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  • 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
  • China's Weight May Pull These Casinos Under Water [View article]
    Dear friend,

    Thank you for your thoughtful reply. I always think that it is important that readers understand a writers intentions and thus when you state.
    "Your mention that we have a bearish position neither adds to the value of the discussion (as we already disclosed it), nor makes any counterpoint that can be discussed." I would respectfully disagree with that statement.
    Importantly everyone is bearish on the casino stocks as they have moved from 250 to 60 in Wynn's case and LVS from 87 to 41 so at this point writing about a bearish theory is late in my opinion respectfully.

    Moving forward-Depending on one's time frame LVS, Wynn and MGM all offer substantial value in my opinion.
    There are ebbs and flows in all industry's. In Las Vegas in the 60's they said that Vegas was finished due to overbuilding. The same thing again in the 80's which also was the end of the mob control and the start of large corporate takeovers.
    The casino industry is always evolving and now is no different. Adelson and Wynn are brilliant people, however are getting old. In short the industry will consolidate.
    China is a big country and Macau is positioning itself to be a world class entertainment mecca. Macau is going thru growing pains and change, however make no mistake this is a profitable place. Eventually Japan will come on, Cuba, Thailand and much more. Long term big money in these stocks-big value and dividends, special dividends etc., 

    Certainly as of this moment your position is correct. Things can change quickly and the casino stocks can change directions and rocket up without warning as was the case in 2009. I would say that all of the bad news is priced in-markets and stocks tend to overshoot and so it is with the casino stocks.
    You can be short and smart for a period, however most short specialists eventually go bust. Simply compare the short funds from 10 years ago or 5 years ago and you will note most are out of biz. Playing the options game and spreads can just as easily send one to the poorhouse as the big players are usually on the opposite side of wherever one may be. Add in the vig, bid ask and over time becomes tough to beat.
    I would say lets touch base in 1 year or maybe 2 years and note where LVS, Wynn and MGM are?
    I certainly can be wrong but I bought early in 08 and 09 and it worked out pretty well. For that matter i like the big oil stocks also right now BP, Total, Exxon but that my friend is for another day.

    Best regards-
    Sep 23, 2015. 03:35 PM | 2 Likes Like |Link to Comment
  • China's Weight May Pull These Casinos Under Water [View article]
    Dear Friend,

    Thank you for your reply. Opinions of differing thoughts are what makes Seeking Alpha a rich experience for those involved.
    Differing views are the same as differing opinions. Please kindly feel free to look at my other comments and you will note some similar comments and no one felt slighted.
    The fact remains my friend, that if you are stating that you run a hedge fund and then release an article suggesting that a stock is going to decline and you are shorting that stock then this is your opinion (as opposed to an unbiased) discussion-right?

    Without giving away what my background and prior work was, I must state that if this discussion is ruffling your feathers then you should refrain from shorting a stock and then stating your position opinion on a forum where folks of lesser understanding may be influenced negatively without really understanding that your opinion is influenced by the fact that you have money short the stock.

    Seeking Alpha is a great forum and the people involved are first class-I admittedly was shocked that you requested them to censor my first 2 comments. I would have had a huge unfailing respect for you MTI if you simply would have been courageous enough to respond and it would have made the discussion much richer indeed.

    Sincerely and with kind regards,
    Sep 23, 2015. 10:53 AM | Likes Like |Link to Comment
  • Has Wynn Finally Reached A Super Pregnant Entry Point That Signals 'Buy Me Now'? [View article]
    Another terrific article loaded with great insight. as usual the market and stocks tend to overshoot on the upside and downside.
    I remember buying Wynn in the 50's, 40's, 30's, 20's thinking it would never come back.
    We all know how that ended. I think that in the next year you will look back and note what a great opportunity this is right now, maybe never to be repeated as there will most likely be mergers forthcoming in the next few years which has been pointed out.
    Sep 23, 2015. 08:04 AM | 2 Likes Like |Link to Comment
  • China's Weight May Pull These Casinos Under Water [View article]
    "Additional disclosure: We currently hold a LVS bear put spread in our MTI Pro model account."
    Simply pointing out that the authors hedge fund is shorting the stock and therefore the article is biased to that angle for their own profit in my opinion.
    Sep 23, 2015. 07:58 AM | Likes Like |Link to Comment
  • Las Vegas Sands And The Great Macau Bubble [View article]
    This is a brilliant...Hmm what did the writer see now to make him think LVS is weak?
    Could it be that the stock has fallen from a high of 87 to 45ish now? This is typical recency bias by the writer. Mix that with the fact that the market had a rough few days and you get story's like this.

    This is not a cutting edge piece written when LVS was in the 70's lets say, with insightful commentary. Simply rehashing the past and what is now known AFTER the fact.
    Along with recency bias, the writer claims that LVS could suffer another 50% drop? REALLY. LVS may well drop into the 30's but it may well pop up to the 60's range just as fast. This isn't 08-09. The company is a big money maker, albeit the pace may be slower but with many possibilities on the horizon.
    So while the writer comes out with a piece about LVS in the middle of a 6 day market decline and after a fall from 87 to 45 ish I throw the yellow flag on this nonsense.....
    Aug 28, 2015. 07:15 AM | 2 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]
    Hi Howard,

    Mass DOT just gave Wynn Everett a huge boost as just a few days ago they recommended that the environmental permit be awarded to Wynn immediately.

    This Friday, the Mass EPA will announce if they are awarding Wynn the permit for him to break ground. The EPA usually goes in favor of what the DOT recommends. A huge boost to Wynn if they get the nod Friday-However this is Mass where politics sometimes trump logic.
    Wynn's shares have been massacred. I have been buying on the way down just like I did in 08 09 before the big rake. But these things always move much further and more extreme than anyone can imagine both up and down. When the sky's clear, you will get a massive move. Lets say for those of us who can hang in there for 2 or 3 years with Boston up, Macau back and Vegas doing well Wynn will then be back to special dividends, high price etc.,
    Aug 26, 2015. 06:43 AM | Likes Like |Link to Comment
  • IBM's 21st Century Transition Is Failing [View article]
    Dear Pete,

    Thank you kindly for your thoughtful response. I agree with diversification (although on days like today does not help much)
    Really at the end of the day with any stock we really do not know what the future holds to some extent. We can only place our wagers based on various factors and weightings to which each of us uses differently.
    Thank you again for a well written article Pete.
    Best regards,
    Aug 25, 2015. 05:11 PM | 4 Likes Like |Link to Comment
  • IBM's 21st Century Transition Is Failing [View article]
    I don't know. Buffett has Billions invested in IBM (how much does the author one must ask)??
    If someone like Buffett has Billions invested then one must ask if his relationship with management is better than the Author's? And certainly Berkshire has more knowledge about upcoming events than the Author and much more skin in the game.
    The author is simply guessing at an outcome. IBM produces huge cashflow and i have been buying recently. They have a great dividend now also. I will take my chances and hang on because usually when these things take off you really never know where to jump in. You then become like a deer in the headlights waiting for the price to come back to where it was but that may not come as the stock whistles higher..
    Aug 25, 2015. 08:59 AM | 9 Likes Like |Link to Comment
  • The Trouble May Just Be Starting For Wynn Resorts [View article]
    Hi Daniel,

    Thank you for your response. Please kindly provide the link that you reference about authoring articles on the casino stocks near there 52 week highs, otherwise you lose all credibility.
    Subsequently can you definitively state that no friends, family or business associates are shorting casino stocks that you are writing about with such passion on a daily basis?
    Thank you in advance Daniel..
    Apr 1, 2015. 02:05 PM | 3 Likes Like |Link to Comment
  • The Trouble May Just Be Starting For Wynn Resorts [View article]
    Hi Daniel,

    Thank you kindly for your reply and comments. If you did author an article(s) recommending selling the casino stocks near there 52 week highs please kindly provide the link to the article, otherwise you lose all credibility as an author and or a fund manager.
    Certainly you would not be the first hedge fund person to shill for "friends" that are shorting these stocks.
    Can you definitively state that no one associated or related to you is shorting these same casino stocks?
    Thank you in advance..
    Apr 1, 2015. 01:07 PM | 2 Likes Like |Link to Comment