who cares what barney thinks. he's retired now and his voice has no voting impact on legislation
I TOLD you man. stay on the train. you are ur biggest enemy.
LVS was selling at $2 in 2009 and everyone thought it would be bankrupt. 5yrs later its at $60. many many many people on the same yahoo msg board sold way too early (including me). its all about sitting tight and doing nothing
yes but this will slowly change as they are forced to lift them out of c ship and sell off their remaining shares to the public. privatizing them now would be stupid
in this case. its the govts best interest to NOT wind them down.
they get paid with the sr preferred dividends + common warrant.
up 40. up 160%. will still hold bc fair value is not even close to being realized. market cap north of $75b would be fair value
1. current price is about 1.60 with 950mill shares. current market cap is 1.53b
2. 1-10'split means price will be about $16 shares with o/s of 95.6mill
3. $16 shares with new diluted shares would equal 2.27b new shares + 956 mill. equivalent to 3.2 b outstanding shares.
4. new market cap would be $16*3.2b shares = $51b market cap!!!!
that is going from a mkt cap of 1.53b to ~51b!!!
this is a big time short