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Light Volume Selloff Ahead of Fed Meeting
LVS
 Last week, I commented on a trade update that I was taking profits in Las Vegas Sands (LVS) as the stock had moved up appreciably from its summer swoon.
The stocks has continued to move higher, and now it has rallied so much that is looks both overbought and overextended. This makes the stock vulnerable to at least a short-term pullback.
A look at the chart above shows the multi-day spike shares have just experienced. Also, you can see that it is heavily overbought on the RSI scale. I took a short position in the stock at the close, but just as a very short-term trade.
The market pulled back ...
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Let's take a look at the key developments for this stock
LVS
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Las Vegas Sands Corp: Key Developments Las Vegas Sands Corp. Announces Initiation of Capital Raising Activity April 13,2007 <> <> Las Vegas Sands Corp. announced that it intends to begin the marketing and syndication of a $5 billion domestic credit facility, the proceeds of which are planned to be used to refinance its existing domestic credit facilities, to provide funding for current and future capital needs and for general corporate purposes. To aid in the marketing of that credit facility, the Company released certain financial information for its Las V...
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Trade Update - Las Vegas Sands (LVS)
LVS
 I have not been shy about my bullish thesis on LVS since it was bottoming back in May (see archives). Recently, I tempered my enthusiasm after the stock really began to pick up steam on the upside.
Over the last 2 days, the stock has gone parabolic (straight up), and looks overdone to me. As a result, I have taken profits on all my positions in the stock.
Among the big casino stocks, Wynn Resorts (WYNN) actually reported the strongest quarter of earnings last quarter. That stock has also enjoyed a monster run. But on a pullback, I want to swap into WYNN going forward, as I think it could...
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Mayor’s Picks - August 2007
LVS
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<>This was one of the weirder months in the past few years. Mortgage news brought the market down nearly 10% and then it jumped back up. If you read last month’s picks I hope you used that as a buying opportunity. I added to my holdings of PCU and I’m already up 20% in just a few days. Gotta love the market. For the next few months things should settle down as earnings will be coming out in October and no one expects an earnings dive. If that happens we’re in trouble but the mortgage market will only affect certain companies in a big way. So keep investing in solid companies, and listen to Th<><><><><><><><><><><><><><><><><><><><><>...
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Trade Update - Las Vegas Sands (LVS)
LVS
 I have been bullish on Las Vegas Sands (LVS) since it started to pullback in the Spring. The stock experienced a large decline, exacerbated by concerns that new visa regulations in China would hurt visits to Macau.
These fears peaked and the stock bottomed in late June. Since then, the stock began a new uptrend, slicing through overhead resistance along the way.
This week, the company reported strong earnings, beating estimates by 3 cents. But it wasn't the type of blowout earnings report that often sends a stock soaring. Nonetheless, the stock has vaulted +13% in the last 2 days, on ris...
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odds of getting 2.1 billion
- apparently LVS is trying to raise 2.1 billion for construction in Macau in China, any bets on the odds of this thing going through I say no chance in h
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About Las Vegas Sands Corp
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