LVS had a stellar earnings report. Just finished listening to the CC and the growth in Macao is unbelievable. I've followed Chairman Sheldon Ableson for years, he's a brilliant self-made billionaire. If anyone is looking for an IRA holding, I'd sure listen to this conference call: http://us.rd.yahoo.com/finance/confcall/streetevents/SIG=13c509ipp/*http%3a//web.servicebureau.net/c... Gaming/Rec is the obvious play, however real estate is is the real value on the Cotai strip and surrounding properties.
I cannot imagine there won't be upgrades after this report. I bot a truckload in the low 30's.
Sold my NOV today @ 64.75 from 54.50, will put some of those profits into LVS on any dip.
Fred
POLITICIANS & DIAPERS BOTH NEED TO BE CHANGED, AND FOR THE SAME REASON---