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Gonna enter a starter position in LVS (order for $34.9) if it gets there,


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#1 slupert

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Posted 15 September 2021 - 05:59 AM

Wynn, that ones a little trickie, if it reverses today I'm long, if not low 80's is coming. (JMHO)



#2 Rogerdodger

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Posted 19 September 2021 - 02:43 PM

So much is about China and the Macau government as concessions will be up for review.

 

Las Vegas Sands and Wynn Shares Mixed as Wall Street Sentiment Sours on Macau

 

Macau: Western investors 'were lulled into a false sense of security,' casino expert explains

 

"For a long time, I believe most of the investors were lulled into a false sense of security in that they were led to believe that being American operators, they're untouchable... because they've had such an outsized presence in Macau that their removal or ejection may result in a massive disruption," Ben Lee, managing partner at Macau gambling consultancy IGamiX, told Yahoo Finance Live (video above).

"But the decision... is not with the Macau partners, but essentially up north in Beijing," Lee stressed. "And the drivers for this particular outcome is more than just the local impact. It is a geopolitical issue

 

 


Edited by Rogerdodger, 19 September 2021 - 02:56 PM.