I wonder who that is?.. hmmm..let me guess.. LOL.. good luck Squeeze we are pulling for you and MPEL.. just do not like the government crackdown and restrictions.. lawrence is the great!!!!!.. having to deal with the government restrictions caught us all off guard.. hope $20 holds?..
I scale trade in and out.. right now $79 and change.. sold and bought $2 already today lowering my cost basis.. made 13 trades in BABA so far today
Squeeze and his multiple aliases.. LOL.. 'loved and bought it' all the way down from $45 to $19.. ggr will bottom out in june/july but don;t expect a quick rebound.. manila $52m in revenues q1 ( like I said $125m max over next 2 years ).. altira $148m revenues close it down and move the tables.. studio city will open q4 2015 or q1 2016..
estimates came down from .31 to .22 to .19 ( 7 days ago ) and they still missed big.. the $21.50 gap was not filled expect more selling as the market corrects.. MPEL $16/$17 will be a good place to start buying.. MPEL $19 too expensive..
they should close Altira as one poster already mentioned and move the table to Studio City.. the call sounds very depressing
that was a no brainer.. BABA revenues +45%.. and once option lock up is over good profits growth going forward.. Macau -40% revenue growth.. THIS IS NOT tricky QUANT people!
you are a GOOD MAN Paul and it hurts me and yet at the same time I RESPECT YOU for admitting you mis-calculated MPEL's Fundamentals.. Let us hope the Government steps up and protects the Gaming Industry of Macau.. There is still a 4.5x Vegas Pie to be cut up.. the new supply is of concern as something will not survive.. I am looking at MPEL $16 to $32 over the next 2 to 3 years.. be cool..
I think we get a rally off of today;s lows.. but WE ALL are guessing.. WE ALL have been waiting 5 years for the 10% correction.. bottom line is JUST TRADE these stocks..