LVS S&P raises ratingone notch to B from B- (30.15, +0.39, 1.31%) .
Reminder folks, this is still deep into JUNK debt category. There are hundreds of other blue chip securities with large dividends with PE's falling to the 10-12 range or even single digits.
Market could take LVS down huge on a whim at any time. Just a warning. While in theory LVS might be worth $31. Most other stocks in the market are trading at 30-40% discount to analyst target prices. LVS could become one of these at any time. I'm a seller.
I agree 100%
Time, profits and tack record are FAR on my side on this one....I have plenty of time and the resources to come back with a big loud I TOLD YA SO again, for the 35th time.....
You would think the first 34 straight wins would be enough, but I feel like plenty more is available here....
They will NEVER pay down 13 billion debt at just 14 million profit per quarter....never