Nov. 26 at 7:03 PM
$MLCO
Company made a lot of mistakes and took on a lot of debt. But reality is there is limited supply if you want to buy into Macau. And if Macau is going to grow for next 12-24 months and Asian gambling stocks are in demand, it could really get some wind in its sails. As it moves higher, each
$1 has less and less of an impact on market cap, so if you believe Macau will be strong for at least next 12 months, this is as good of a time as any to get in now and not chase it once its back at
$15.