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Wynn stock

Discussion in 'Casino Industry & Development' started by Dean Martin, Jun 4, 2018.

  1. Dean Martin

    Dean Martin VIP Whale

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    I haven’t bought any yet... I watch it every day but the PE is still too rich for my blood without a growing Macau. Still... it’ll be a buy someday because Macau won’t stay down forever. But as others have stated, it’s not the same company w/o SW. It might be the same LV resort for a while but it’ll never be the same company.
     
    Heading to Vegas for my 64th Birthday and probably about my 40th trip!
  2. TheBlackjackKing

    TheBlackjackKing Tourist

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    Macau actually wasn't even down. It just didn't jump as much as they thought it would. The revenue is up but it didn't meet expectations. Which caused casino stocks to drop. Not sure why CZR dropped though they have zero exposure to Macau. But yeah for anyone interested in doing Put or Call Options with casino stocks Wynn is the best casino stock to do it with!
     
  3. Dean Martin

    Dean Martin VIP Whale

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    You know the weird thing about Wynn? Even though SW is gone; the company, the hotels and the stock are all still called Wynn. Any other CEO that checked out would be long forgotten by now. He's been very (unlike SW) quiet since he stepped down.
     
    Heading to Vegas for my 64th Birthday and probably about my 40th trip!