rather sickening if you ask me. fundys don't seem to matter, its all technical based and when the charts look bad the analyst cockroaches comeout of the woodwork
This explains why the stock had been selling off on no news. Evercore probably alerted their clients of the intended downgrade ahead of their action. All part of the scam!
Unbelievable that people are following this monkey's advice!
And we get this??? Tell me these markets ain't rigged!!!
short interest even higher in WYNN. Outright bear attack.
Funny thing is MS still has a buy on the stocks even after their bogus downgrading.
Steve Wynn recently said that Vegas is the best he's seen in 40 years. I think they are over playing weakness in Macau however. I'm long both LVS and WYNN here and this weakness is a blazing buying opportunity! Saw the same thing happen in biotech after Yellen's negative comments and look where those stocks are today! Just have to suffer through a little pain until logic returns!
Why does this always occur on Friday??