#1
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Gaming Stocks...
The two I own are PENN and WYNN. PENN has done really well so far and it seems WYNN has some really strong opportunities for growth(Macau) and huge cash flows. Do you guys have any opinions on these two gaming stocks or have any others that you particularly like
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#2
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Re: Gaming Stocks...
1 gaming stock i have opinions on: party gaming -> BUY
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#3
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Re: Gaming Stocks...
I owned LVS at 62 and got out at 82 (DOH) its at 100 or so now....
I'm thinking about picking up MPEL though because their just concentrating on Macau the only thing im worried about is the liscense from the government. I think WYNN is just a tad expensive.... but in all honesty the sky is the limit to me with these particular stocks |
#4
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Re: Gaming Stocks...
I have about 25% of my portfolio in CRYP. I also own some GPIC which makes chips, cards, dice, tables, etc... for casinos.
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#5
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Re: Gaming Stocks...
party is good but seems risky. legislation will determine the outcome of stocks more than anything.
party is a very profitable company and dirt cheap but wihtout changes to legislation it is highyl risky. |
#6
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Re: Gaming Stocks...
Someone mentioned CRYP, I own that stock and agree with that recommendation, but obviously look into it for yourself.
Ameristar is another one to look at, might be taken over. I'm unsure on Wynn, Sands, MGM, the potential of Macau might already be priced in. |
#7
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Re: Gaming Stocks...
I'm on WYNN, MGM, and ASCA. Was in on Wynn around 51, MGM around 39, and I originally bought ASCA at like 29 which was before a split so more like 14.5. Casino stocks have been pure money the last couple of years.
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#8
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Re: Gaming Stocks...
anyone have any views on sportingbet?
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#9
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Re: Gaming Stocks...
I own Wynn, BYD, owned Aztar, and bot and sold CRYP already for 7 points, no position now. Wynn is my 2nd largest position.
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#10
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Re: Gaming Stocks...
WYNN is my largest and yes, it has been a good year.
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