Melco Resorts and Entertainment Ltd (MLCO)

[inflationista]

LUSA reported market share numbers:

http://tinyurl.com/yeeae6v

Melco has at least 20% to get to Goldman's target, and those figures do not account for a full year of the new City of Dreams opened mid-summer -

COD blends mass market and VIP in its 3 casinos -

it has retail and convention space which the chinese government is encouraging as a way to diversify instead of straight gambling income -

the chart is also in great shape, i'm holding for at least $4, with maybe a trade in the low 360's -

expect some further consolidation if we don't get scanners alerting overnight -

I SPENT ALL WEEKEND DOING DEEP DD ON THIS STOCK, I AM VERY CONFIDENT IN MY STAKE AT THESE LEVELS -