I'm going to pull the trigger on a couple of trade lots of LVS, unless someone can talk me out of it.
LVS?
- Thread starter Turfgrass
- Start date
Only thing I would say. Ease in. I see you say Lots of LVS. I would split that order into 3. Market is moving just enough that you might get best level.
But ultimately you think that LVS is going to stay solvent, even if they have to sell out of their interests in the orient?
I?m going long with the stock, and I personally feel that it?ll be an $80 stock again at some point. (Unless it goes completely out of business) Can that happen? Or is my assumption incorrect?
I?m going long with the stock, and I personally feel that it?ll be an $80 stock again at some point. (Unless it goes completely out of business) Can that happen? Or is my assumption incorrect?
LVS is not one im following so I can,t answer. I thought you had it in your mind to buy it for sure.I here some say WYNN long is a good one. Im not sure myself.
with the creidt markets opening up both mirage and LVS look like they will survive.
Wynn is less threatened by debt.
if their is a recovery then LVS and Mirage should do fine, both have a high amount of leverage, so there is your greatest risk.
if the economy recovers and people come back, also do not need the discounts that have been recently.
years ago was looking at Mirage and thought it might be a good play, the stock went up 5X, so have not really invested in the sector.
high 62 low 1.38 last 10.30
this is a high risk/ high reward stock, I have no idea on earnings projections are all over the place from a large loss to a gain.
Mirage has less debt however is trading at internet valuations...guess it could be argued that is the economy recovers earnings will shoot up sharply.
good luck with the stock, would have a wider stop loss than normal as this is a very volatile stock.
thanks
selkirk
Wynn is less threatened by debt.
if their is a recovery then LVS and Mirage should do fine, both have a high amount of leverage, so there is your greatest risk.
if the economy recovers and people come back, also do not need the discounts that have been recently.
years ago was looking at Mirage and thought it might be a good play, the stock went up 5X, so have not really invested in the sector.
high 62 low 1.38 last 10.30
this is a high risk/ high reward stock, I have no idea on earnings projections are all over the place from a large loss to a gain.
Mirage has less debt however is trading at internet valuations...guess it could be argued that is the economy recovers earnings will shoot up sharply.
good luck with the stock, would have a wider stop loss than normal as this is a very volatile stock.
thanks
selkirk
good luck with LVS. I trade it all the time. It's (very) volatile... just hang in there..:0corn
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I sold a quarter interest on Friday @ 23.15. I still think it's going to $80 but I'm taking some profit and running.
congrats, on two good calls turfgrass. was some very good trades available, missed most of them as bought corporate debt in late 2008 and early 2009 for the most part.
good luck with any other trades, and will look forward to any updates.
thanks
selkirk
good luck with any other trades, and will look forward to any updates.
thanks
selkirk
No, thank you selkirk...it was your analysis that helped me pull the trigger.
If I find any gems I'll be sure to ask you about them first.
If I find any gems I'll be sure to ask you about them first.
