I expect a few more days of this range trading before we get the next move. Hopefully this will be up
Looks like Studio City has got 250 tables, 100 more than they were initially told they would get, so no need for Melco Crown to buy out the minority shareholder in Studio City, (to move tables from their other 100% owned casinos in Macau to the new venue), unless of course, it ends up being a massive hit!!
CWN Price at posting:
$11.28 Sentiment: Buy Disclosure: Held