-21% yoy.. to think squeeze rode this all the way down from $45 and bought a.boatload at $36.. trying to impress with words like quant, sleeves, box shorts, am, pm, sell side.. everybody was wrong.. LOL.. only one person was wrong and that is not a WE or an OUR.. very amateur to come onto a yahoo message board and tell people you are a money manager.. a show of hands who believed?.. I respected IBD Morgan and all the institutional analysts who changed and were right.. MPEL up pre-market.. maybe $23 discounts it all here?
Lawrence has become very good and cc q&a.. does not fumble.. still Wynn is confused and I am sure so is everyone else.. like Tam said.. 2nd half 2015... but you buy now for the turnaround..
you can only fight it so much.. I feel fortunate to be +19k on this stock.. I just feel Wall Street is going to keep fighting on this one.. accounting and bribes I just do not want to be here.. I wish Longs the best and it would be nice to see $15.. but I do not want to be in Brazil.. just happy to have the cash.. World Cup a fiasco.. this is not over.. count me out.. China could have problems as well..
not Brazil.. I like a lot of cash.. wait for sell offs and buy the Wall Street Darlings that bounce back fast.. that is how you played the Bull Market of the 1990's.. Market Sells Off and they buy the Strongest Franchises.. PBR has too much manipulation and friction for me at this time.. that 8 week sell off from $20.94 was a little too much for my taste.. a great stock to trade but the $20s and $30s took a major blow.. GLTA
Union Pay, VIP Crackdown, Smoking Ban, HK Demonstrations, 5 consecutive quarters of negative growth, end end -23% yoy growth, expanding supply into negative growth, Japan Vote Cancelled indefinitely, he laughs at everyone else because it is all about quant, sleeves, box shorts, pm, core, like $45 to $23 means nothing???
not completely done but TOO MANY UNKNOWNS???...Look at Revel Atlantic City.. and Studio City still does not have Table Games Approval.. Barrons said the truth Q1 2015 will be the bottoming out process.. and that is another 5 months of deleration.. Bong Hits?.. the only one on drugs is Squeeze.. LOL
Listen I am a MPEL long.. and I am a realist.. MPEL sells off on earnings even if then beat.. why?.. I do not know just the way Wall Street trades it.. as far as Manila they have a 50% stake in a market that is $2B.. their slice is about $250M to $300M a year or $75M a Q at the most.. even if they can get $400 or 1/5 of the pie would mean MPEL COD will need 40% Market share.. all said Manila is not a Game Changer.. in the long run MPEL should be a good investment and will retrace back into the $30s but is $23.15 the low?????.. that is an UNKNOWN?
problem is Chinese Government think about it.. MPEL is building a $1 Billion Dollar Plus Casino and the Gov says you do not have Table Games??? WTF is that all about? Hong Kong going nuts//... -23% market share needs +30% to get back to where it once was.. stock is dead money at best for awhile.. $30 to $32 will be a tough line to get over.. No Japan Vote?..Macau Stocks the worse performers
the only question is HOW LOW CAN THE WHALES lower the price before you get a meaningful rally.. THE BIG MONEY will get it as cheap as they want it.. LVS another new low.. is $23.15 the on MPEL?.. or $22 $21?????