Casino STOCKS trading

[mummy]

I love trading casino stocks as they tend to be really volatile and trendy.

Currently all casino stocks have been stuck in a range. I am still trying to find out the trend.

I am waiting for LVS, MGM, WYNN to reach a bottom. Can anyone suggest what their bottom might be?

Currently, I am thinking. $22, $8, $70 and for BYD, $7.5. What do you think?

[unitedfever]

Seems like the market may rebound real hard now. I think the bottom has been seen. Time for all stocks to climb.

[n151]

shorting LVS, seems to be overvalued. Earnings are good, but not fantastic.... Economy is not going better that fast. More downside for the short term. TP 25

[sy244]

I shorted LVS, now I am at a small loss.... the stock rose while the DOW fell... Will this drop below 26? I shorted at 26.5

[n151]

okay, shorting LVS is the way to go now. Stock has weakened finally.

[tradedragon]

let me add the CHART IMG


Looks like a double top, but it wont break out to the bottom. It may just dip slightly

[tradedragon]

actually look like a triple top.

$24 seems to be a good long entry point. Short it if you dare.

[unitedfever]

well, there is definitely strong upside too.. LVS is trading at a huge premium as it is the leader in the market.

I do agree that the stock has weakened, but I believe that the stock will appreciate in value over the next few days.

[tradedragon]

looking at the small trading volume, the players in LVS stock are definitely retails. The big players have already sold their shares as seen by the big volume earlier on. They could also have bought shares...

The last 10 minutes of trading in LVS stock shows that traders have already gone home. Retail brought the stock price up. I am going with the multiple top.

[unitedfever]

FUTURES up 1%... able to SHORT HIGHER TODAY!