to handle too. This is exactley what the stock market rewards: big sustained growth in net earnings and revenues. I am long in lvs, wynn and mgm but believe lvs has best upside.