DOJ sues Steve Wynn for acting as agent for China. Again in hot soup.
U
WYNN is such a classy hotel and property. But the stock stinks. Even worse is it doesn't even have a P/E ratio because it is losing money. Don't know how this is possible, considering their slots are pretty good at taking your cash. So is their buffet, admittedly pretty good, but $100 per person for unlimited Costco samples? I see Wynn at $10 per share after the stock market bottoms in about two years.
Bearish
S
Current volume = 1 million, average volume = 3.3 million. "Low volume pullbacks occur when the price moves towards support levels on lower than average volume. Low volume pullbacks are often a sign of weak longs taking profit, but suggest that the long-term uptrend remains intact. High volume pullbacks suggest that there could be a near-term reversal."
Bullish
s
Most investors in WYNN have no clue about the operations of the properties..a huge change in the policies by the communist towards Macau and gambling has totally changed Macau revenue forever..the communist have regulators on the property watching and taking names of people who bring too much cash or transfer too much money..no one wants to be identified as gambling large sums of money anymore in Macau..also transactions to transfer cash to USA casinos are being tracked and therefore now the is suddenly ZERO Chinese high rollers in Las Vegas ..I am inside the high roller world every day..believe me it will never be the same without the Asian high action that carried the whole industry the last two decades..normally 90% of the money is made from these 1%…now is a handful of domestic high rollers and regular folks..Macau is all grind play..the casinos can grind out profits but at much lower numbers than before..don’t expect any casino stocks to be huge winners going forward
T
CHINA soon to start opening back up, thats what investors are waiting for here.
J
Who bought a stake in WYNN ?? CNBC flashed something and nobody has a clue !
j
WYNN is looking good. this is the first time i bought this stock target price is 80 dollar easy
Bullish
N
Wynn is selling its online sports betting bz. Wynn interactive at a slash price of 500mil value at 3 billion 1 year ago. Bad news selling at a great loss. That why its tanking again.
Bearish
j
bargain hunter for Wynn . BRIGHT future this summer for the casinos
Bullish
S
This current report is based on winter travels and china shut down. the next report is based on reopening and warmer weather.
Bullish
S
Searched for Vegas hotels yesterday and WYNN charging $650/night in October
Bullish
J
I am looking to buy at 10. They got too much debt.
m
This stock has been painful. More painful than I can ever remember. We are at levels that I would have never imagined. I am so deep in the red that I don't even look at this stock anymore.
LVS reported and it does not look good.
I have been adding as the stock goes lower. My goal now is to double my holdings (2K -> 4K shares). I will be in position to recover losses and hopefully make some money.
S
April and May SP was $85 when the whole world was shut down. now half WYNN properties is opened and packed but SP is $61
N
Lets keep our fingers crossed. Can the shares keep rising and no more tanking.At least a sign of relieve tonight. Can catch up with my sleep tonight.
J
I’d love to buy some Wynn at these levels but I just don’t know if Macau will return to its former business model. Without Macaus high rollers, this is a different company. Thoughts?
N
First n only enterprise in Macao to acquire these international accreditations MSC CoC and ASC CoC n lots of 5 stars award. But what happen it kept tanking
B
A gift at these prices.
R
So glad Steve Wynn is no longer involved since he is being investigated by DOJ.
target price is 80 dollar easy
Bad news selling at a great loss. That why its tanking again.
LVS reported and it does not look good.
I have been adding as the stock goes lower. My goal now is to double my holdings (2K -> 4K shares). I will be in position to recover losses and hopefully make some money.