Krusty is right about 47% of the time. But his right bets move bigger than his wrong bets do, so he clocks a net advantage. (At least he used to; I haven't looked at the tracker for him on the Motley Fool CAPS in over a year, because Motley Fool is a spamming sewer.)
"I did it on" the original thread.
Mobile screen keyboard is interacting badly with these edit boxes, doubling words and apparently deleting them in bunches.
I would recommend it. It was a good investment at 200, and panic over government intervention has only made it better. If your time horizon isn't pathetically short and reactive the company's plans should pay you off well.
They have plenty of cash and are investing for the future but not using the cash to do it, so the dividends are pretty safe.
But, if you're really an income investor, the yields on mREITs and energy MLPs are quite a bit better, generally 10-20%. Oil MLPs are depressed because of OPEC's anti-shale gambit, so current yields of 20% are easy to find, but since MLPs hedge unevenly it's not easy to tell which will stay there and which will have to retract div rates as their delivery prices follow the market. mREITs are even trickier, because the Fed may raise short term borrowing rates at any moment, taking chunks out of profitability. And you get to compare total economic return potential of those against this. The growth due to accrue until Wynn Palace opens should exceed yield as a decision factor.
Were you looking at Q3? Of this year? Because in that balance sheet assets (including nearly $3 billion in cash) exceed liabilities. The Current Ratio is 2.5.
30% of the debt is the promissory note for the Okada buyout, which has low maintenance until the principal is due in 2022.
Some of the rest of the debt is new capital being used to build new plant in Macau, which accrues asset value as construction proceeds (albeit some of the debt may accrue as well).
I bet your debts actually exceed your assets, but you're not doing anything constructive with it. Wynn is building a facility that will make a large quantum improvement in market share, revenues, gross profits, and EPS.
Yes. It would have made sense for AMD to list on Nasdaq. When it first issued stock 40+ years ago.
But Jerry Sanders, being a flaming egomaniac, insisted on being listed on the big-boy exchange.
Which was soon overtaken in importance by the Nasdaq, which had all those high-flying technology companies on it during a high-flying technology boom.
But moving there now? That just costs money. All that marketing material that touts AMD's existence on the NYSE will have to be refactored and reprinted. IR will be going crazy explaining this to shareholders a hundred times a day until the company doesn't exist any more.
Which could be before the ink is dry on the new paperwork.
No it doesn't. It doesn't make a nickel's worth of difference.
The only reason for AMD to change exchanges is because it doesn't want to have to admit it will soon be forced to change exchanges.
I haven't changed, and you're still a liar.
Li knows that Macau will remain a gambling mecca. And you know that Wynn, being a primary concession holder, is not going to lose its license unless the PRC shuts down all gambling in Macau. Any changes to the structure of gaming development in Macau will only help Wynn.
So your posting of Li's statement and then pretending it is adverse for Wynn is just more trolling. Calling you a troll isn't calling names, it's just letting you know people can see what you're doing.
The reply I replied to disappeared, but my reply was still significant, so I'll repeat it here:
That depends. Did they take any of it with them? Or worse, leave a winner? Doubtful. If they lost it all back, then all the hosue is out is a few grand for perks and labor. They go through the process of collecting primarily to set an example and validate the principle that a bet is a bet. But from a profit and loss standpoint, it's not that big a deal.
Another stupid lie. I have not responded to every one of your posts. Your compulsiveness, your emotional instability, and your lack of credibility is perfectly capable of standing on its own without my pointing it out every time.
I did respond to this, but I did it on, and not here where you copied it trying to hide from the chain that led to your fallacious pretense that I'm the one who's playing semantic games.
You're pathetic and obvious.
That depends. Did they take any of it with them? Or worse, leave a winner? Doubtful. And if they lost it all back to you, then all you're out is a few grand for perks and labor. You go through the process of collecting primarily to set an example and validate the principle that a bet is a bet. But from a profit and loss standpoint, it's not that big a deal.
I didn't, and I won't have to, and what does Li Fei expect Macau to do to replace gaming?
Keep trolling, troll.
He was President. And he was right. As am I. You are just a troll, caught lying about his own lies.
By the justice department and their own lawyers.
You are the one playing with words, liar.
Running off to another thread to hide your hypocrisy won't help.
No, it wasn't near 5-year highs. It was merely nearer them.
As for the people on AMD who call me a liar, they're no more rational or honest than you are. They've hated me since 2006, when I started telling them to short it. Using them to bolster your insults is hilarious.
Stay cross-eyed, my friend.
Prove I said they were found guilty in a court, or apologize.
You can't even read. You're so cross-eyed over being caught lying you're making up things to whine about.
I call you a liar, you demand proof, I provide proof, and instead of thanking me for the proof you pretend I'm somehow childish for even responding.
Your reliance on fallacy, intellectual dishonesty, projection, and disregard for the truth are noted.
I have, and while a portion of it is sitting in the red it is still safe. Because my time horizon is much longer than it will take to shake out this event.
Post hoc ergo propter hoc is no way to go through life, kids.