thanks Grftt, Australia made sense.. Manila is only 2 hrs from China need to open the doors!!!.. will land in Bangkok on Oct 3rd.. will stay in condos.. I will wait until Feb trip for Manila/Macau.. e hopefully house will be sold and can stay 3 months..
now admit it Jerry, did I not try and school you?.. was it not I who said listen to Wilson Phillips 'Hold On'.. things will change, things will go you way!!!
in the meantime SPPI is sticking its head back over the 200 day ma.. slowly gaining the MOMENTUM it needs to PROPEL this baby UP UP & AWAY!!!!
but YOU WERE RIGHT Jerry!!!.. you just got emotional and 'sold at a loss'.. PBR cleaning up years of mess.. headed into the $20s!
they say Australia is where a lot of VIP is going another long flight.. Manila only 2 hrs from Hong Kong.. we will see what Ho and Packer have learned over the past few years.. need to hit the ground running..
you and I both know $77 to $10 sell-off.. ( $10 was the poker table WHALE SLAM DUNK ).. this is a REALLY BIG COMPANY!!!
you should have gut it out and held on Jerry.. and then you would be "singin' and dancin' in the money like the rest of us.. it is hard for us to listen to the guy that sold PBR $10.20!!!
thanks Jack and there you have it.. the price did not lie.. when you have 'negative surprise numbers' like this stocks get punished.. like $45 to $25.. MPEL lost at least a year of earnings growth here.. it can rally to $32 - $36 over the next 12 months but it could also continue selling off to around the IPO of $22 before the damage is through.. that is how the market works..
2015 estimates ( $1.73 ) have been lowered to what 2014 estimates were 90 days ago.. 2014 lowered to $1.43 from $1.73.. the 23 analysts are saying 2 new casino openings will mean nothing to MPEL's bottom line.. they all cannot be weak sauce now.. there are serious problems in Macau.. Manila COD to open the doors and thrive!
Reven is desperate now.. he is losing it all.. he has been short all th e way up.. PBR to $25 year end 2014..
China is still a communist country and you cannot trust the commies..