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Plunge in Macau's concept stocks
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Author Plunge in Macau's concept stocks
HenryTo
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Joined: 06 Aug 2004
Posts: 7644
Location: Houston, Texas & Los Angeles, California
PostPosted: Thu Jan 13, 2005 4:36 am    Post subject: Plunge in Macau's concept stocks Reply with quote
The run in Macau concept stocks during the past 12 months definitely makes the NASDAQ rally of the past four months look tame in comparison:

http://asia.news.yahoo.com/050107/3/1ubh9.html

For readers who are interested in buying LVS - perhaps you should hold off until further notice? I am very bullish on both Hong Kong and Macau going forward, but I want to see a little deflation first in the casino stocks that operate in Macau before I am going to buy again.
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