1. Sell the green market
2. CEO buying shares doesn't mean he knows anything about stock picking
3. Macau Gaming Inspection and Coordination Bureau reports January gross gaming rev (GGR) -21.4% YoY to 18.7 bln patacas ($2.33 bln) vs. -17.4% in Jan 2015.Macau GGR fell 34.3% in 2015 after peaking in 2014 before the govt cracked down on money laundering in the VIP segment of the gaming market.Investors are hoping for stabilization/ a bottom in the market this year. Optimistic Sands CEO Sheldon Adelson recently called for a bottom.January is a slow month ahead of the New Year holiday which starts next Monday (February 8).Casino stocks with exposure to Macau: WYNN (WYNMF), LVS (SCHYY), MPEL, MGM, IKGH, SJMHF, GXYEF; BJK is a diversified gaming ETF.
