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Undervalued Stocks
Posted on 11/3/11 at 2:34 pm
Posted on 11/3/11 at 2:34 pm
What are you watching?
I bought XLS today @ 11.32. I usually trade options but thought this might be a long term hold.
I bought XLS today @ 11.32. I usually trade options but thought this might be a long term hold.
1
Posted on 11/3/11 at 2:45 pm to Chad504boy
K still looks like a short to me, but I'll watch it. Thanks
Posted on 11/3/11 at 4:22 pm to eScott
MPEL: Melco Crown Entertainment
Macau casino stock. Earnings release in 10 days.
All other casino stocks (Wynn, MGM, LVS) that operate in Macau have had huge earnings gains in Macau, however, weak growth in Vegas has hurt them.
MPEL is Macau based. I bought options when the stock was at $9.40 two weeks ago; currently at $11.76
Macau casino stock. Earnings release in 10 days.
All other casino stocks (Wynn, MGM, LVS) that operate in Macau have had huge earnings gains in Macau, however, weak growth in Vegas has hurt them.
MPEL is Macau based. I bought options when the stock was at $9.40 two weeks ago; currently at $11.76
This post was edited on 11/3/11 at 4:23 pm
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