Looking at their earnings I was surprised rev's were down in Vegas. Could they be losing market share. Next catalyst should be the Macau numbers due at the end of the month. The question is whether the big pop from the ER has already factored in on expected good numbers...Stay tuned
Wynn meets with Trump at Mar-a-Lago; takes control of the #RNC By CalNews.com on February 13, 2017 • ( Leave a comment ) More bad news for the Republican elites. Las Vegas casino magnate Steve Wynn met with Donald Trump at Mar-a-Lago in Palm Beach, Florida, on Sunday afternoon. The meeting is the latest signal that Trump and Wynn have buried the hatchet. In November, Wynn became finance chairman of Trump’s inauguration committee, which raised close to $100 million, and now is the Republican National Committee’s new finance chairman. While the billionaire had donated money to both Democratic and Republican campaigns over the years, Wynn had migrated toward Republican exclusively before being named to the RNC. Read the whole story in the Las Vegas Review-Journal
About half way back down to where I like to trade this. Just waiting patiently for the upper $80's again
Seems like, looking back on this 88 to 104 trading range (TR), that this decline is different; it is less volatile, no big selling bars on heavy volume, more subdued; a change of character perhaps. In April this TR will be one year old and the cause built could effect a price rise to $216 when the boyz are ready to let the public move it out. Daily:
Broken WAY out of my trading range now. Gonna make entries and exits in this one much harder. Rats. I really like having ones like this where I always know where to buy and where to sell ($88-$89 entry, $105 exit). Oh well.
