Thanks for the comment! You're right in that there were definitely plenty of skeptics last year - as well as plenty of bright people betting the stock would continue to run. The thing with LVS is that China holds a wild-card that is impossible to handicap. I want to be invested in stocks where I can see the driving forces and understand what can make those forces change. To bet on whether or not the Chinese government will or will not accommodate the business makes me very nervous.
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Daniel,
Aug 22 07:48 am
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All Comments by Zachary Scheidt »Las Vegas Sands: Gaming in Macao [View article]
Thanks for the comment! You're right in that there were definitely plenty of skeptics last year - as well as plenty of bright people betting the stock would continue to run. The thing with LVS is that China holds a wild-card that is impossible to handicap. I want to be invested in stocks where I can see the driving forces and understand what can make those forces change. To bet on whether or not the Chinese government will or will not accommodate the business makes me very nervous.
Appreciate your thoughts,
Zach
zachstocks.com