Tuesday, September 29, 2009

Buy rating for WYNN

WYNN is up 9% since I recommended it last week. And with it's Macau over-subscribed 10 times, it is expected to go further up closer to listing date of Oct 9.
Buying covered calls is suggested strategy
Outside of gaming sector, I expect markets are overbought right now, and after the end of third quarter on Sept 30, we could see 5-10% dip.
Still bullish on C, LVS, WYNN, MGM, AIB, GE

No comments:

Post a Comment