Yes when he was running the MGM Grand in Vegas. He had said they could not beat the Mirage when it came to conventions so the MGM bought them out. Have a couple other stories but not for forums. . .
Every time I bought the WYNN calls, the stock price tanked then recovered at the end, hope the same this time.
Correction: Aziz was talking about Mandalay Bay and not the Mirage. By the way there were good YOY numbers out of Macau this morning so WYNN, LVS, MPEL, and MGM should be headed higher.
Macau gaming revenue up 7.4% for September yoy. http://www.dicj.gov.mo/web/en/information/DadosEstat_mensal/2016/
Surprisingly WYNN was down 2.05% on the Hong Kong exchanges as the rest of the Big 4 were up on good Macau numbers and the start of Golden Week. With McCarran airport numbers up for August it could turn it around on our markets.It's a hard call right now.
I think you are correct on the resignation news and I think it was overdone. But with the McCarran airport numbers up for August it appears WYNN may be ready to run.
Wynn Resorts (WYNN) Stock Gaining as Macau Revenue Rises https://www.thestreet.com/story/138...it&utm_medium=organic&utm_campaign=stocktwits
WYNN price is sitting at 90.50 during after hours. What will be a good entry price for a long position?
Wynn Tumbles After Q3 Miss: Wynn Palace Off To Slow Start http://blogs.barrons.com/asiastocks...-after-q3-miss-wynn-palace-off-to-slow-start/
Big gap down this morning and it only got worse. Let's see if WYNN can capitalize on the ER of LVS tomorrow.
Upcoming dividend information: Ex-Div-Date: 11/15/16 Payment Date: 11/29/16 Dividend: $0.50 Current Price: $88.04 Annual Yield: 2.27%
This is getting interesting....no supply on the possible spring....doesn't appear like the big boys can squeeze out anymore sellers under this trading range. Daily Vertical Chart:
