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  • Las Vegas Sands Is Still Ridiculously Cheap And A Pre-Chinese New Year Buy Right Now Feels Smart  [View article]
    Hi Howard,

    As usual a terrific well written and informative write up. What i find most interesting is the quoted gentleman stating that Wynn Palace is going to be absolutely incredible and a turning point in Macau.
    For an industry insider to make a statement like that it must be amazing. I personally am overweight on Wynn vs. LVS. I think the Palace project may make them the leader for the wealthier crowd and thus overweight earnings-mix that in with Boston and it seems like more to look forward to...
    In the end Wynn will tie up with LVS or MGM and like you previously noted many rumors of the LVS tie up. Most interesting sector in the market......
    Feb 5, 2016. 06:07 AM | 1 Like Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]
    Rg sold and many reasons why he may have needed to for which we will not know.
    More interesting is the fact that Steve Wynn out on the open market purchased 1 million shares last month and just disclosed Friday after the close that he purchased over 550,000 shares over the last 3 days.

    We can only speculate, however with Wynn buying so much so fast he must feel very good about the future or he suspects that someone is accumulating shares in an attempt for a hostile takeover? or a host of different combinations.

    I would be interested in Howard's take......
    Jan 24, 2016. 11:21 AM | Likes Like |Link to Comment
  • Can Wynn Hold Its Fan Base Against Short Sellers, Institutional Jitters And A Market In Turmoil?  [View article]
    Today is a good day to add to the casino portfolio. LVS at a 52 week low, MGM almost and ditto for Wynn.
    Altho could get worse, you gotta step up to the plate when you see fear and buy what the others are panic selling and you can feel panic selling today with the Casino stocks.
    Howard your excellent article on Isle of Capri has me contemplating picking some up today. The consolidation will come with all of these, just when and in what form...
    Jan 20, 2016. 12:01 PM | Likes Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]
    Hi Jensan,

    Great write up (as usual). Everything that you are stating makes complete sense.
    Funny thing, as I was halfway thru I said to myself if all of this occurs the stock is a 500 to 600 stock and then I see that you wrote almost the same.
    I of course do not see this happening tomorrow, however one would hope that Wynn and Adelson have some of the sharpest bankers working on something.
    With Gentling coming into Vegas certainly consolidation will be coming. .

    The other interesting point is who will buy Kirkorians stake in MGM and will Adelson and/or Wynn do anything?

    Howards point about the Macau Gov't is also very interesting and bears merit.
    I can imagine a huge Macau Gov't payout would give all shareholders a huge special 1 time dividend.
    Dec 30, 2015. 05:15 PM | 1 Like Like |Link to Comment
  • Wynn: Gaming Outlook For 2016  [View article]
    Very cute,

    For Authors picks-the author picks himself. I know of no other SA contributor that does this. It says a lot............
    Further, the author attempts to postulate that he never acts on "belief or hope" as if to say that his picks and direction are scientific. Certainly if he was so great he would be out on the yacht now and not dealing with such small people as the SA community and myself.

    As for Howard Jay Klein-He is the foremost expert with the widest knowledge of the Casino industry hands down. He may not get the day to day price right(but who can? no one) however his analysis is second to none and it seems to me that he is a real gentleman-a real class act.....So when you state that he is overly optimistic are we talking for a 1 day horizon? 1 week horizon? 1 month? 1 year? etc., Once again you may be right for a day a week or a month but you could be wrong. And sure as the sun rises every day if you are wrong you will write a piece and state that "things have changed" and you will pull an obscure sentence from a past article supporting your NEW thesis.
    But those in the know certainly know the reality......
    Dec 29, 2015. 03:43 PM | Likes Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]

    With the highest of respect, you are a brilliant writer and your knowledge of the gaming industry is terrific. Jensan is also a prolific writer.
    However this is a bit off base.
    Howard said "We've worked the phones to our own sources in Las Vegas this week to see whether we could tease out anything more specific about an $95 a share LVS offer for Wynn"

    So did the conversation go something like this"" Hello Jerry this is Howard-Listen Jerry i hear through whispering that Wynn is being taken over by LVS. Is it true Jerry? Yes Howard how did you find out? We have been working on this deal for months now""

    I owned Wynn Dixie, I owned HGSI and held through countless rumors. they did become true eventually, but only after the big hedge funds slaughtered the stocks to very low prices and then about a year later they got taken over and depending on your entry point you may have lost a lot.

    So if wynn DOEs get taken out at 95 everyone who bought from 250 to 95 loses big or makes 000000 right. You did write an article stating that Wynn @ 159 was a bottom fish. So those folks are not too happy right?

    I say the stock may spike on this article but it very quickly does a round trip down unfortunately.....
    I'm long and hope i'm wrong but my experience tells me no.
    Dec 24, 2015. 04:06 PM | 1 Like Like |Link to Comment
  • Through The Grapevine: Has Las Vegas Sands Made A Quiet $95/Share Offer For Wynn?  [View article]
    MFITZ has it exactly right.,
    Further, if you are reading about a rumored takeover it is a guarantee that it will not happen anytime soon.
    Usually when you hear of this kind of "Rumor" someone wants to run up the price to get out I.E. the stock will spike and then fall sharply over the coming weeks and months.
    I always hate when I own a stock where buyout rumors start to fly. Hmm people (tipsters) are quietly "whispering" this or that always is usually the graveyard.
    Dec 24, 2015. 02:16 PM | 6 Likes Like |Link to Comment
  • Macau revenue estimates for 2016 vary widely  [View news story]
    JG it is always tough to catch the bottom of any cycle. I know in 08 and 09 i bought early but it worked out well. My final buy was @ 19 and change (wynn) only to see it drop to 15 for Wynn-Buying is easy but when to SEll is tough. I was a real sharpshooter buying LVS @ 3 bucks and selling at 9 bucks only to watch it rise much higher as we know in retrospect LOL.
    Seems like there is much pessimism already. I would go all in @ 40.....
    Dec 14, 2015. 05:47 PM | 2 Likes Like |Link to Comment
  • Las Vegas Sands December First Week Outlook  [View article]
    Oh my, i truly find it a bit tasteless when the author feels the need to pat himself on the back when a call goes his way..
    One wonders what the batting average is of such analysts? Like tossing a coin and gettin Lucky...........
    AND how funny for "Authors picks" the author picked himself. A real pro does not feel the need to do this as people will notice themselves.....
    Dec 14, 2015. 05:42 PM | 2 Likes Like |Link to Comment
  • Macau revenue estimates for 2016 vary widely  [View news story]
    You need to Buy when things look really grim in order to score. Once things start to look pretty, LVS and Wynn will have already doubled.
    Whatever you are reading is usually already known to the market and factored in. I was a buyer today of the above.....
    Dec 14, 2015. 04:23 PM | 7 Likes Like |Link to Comment
  • Wynn Resorts delays opening of new property in Macau  [View news story]
    One has to wonder if there is more to this than meets the eye. Something else is at play.
    Possibly Wynn using the construction delay or a problem with the tables? For a 4 billion dollar project to be delayed by 3 months when we are only 4 months out does not make sense-especially when Wynn was 100% sure of March 25th....
    Nov 18, 2015. 04:40 PM | 1 Like Like |Link to Comment
  • Retirement Strategy: A Journey Through Life With Dividend Income And Mortality Realities  [View article]
    You always have to be careful with your assumptions: A cautionary story about spending it alllllll(and having a good time) at what may be the end but actually is not....

    They told my grand father that he had 6 months to live and maybe if he had surgery they could extend to 1.5-2 years.
    He said no thanks. Both my grand mother and him decide to spend every penny they had and travel around the U.S. He was 59 at the time. Well they did and boy did they have a great time. He gained 30 pounds. They figured after he passed away that the life insurance money would cover my grandmother.
    Well inexplicably he lived to 83 BUT of course they both had to go back to work because they spent all they had, every penny and were flat broke at 60..
    You may well go way beyond 82 my friend so do not dwell on what the esteemed docs or anyone else says.
    So we never know-Good luck & best regards
    Sep 29, 2015. 05:07 PM | 34 Likes Like |Link to Comment
  • It's Time To Double Down On Wynn Resorts  [View article]
    No one knows where "The turn" will occur with respect to share price. Usually, however the turn will occur when no one is expecting it based on something that is not yet known.
    In the markets as in life you can't predict everything in advance so easily. Fake outs, ambushes and end arounds occur in various markets on a regular basis. When everything "looks" easy such as shorting Wynn for the next few months-Watchout because nothing is so easy and depending which side you are on danger is close-financial danger that is..
    Sep 28, 2015. 09:35 AM | 1 Like Like |Link to Comment
  • How And Why A Las Vegas Sands/Wynn Resorts Merger Could Be The All Time Blockbuster In The Gaming Space  [View article]
    Jensan 96,

    With all due respect you are about 5,000 miles off with your UN knowledgeable analysis.
    Eilat is a spectacular area with huge 5 star hotels like Herrods, Dan, Hilton and about 200 others set in a really scenic setting of beaches, lagoons and huge mountains across the ocean. I've been their have you?
    There are direct flights from many European nations and Russia to Eilats airport not Tel Aviv.
    All of the hotels in Eilat charge big bucks because it is a big draw in the winter from Europe and the summer from tourism.
    If S.A. built a Venetian type hotel or some type of theme resort i will go on record as stating that it would make more money than Macau because there would be no competition and big money all around.
    Importantly let's not hear your utter and completely incompetent statement about drug dealers from Aquaba or about the iron dome. S.A. will build it if Netanyahu can get it through..
    Sep 25, 2015. 03:37 PM | Likes Like |Link to Comment
  • How And Why A Las Vegas Sands/Wynn Resorts Merger Could Be The All Time Blockbuster In The Gaming Space  [View article]
    Hot off the press, looks like Adelson will try and open a Casino in Eilat. If he can pull it off it is a Grand slam home run.

    "Netanyahu said to push for casino in Eilat

    If approved, move would fulfill campaign promise to test socioeconomic effects of legalizing gambling

    By Times of Israel staff September 24, 2015, 11:53 pm "
    Sep 24, 2015. 05:17 PM | Likes Like |Link to Comment