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starbuxsux

02/01/16 11:28 AM

#283141 RE: Sharknado #283130

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.