Oct. 2 at 7:21 PM
$MLCO
I've done about 8 round trips on this in recent weeks, and said I'd get back to long large if the quantard trading firms tried to drop it to
$9. Today I am in the BINGO game and just put 30k on at
$9... ready to double that a few times at these giveaway prices -- as shared prior, listen to Lawrence and the other execs at the end of the Q&A part of the last Q conf call... they all chimed in that they like the progress (visitation, GGR and COD/Studio City attractions) and look forward to further progress as the Macau clouds lift.
Repeating myself, I have expected a sideways drift/consolidation leading up to the Sep Q update -- and then I expect it will be off to the mid teens into the 4th Q update. S/B a fun horse to ride in Giddy Up mode!