re: Weekly Stock Market Plays/Thoughts - March/April

Earnings tomorrow for WYNN. Will it beat estimate? You still long on WYNN?

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Earnings tomorrow for WYNN. Will it beat estimate? You still long on WYNN?

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Im still long, chart looks like its about to break out of a multiyear cup and handle. My take on earnings is this

1. Macau releases numbers every 1st of the month for the entire region and every month in this quarter was a major beat, did they all go to wynn? no there are 35 casinos in the area, but last quarter WYNN got over 50% of the VIP segment and the other 34 hotels got the rest of the business

2. Chinese New Year was this past period, thats the biggest holiday for them, and they love to gamble then.

3. Vegas isn't that big a deal for WYNN overall as its like 1/8th of the business of Macau, but Super Bowl was last quarter

4. We should get updates on the Wynn Plaza which should be opening in october, adding another 100k sq ft of retail leasing at $300/ft and we should be getting an update on the Wynn paradise park, he said he would be going to the board in the 2nd quarter to finalize it all. Also Wynn Boston updates will be nice tomorrow as it should be opening in 12-18 mo.

5. Last Q he said he could double the dividend but didnt bc of the money being needed to get this paradise park going, but who knows they could surprise.

6. Again last Q he said Wynn Palace, the new hotel in Cotai, and probably the nicest casino on earth, he said it was the fastest he had ever seen in all his years to $1m/day in EBITDA, so if it had continued growth could be a monster.

Again the bottom line on WYNN is its a play on EBITDA and that EBITDA has multiple catalysts over the next 24 months to double it from last year and as Wynn Palace ramps up,Wynn Boston comes online,Wynn Plaza comes online, and Paradise park begins construction, the upside is considerable.

I still think $150+ this year barring bad news from the macau region, but the stock has been very strong all year, and I believe I read today it was added to the Nasdaq 100 so now funds have to add a position in it.

I've always said my investing style is investing in visionaries moreso than the companies guys like Steve Wynn,Elon Musk,Mark Zuckerberg,Jeff Bezos, Page/Brin you want your money being invested in brainpower like that. Is wynn due for a pullback? Sure it was $88 on new years and its $115 right now, but it really seems like the Macau region is back to being the monster many thought it was going to be years ago. Lets not forget Japan legalized gaming recently and will be the 2nd largest market on earth when its done and WYNN is vying for one of the handful of licenses they're going to issue and I would be bet that Japan would prefer the high end class of a WYNN property over some mediocre MGM,Caesar's, Las Vegas Sands property(though I think LVS gets one of the licenses for mass gaming market potential).

WYNN is a premium brand and will always trade at a higher multiple than other casinos as long as steve wynn is alive.

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STV
What's the rationale here?

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im not totally sure

i do know the stock was trading at 1.27 the day before the 1.50 divy announcement with incredibly low volume. in the past, companies have made large divy payments like this one for company exposure so we will see; the volume has been up friday and today.

the stock is currently trading at 1.71, with a 1.50 divy scheduled for may 31.

i have a small play of 1030 shares at an avg of 1.65 per share - i dont see much downside here?

im feeling pretty confident between MACK and STV until June 1st.

There's a screener that people use. Finviz or something.

I use this one and I put in parameters already, adjust accordingly.
LINK

I look for stocks that are down that are volatile and have a low float. Then do some DD on them to figure out which ones to jump in and out of.

And tesla closed at all time highs yet all my posts get downvotes and haters, I swear, if people
Would just stfu and listen to me sometimes they would make a couple bucks, I may have inherited some money but I'm not some braindead rich kid I have pretty damn good insight...:downvote away haters I made some great money today and over the past month

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And tesla closed at all time highs yet all my posts get downvotes and haters, I swear, if people
Would just stfu and listen to me sometimes they would make a couple bucks, I may have inherited some money but I'm not some braindead rich kid I have pretty damn good insight...:downvote away haters I made some great money today and over the past month

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Curious after TSLA's 70-80% gap up in the last 4 months where is your exit position out of this play?

i don't know about you guys but I'm slightly outperforming the indexes this year, feb was rough but tesla and wynn had a rough feb

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dabigfella

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Finally found your Tesla DD, we share the same thoughts