Las Vegas Sands May 'Default on Bonds;' 'Cease to Exist As Going Concern'
- Thread starter ByLoSellHi
- Start date
).Went to LVS today while I am in Vegas attending the traders expo.
no doubt that business overall is slow from who I talked to overall for Vegas.
One thing that I could not help thinking was that the gaming on a Friday and Friday night looked as busy as I have ever seen it. In fact in over ten trips to the poker room over the past three years I have never seen it as full. The whole room was packed with every table going and the wait was over an hour. Granted a poker tourney was going but from what I heard this is pretty common lately.
I played craps while waiting for the poker table to open up and the craps tables where a bit slower than I would have expected but all in all not bad. The card games were in full force and the whole time I was there the slots were busy (prolly the most important area)
My reason for checking the action of the place was to see if I should liquidate the LVS stock that I bought. I am going again tomorrow but so far I think we may have seen the bottom and inclined to hold. Will report again in my journal more detail of what I find including the people that I talked to.
no doubt that business overall is slow from who I talked to overall for Vegas.
One thing that I could not help thinking was that the gaming on a Friday and Friday night looked as busy as I have ever seen it. In fact in over ten trips to the poker room over the past three years I have never seen it as full. The whole room was packed with every table going and the wait was over an hour. Granted a poker tourney was going but from what I heard this is pretty common lately.
I played craps while waiting for the poker table to open up and the craps tables where a bit slower than I would have expected but all in all not bad. The card games were in full force and the whole time I was there the slots were busy (prolly the most important area)
My reason for checking the action of the place was to see if I should liquidate the LVS stock that I bought. I am going again tomorrow but so far I think we may have seen the bottom and inclined to hold. Will report again in my journal more detail of what I find including the people that I talked to.
