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Steve Wynn Buys 1 Million Shares of WYNN on the Open Market

Discussion in 'Casino Industry & Development' started by thecarve, Dec 8, 2015.

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  1. thecarve

    thecarve Misanthrope

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    Number 50!
  2. callmegeorge

    callmegeorge Tourist

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  3. yankees4ever31

    yankees4ever31 Low-Roller

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    Either Wynn Everett is going to be huge or the laws in Macau are about to be changed back or close to what they once were (he probably knows something we don't).
     
    Encore Tower Suites 5th Anniversary (of going to Encore)...
  4. Stevie D

    Stevie D VIP Whale

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    Or he's a senile old man.
     
  5. Nevyn

    Nevyn VIP Whale

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    Or the stock is at a relative low, he invests on a long term basis, and having large blocks of your stock for sale at reasonable figures presents a risk of takeover by outside parties. I'm no expert on the matter, but taken in isolation I certainly would not read much into it.
     
  6. Malibugolfer

    Malibugolfer High-Roller

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    After what happened with Okada and then Elaine, I would tend to agree with Nevyn.
     
  7. broncofn

    broncofn VIP Whale

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    Up about $11 per share in last 2 days
     
  8. NickPapageorgio

    NickPapageorgio OG of the Sal Sagev Hotel

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    There is no secret as to why CET is down. Creative accounting and restructuring are the only things that saved them from bankruptcy. Their balance sheet is atrocious.

    Wynn has taken big hits in Macau, which originally fueled his stick to multi year highs.

    Nick:beer:
     
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