Replies to post #211 on Melco Resorts and Entertainment Ltd (MLCO)

[Minddoc7]

I, too, was tempted to sell some MPEL early in the day, but did not. I made that mistake with LVS. Since I have a very good understanding of addictive behavior, I used the recession to load up on LVS because of it's depressed pps. Sold after doubling my money and then watched it go to $50.00+ a share! Started looking for another depressed gaming stock and found MPEL. Liked the fact that it was located in a dynamic and growing region that catered to a cultural population known for it's gambling propensity. IMO, we will continue to see the pps increase, but not without some pull backs. As Mr. Buffett says, invest in what you know. I know people who gamble will continue to gamble and will do so with increasing frequency as the economic environment improves. GLTA!!!