Go to Bloomberg and watch Larry Haverty of Gamco talk his book on LVS. He claims there will be a classic short squeeze on the stock. I believe he is correct, but look how the argument for investing in a company is currently-we need to buy because of a short squeeze. Of course, the reason for the short squeeze is that the worst is factored into the company, but the compelling reason to own it is for the quick money. Please note another argument he gave was that Wynn is now going to be a part of the SP500. Things bode well for this speculative issue and once again reaffirms that unlike in the casino, the odds are better in stocks.
Also, Mr. Haverty really put his reputation out there by being so bold; especially since in after hours the stock is down. I'm going to give him the benefit of the doubt and be a buyer today on what appears to be an ugly opening.
I would say the same arguments are for LGF.
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