no doubt they have some big issues, but from $150ish to less than $5...MGM had earnings and said they are starting to get some financing...big MACD bull divergence triggering...only own small and missed it earlier...monitor on dips:
LVS
left for dead
Started by
tommyt
, Oct 29 2008 11:35 AM
4 replies to this topic
#1
Posted 29 October 2008 - 11:35 AM
#2
Posted 29 October 2008 - 11:58 AM
wowwww! atta boyzzz.... it looks like they play black jack with their own shares
last time I saw charts like this was some shytty company recomended by da well-known best timer in the universe
#3
Posted 29 October 2008 - 12:36 PM
kind of reminds after the dot bomb...many, many stocks were $3-5 after being 100,200,300. Then some went up 300-400% from the lows.
#4
Posted 29 October 2008 - 12:55 PM
I think MPEL is the best bet out of the bunch. Pure play on Macau. Has a catalyst in the form of their second casino coming online in the first half of 2009. As an added catalyst, Macau visas will be increased as they finish their infrastructure upgrade within the next few month. Best debt/equity ratio. Don't think they are in need of any short term financig at all.
Domestic casinos likely to remain under stress as consumer will continue to be weak and international tourism will be affected by the dollar rise.
#5
Posted 29 October 2008 - 02:15 PM
wowwww! atta boyzzz.... it looks like they play black jack with their own shares
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last time I saw charts like this was some shytty company recomended by da well-known best timer in the universe
You talking the same timer of all time who predicted a crash at da bottom?
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