Comments on: “Profit from Al Capone’s Legacy” Xcelerated Profits

By: josh

josh — Tue, 12 Aug 2008 19:55:03 +0000

it’s not a matter or IF with state-of-the-art gaming in Singapore, but a matter of WHEN…

By: destry

destry — Tue, 12 Aug 2008 11:29:42 +0000

That’s true of alcohol sales in general, “Big Mo”;
However nothing is recessionproof initially.
The good is dumped with the bad for a variety of reasons…Recession proof just that certain stocks don’t go down as much…And/or, recover faster, and are consumer staples, and the like.
As to gaming…I’ve decided I don’t know enough
to invest in it…Maybe I get the feeling that there is a lot of “creative accounting” involved.
As to MPEL…It appears ideal…But it never seems to go the distance…Maybe it’s the quintisential example of why one should always invest at arms length with the Chinese.
Personally, I think to bypass China, and Macau altogether, and go for Singapore…All of the gaming companies of note, are nailing down options there….The future Asian “Switzerland”? Possibly.
Tighter rules than in China? Yup!
Am I too cynical? Yup!…But, I’m really good at it.

By: josh

josh — Tue, 12 Aug 2008 01:48:27 +0000

thanks Farley…MPEL has taken a beating…they release earnings on Thurs, probably another Q loss.

By: Big Mo

Big Mo — Tue, 12 Aug 2008 01:33:48 +0000

Beer sales are strong in good times and bad. When people get laid off, they often sit home and drink beer. Maybe it’s as close to recession-proof as you can get.

By: farley 5

farley 5 — Tue, 12 Aug 2008 00:43:04 +0000

WYNN, MGAM, SGMS