Shares of U.S. casino giants traded sharply higher Monday after several research firms called out signs of strong Macau gaming revenue in the first 10 days of July, saying results were tracking "well ahead of the previous trends."
"According to our industry sources, based on gaming play for the first 10 days of July, gross gaming revenues in Macau for the month is estimated to be tracking up approximately 8.2 percent year-over-year," Telsey Advisory analyst David Katz said in a research note Monday. He said this positive trend includes electronic gaming estimates for July, which would put monthly GGR essentially equivalent to about $2.53 billion.
In early afternoon trading, Wynn Resorts (NASDAQ: WYNN) shares were up 5.5 percent and Las Vegas Sands (NYSE: LVS) was 4.8 percent higher. MGM (NYSE: MGM) shares gained nearly 1 percent...
News is available on Yahoo news.
The report on MaCau July gaming numbers look good. MaCau gaming commission has decided to assign 20% more tables to Waynn Palace !
The big rebound starts!
1. lower debt level
2. more operation cash
3. major customer sign-up
4. major asset acquisition.
Big run-up is about to start!
They are so panic after they shorted Micron technology with so much money last Friday!
They will be investigated by SEC and FBI! Washington DC influential figures will jump in!
Do not try to influence the retail investors and institution investors!
Borrow all your family fortune to short this stock? Or, Are you Motely Fool or Needham analyst?
You morons idiots tell me! The market sentiment has shifted! You will see!
They are the flunk students in college! They are a group of idiots!
Is it clear now?
These bears endlessly spend time during the July 4th weekend to bash Micron stock like the way they bash Hillary Clinton! They know they will be quashed to death!
They understand semiconductor business well!
Totally stupid warning!
If USA is weakened by these freaks, I would not be surprised! They tell you "No Turn-around in sight! They told you George W. Bush was good in year 2000!
Now, you look back "Have they told you the truth?" All the lies for their own selfish interests!
Do not follow them. Follow former Morgan Stanley CIO "Byron Wien", please! He said "Hillary will become USA president!" He said "Micron Technology will turn around with just developed technology and Intel and Micron will thrive together!".
It is because Samsung owns the wafer fab- the advantage of vertical integration.
Apple bought Atmel 90nm wafer fab in North First Street, San Jose, CA is for R7D cycle time reduction reason. That wafer fab can not be upgraded to 10nm like Micron Technology's.
Apple staff know at some point they have to buy out Micron Technology in order to compete against Samsung!
The technology will wipe out Samsung!
Micron Technology knows ny itself it can not knock down Samsung completely and it needs Intel to jointly massively produce 3D NAND XPOINT to knock down Samsung NAND flash business!
Micron Technology collect the royalty payment for every 3D NAND XPOINT chip as well as the licensed IP with 3D NAND XPOINT!
I would not be surprised to see Apple make a move to buy out Micron Technology at $25 per share!
It is most difficult technology to develop on earth!
Not so much about other things! Numora recommends Micron Technology is based on DRAM price rising and Japanese customer Hitachi, NEC, and Panasonic have booked large volume 3D NAND XPOINT chips for the quarter of January to June, 2017.
Now, these customers are qualifying the chips on their system boards. The same thing to Apple and HP.
The system board qualification and design fine-tuning takes at least 5 to 6 months! What do these bears want???
3D XPOINT is to address that concern!
Bears on this board are so panic to scare investors! Because they know Micron Technology has the most powerful weapon on earth!
Even Broadcom(AVGO) CEO Hauk Tan said he must buy out Micron Technology now based on his lieutent Doug Smith (CTO) recommendation.
Samsung wants it. Samsung has to make a tender offer for $20 per share!
All those R&D money spent totaled more than 6.5 billions in 10 years from both Intel and Micron Technology.
By 3D Xpoint technology, Micron and Intel will round up more than 80% global market share plus push Samsung into less than 10% market share! Hynix will be extinct after all!
I suspect Micron Technology is doing the same thing by developing the state of art memory chip and put self up for merger!