Reverse splits seldom work and usually bring the share price down. The price may double, but you will only own 1/2 the number of shares you own now. Then the high price will drift down. What the stock really needs are strong REPORTED quarterly earnings. The last two have been misses. Rumors of how good Macau is doing doesn't cut it in the investment world, only hard numbers and EPS improvements.
It must be miserable to be short LVS. this company is going to have the best quarter in history. This nonsense Jacobs did years ago will be behind us shortly and there will be only a minimum fine to cover DOJ and SEC cost. Then this stock will head toward $80. If a REIT is announced, it will head to $80 VERY quickly.
You guys should short penny stock and company's with very weak fundamentals. You now have yourself in a very bad bind don't you.
Do us all a favor and just cover and shut the hell up and take your silly stuff off the board. I'm getting tired of hitting ignore!
This past weekend, the shorts in a total panic took a bit of old news out of context and tried to push LVS down AGAIN. It will be their last hurrah.
LVS has fully recovered from their last ditch effort in only two hours, in spite of their efforts, and in a down market!
After Q1 earnings, this beast will outperform the sector and the market!
Good idea but not possible. LVS is a highly political stock. SA and the administration are at huge odds with each other and it affects LVS greatly. Just the way it is.
How do you know the market wouldn't be 20,000 if Romney had won. The market is where it was in 2007. Six years, SIX YEARS you idiot. You need to stop worshiping this idiot because he is black, no 1/2 black, and do some research about him and find what a loser he really is. And how stupid the American public is for voting for him in the first place. Barry is a communist elected to President in a capitalist country. Not King, not ruler, but president. The structure of the US is not what it is in China Tony. Learn about the limitations of an American president and how American government works before spouting your #$%$ here. When America has a Business and industry President again, this economy will sore again,( If Barry doesn't do to much damage ) and then we will see the market perform.
Earnings date has not been announced yet. News sites are guessing and making estimates. When it is announced, it will be posted on LVS investor relations web page.
If LVS loses, and that's a big if, and they get the $350m, it's only 30 cents a share. I personally don't understand why they drag this on. if they had closed it out at the $100m and dealt with Jacobs. This fog would be gone and LVS would probably be trading in the $70's. JMHO
There are 824M shares outstanding. Even if the share amount have doubled from 400M to 800M, that would put that $160 per share adjusted to $80 per share. We are still under by $22 based on the number of shares.
Serious question. I don't pretend to be an expert investor, I do make enough to live on. I'm trying to understand this. I have been following LVS for two years now. Understanding the metrics of this company and an improving economy both here and in China, Why on earth would any fool short this thing. It has the potential to be a real monster and any announcement of a new project or REIT could send it up 20% overnight.
WHY would one ever short it right now? Just trying to understand.
An added note, SA was very clear they would not sell their properties because he didn't want anyone to learn how their business plan worked. He said in the CC that he didn't want anyone to learn how to "make a key". Nobody asked about PA after that comment, but It sounded to me like they didn't want to sell anything. That must mean a future REIT is probably going to happen.
I don't believe the market will correct more than a couple of percentage points until big Ben stops dropping 40 billion of freshly minted money every month. When the Fed stops funding the rally, we will see the correction.
Simple, overbought. Just look at the 100 day daily chart. VERY predictable pullback. This is a day traders stock with a very high beta. It is going to trade on the technical charts. period.
Look at last 4 qtrs of earnings. Trading just where it should. When earnings move, the stock will move up. just that simple. Investing takes patience. Learn to daytrade and this is the perfect stock. Good daytrading stock that pays a great dividend and fantastic future growth. What more do you want?