more shares before it will be sold out.
You are right that the yield is 6% + but you forget that the price of stock must remain the same or go higher in order for you to benefit of such rate. If it (the price) goes down it does not worth it. You will loose money any way.
Betting on WYNN now is looking like gambling.
It will take a lot of time for WYNN to be back at its golden time.
or $10 per share if Macau revenue is not improved.
The highest point of this stock was at $247, so what will be the lowest point?
I am looking an entry point but I was hesitated.
This company receives A rating by Schwab equity rating. I am looking a comfortable entry point. This stock is valued around $3.5 by the year ended if the market stabilizes.
Not yet. Wait until it hit $60.
WYNN may drop more, I will buy at $60