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You can't get anything by Spain: A host of online poker firms pull their sites out of Spain due...

You can't get anything by Spain: A host of online poker firms pull their sites out of Spain due to the government's insistence on collecting back taxes to 2008 - a near impossibility for many industry names. While big players MGM Resorts (MGM -1.1%), Caesars (CZR -0.4%), and Wynn Resorts (WYNN +1.8%) circle about to find partners to stand ready for legalized online poker in the U.S. - it appears Spain will sit out the party and wait for Las Vegas Sands' (LVS +0.2%) dreamy $35B resort in the nation.
Comments (5)
  • phemale60
    , contributor
    Comments (2831) | Send Message
     
    Great idea! LVS rules!
    18 May 2012, 03:16 PM Reply Like
  • cp757
    , contributor
    Comments (402) | Send Message
     
    phemale60 LVS rules! ?? what have you done to the stock its down 15.71 from its high because you did not say LVS rules enough. LOL
    Most of the people in this stock are ready to shoot themselves. Here is the deal, you should have sold at 62.09. I did not because they had the biggest quarter ever. That's investing. I have sold and bought back in the past but I missed this one. Telling anyone this stock will go down more would be wrong and telling anyone this stock will go up would be wrong too, for the short run. The fundamentals have not changed with LVS so in the next 4 to 5 weeks we will be a lot higher. JMHO
    18 May 2012, 08:13 PM Reply Like
  • phemale60
    , contributor
    Comments (2831) | Send Message
     
    It wasn't me, it wasn't me!! LOL

     

    Sold some the other day from the second account I opened a few weeks ago when I bought LVS at $57 -- eeeks -- really bad timing. Holding only LVS and VVUS in that account (old "traditional IRA"). Bought in increments so now have it at $51 - not too bad, may have to sell more. Going down in price will make it better for me to buy back more so not all bad!! Also MPEL may end up at a better buying price.

     

    Holding much of my $40 LVS position in my rollover IRA; loading up on VXX as a hedge to losses. Sold SBUX, CSCO. Only have a few stocks (CRUS, AIS, WFM) left, but guess best to wait some of the Euro mess out.
    19 May 2012, 02:36 PM Reply Like
  • cp757
    , contributor
    Comments (402) | Send Message
     
    phemale60 the IRA accounts are the best way to trade because with no taxes you make so much more year over year. This slide will not last much longer. JMHO
    20 May 2012, 05:56 PM Reply Like
  • cp757
    , contributor
    Comments (402) | Send Message
     
    I think Las Vegas Sands next Conference Call is going to be off the charts.

     

    Las Vegas Sands is doing very well in Singapore. Marina Bay Sands is taking market share from Resorts World Sentosa (RWS) every month. Citi, which is forecasting organic growth in the Singapore gaming sector of about 10 per cent for this year to US$6.5 billion (S$8.3 billion), also maintains a "Sell" rating on Genting Singapore, which owns Resorts World Sentosa (RWS).
    21 May 2012, 12:22 AM Reply Like
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