the analyst that appeared on CNBC recently and named these and gave reasons why they would go up..has been correct so far...
new highs in these and perhaps others -
http://stockcharts.c...allery.html?lvs
http://stockcharts.c...llery.html?wynn
http://stockcharts.c...allery.html?mgm
gaming
Started by
hiker
, Jan 10 2007 05:25 PM
7 replies to this topic
#1
Posted 10 January 2007 - 05:25 PM
#2
Posted 10 January 2007 - 08:25 PM
WYNN hit 100 earlier this week and added gains today. CES show going on in Las Vegas -- I'd guess many rich tech guys are experiencing WYNN for the first time and then calling Scwab.
#3
Posted 10 January 2007 - 09:36 PM
It could be their $12 waffles but I think it's China.
NEW YORK (AP) -- Shares of casino operators Las Vegas Sands Corp. and Wynn Resorts Ltd., which have both expanded into the Chinese gambling region of Macau, climbed Wednesday on revenue results from the area billed as Asia's Las Vegas.
The Macau Statistics and Census Service said that November gaming revenue increased 32 percent over the year-ago period to $598 million. Unofficial numbers for December suggest that revenue will be up 57 percent over the year-ago period.J. Cogan, an analyst with Banc of America Securities, said in a client note Macau's gaming revenue could grow to $13 billion to $16 billion by 2010.
NEW YORK (AP) -- Shares of casino operators Las Vegas Sands Corp. and Wynn Resorts Ltd., which have both expanded into the Chinese gambling region of Macau, climbed Wednesday on revenue results from the area billed as Asia's Las Vegas.
The Macau Statistics and Census Service said that November gaming revenue increased 32 percent over the year-ago period to $598 million. Unofficial numbers for December suggest that revenue will be up 57 percent over the year-ago period.J. Cogan, an analyst with Banc of America Securities, said in a client note Macau's gaming revenue could grow to $13 billion to $16 billion by 2010.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 11 January 2007 - 07:11 PM
I guess those $12 waffles are paying for the lawyers on this little Picasso problem...
Edited by Jnavin, 11 January 2007 - 07:13 PM.
#5
Posted 16 January 2007 - 03:41 PM
closed LVS long...back in on closing basis move above $110
closed MGM long today
ken heebner in interview on CNBC gave his best real estate picks today:
LVS
CBG
SLG
HXM
remain long WYNN for now..monitoring the 5 and 20 sma on the 60 minute....price action now riding the 5 sma
Edited by hiker, 16 January 2007 - 03:42 PM.
#6
Posted 17 January 2007 - 12:07 PM
sticking with WYNN long unless it closes below 104-105.50 area sometime in future....that is the plan for now.
Fast Money show last night said to sell MGM and WYNN based on the recent run....and one owner owning more than 50% of MGM.
#7
Posted 19 January 2007 - 04:20 PM
remain long WYNN based on 60 minute chart....1/18 closing basis -
#8
Posted 23 January 2007 - 05:20 PM
closed WYNN long today...primary motive was to rotate $'s to other trades. I will looking to reenter long on moves above $110 and higher...will at least consider...no buy stops in place.
buys stops for RACK were filled today.