MPEL - Melco Crown Entertainment Limited

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Tiptopptrader, Apr 4, 2016.

  1. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
  2. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Expectations are high in Macau as MPEL and WYNN lead the Big 4. Are me and @rg7803 the only one's playing this

    upload_2016-11-18_7-23-48.png
     
  3. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    MPEL moving strong on Macau prediction by Bernstein

    upload_2016-11-21_8-58-59.png
     

    Attached Files:

  4. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,448
    Likes Received:
    3,268
    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    Credit Suisse
    Change: Upgrade
    Previous Rating: Neutral
    Current Rating: Outperform
    Previous Price Target: N/A
    Current Price Target: N/A
     
  5. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    MPEL has picked up speed as the markets are pulling back. Could be in anticipation of Macau numbers to be released in the morning

    upload_2016-11-30_11-31-56.png
     
  6. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
  7. Z0da

    Z0da Member

    Joined:
    Jul 13, 2016
    Messages:
    36
    Likes Received:
    12
  8. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Yes definitely a overkill. My Level 2 shows it's all short sales
     
  9. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Just picked up 10 January'17 20 calls for .23 this morning.
     
  10. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,448
    Likes Received:
    3,268
    Good luck man
     
  11. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Do you think it is going lower? Most all gaming stocks got blasted on crap ATM news plus we're on a strong upward trend line/channel.
     
  12. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,448
    Likes Received:
    3,268
    Seems like the gaming stocks always bounce after these dips they have. I know @Tiptopptrader is the gaming stocks expert around here. If I had to guess, this looks like a good entry/support level right here, but if the markets go south, it good dip down further to the 200MA maybe. I'd make a play here though if I was bullish on gaming. I'm currently uninvolved though.

    upload_2016-12-12_21-45-9.png
     
  13. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    Melco Crown Most Underrated Macau Stock: Bernstein
    Melco Crown Entertainment (MLP) is one of the most undervalued stocks in the gaming sector as Macau appears on track to post its fifth consecutive month of gains, according to analysts at Bernstein.
    Bernstein has an "outperform" rating and $21.50 price target on the company's shares, a potential upside of 28% over the stock's previous closing price. The stock is up 3.15% to $17.33 in afternoon trading Tuesday.

    "MPEL is the most undervalued stock in our coverage. The company is one of the premier Premium Mass operators in Macau," analysts Vitaly Umansky, Zhen Gong, and Yang Zie wrote in their note. "Key catalysts include stronger ramp up at Studio City, City of Dreams successfully defending its position in Premium Mass, and an eventual buyout of the minority in Studio City."
    https://www.thestreet.com/story/139...u-stock-bernstein.html?puc=yahoo&cm_ven=YAHOO

    upload_2016-12-13_11-39-17.png
     
  14. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    4,895
    Likes Received:
    1,124
    With the mass market in Macau expected to climb in 2017, MPEL leads the Big 4 along with LVS with the markets red

    upload_2016-12-14_10-9-23.png
     
  15. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Those Jan 20 Calls are lookin' sweet today! Almost up 100% from my entry.

    EDIT: MPEL up to 17.86 as I type
     
    Tiptopptrader likes this.
  16. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Any news here for the drop?
     
  17. penny_wise

    penny_wise New Member

    Joined:
    Aug 12, 2016
    Messages:
    21
    Likes Received:
    9
  18. yoga

    yoga New Member

    Joined:
    Sep 19, 2016
    Messages:
    18
    Likes Received:
    2
    @Tiptopptrader Do you think this is a potential entry point for a strong next year? Or you think we should wait for another week and wait for things to stabilize?
     
  19. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,448
    Likes Received:
    3,268
    I'm not an expert on this one, but it's sitting at multiple support levels IMO. See the 2 white lines in the picture below. It just broke below the 200MA which is pretty bearish though, so it's hard to tell.

    upload_2016-12-20_18-13-0.png
     

Share This Page