It has been astounding to see the fever pitch negativity in the media about a company that is involved in the most promising technology trends of the next decade. Camera drones as well as three dimensional and virtual reality cameras are all currently under development by action camera maker GoPro. The company initially fared well […]
Category Archives: Stocks
January
16
Steve Wynn Burns The Shorts
posted by Chris
Wynn Resorts pre announced Q4 2015 earnings yesterday, 3 weeks earlier than expected. Results were relatively in line with expectations, which surprised investors and sent WYNN up 13% by the close. The stock built up a short interest of nearly 20% in the last few months, sending bearish speculators rushing to cover their positions. Las […]
October
11
Twitter Layoffs Signal End Of Growth Phase?
posted by Chris
It has been a tough couple of years for Twitter. The company IPO’ed at $26 dollars a share, reached a high near $70 and has declined ever since all the way to a low near $20 last month. Shares have risen to $31 last week on a combination positive news that granted much needed relief […]
October
11
Can Wynn Resorts Buck The China Bears?
posted by Chris
The four US traded Macau Casino operators: Wynn Resorts(WYNN), Las Vegas Sands(LVS), MGM Resorts(MGM) and Melco Crown Entertainment(MPEL) have rallied sharply in the last two weeks as shorts were squeezed across a range of China related stocks. Macau casino betting peaked in Spring 2014 and has been sliding ever since. These companies have seen their […]
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