Las Vegas Sands (LVS -2.4%) trades lower after yet another investigation launches into the...

This news story has 2 comments:

Register or Login to rate comments »

Ralph Petrillo Comments (324)
 
Basically Abelson is against Obama. If Obama is re elected look for more investigations. Abelson's mouth and attitude got him into trouble. He is putting his foot into his mouth. Now on the positive side, a Chinese firm may try to buy LVS and sell US assets at $ 60 a share. They have over $3 .5 billion in cash and have built solid casino's in MAcao and Singapore. A takeover is possible at these price levels.
They can sell LVS US assets off and enjoy the growth of Macau for the next thirty years. LVS is about to go into play at these prices. Adelson will be shocked but that is life.
10 Aug 2012, 10:42 AM Reply Like

No. 1 Trader Comments (44)
 
$3.5 Billion? The current Market Capitalization is $35 BILLION! Not $3.5 Billion. They need to come up with AT LEAST another 90% and that's without a bidding war or the stock trading higher on the rumor or news. Nothing like trying to start a rumor though. What do you own the stock at? $61.00?
10 Aug 2012, 01:19 PM Reply Like