Atlantic City is toast, Vegas is running out of water, no smoking almost every where, stricter gambling rules, a changing demographic...millenials are a lot less able and not as much interested in what us boomers are accustomed to. LVS has a lot of debt as well and sooner or later their dividend may be in jeopardy and that's all that is keeping this stock up right now.
If you talk about something long enough, nothing much usually occurs...it was once said that if we start pulling back on QE all heck would break lose...and of course it didn't...they are now talking endlessly about having to raise rates....that as well will end up not negatively affecting the market...its brilliant actually. See ya at Dow 20000 next year
Sentiment: Strong Buy
I agree but if that was the case at least 50% of the posters on Yahoo blogs would end up there as well. Lets face it, Yahoo is no more than an entertainment site with little benefit to the serious investor or trader.
You know that firms are lining up to get stockholders to take RAX to task...is it right...no, but thats the way things work these days. I for one will not participate in such tactics and find that I would rather take advantage of this pullback to add
The pros trade back and forth for a while then they push up the market to new heights, then back to trading for a while, then repeat as needed...all the way to DOW 20000 and S&P500 to 2500. This is so easy that any chance for a bear to rise again can be dismissed entirely for at least another 2-3 years
Sentiment: Strong Buy
I took this as a chance to buy back in for first time...I know what CREE has in its arsenal and down the road the stock will price this accordingly. gl
Might close under $20...and if it does, I'll buy more. Still believe in the company.....I guess its taking a breather before the next jump, but some news regarding payment better come through soon or this may get ugly.
You can always notice which ones they are...either they bash a stock without mercy or merit or bless the stock with unreasonable expectations like it was akin to the Second Coming! Good entertainment though!!!
Sounds like a buy to me...LOL
I am glad I sold on Friday at $16.86....love the concept but unsure about short term future. Will wait and see how these potential lawsuits are handled...everything is so alleged right now, no one should jump to conclusions. My selling was merely from having made back my loses and had some nice profit. Hopefully management will make a statement on what is going on behind closed doors. glta
Not sure about this stock right now...whats keeping it up other than speculation which in a matter of minutes be swept aside. My gut tells me to sell at the open, make back most of my losses and watch to see what occurs and if this is truly legit, get back in albeit a few bucks higher but at least safer...right now we all seem to be in the dark
I understand what you say but I believe the news item also stated that the stock had lost 30%....I did not notice that unless this is an old story which just conveniently came up again....who knows anymore...and your feeling about the Wall Street game is warranted, but then there is a lot of money to be made or lost in a day and would you if you had the chance and or ability, want assurances that the roll of the dice came up more often in your favor than not....like you, this is just my opinion