Talking Macau

Initiated a position in Melco Crown Entertainment (MPEL)- the son of the soil Casino player operating out of Macau. This is one third of my allocation for MPEL.

These guys have many advantages over Wynn, Sands & MGM, the most basic of which is knowing how the Chinese consider gambling within their culture (just another form of entertainment) & also knowing how to monetize that.



I'll add more (2/3), should the stock go to the green shaded area.
blog comments powered by Disqus