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Tuesday, September 7

LVS is up while the CASINO sector sank

I don’t get why investors are trigger happy on LVS stock. The stock is trading at a huge premium compared to its peers – MGM and WYNN.

In the past, WYNN used to trade at a higher premium, but the recent opening of LVS’ Singapore property has allowed it to trade at the higher premium.

Is this sustainable or is this hype?

LVS is a short very soon. More due dilligence have to be done first.

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