This stock has sufferred a lot in the past 3 months and with the news that it will restart the construction of it's casino 'Studio City' in Cotai, it's seems to prove that actual slower growth of Macau gambling results are only a temporary thing.
I will open a position at actual level as i think there is room to grow the stock well over 13$ in a medium term window.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
I will open a position at actual level as i think there is room to grow the stock well over 13$ in a medium term window.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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