MPEL IPO - Straight Macau Gaming Play

[ByLoSellHi]

MPEL: MELCO PBL ENTERTAINMENT LTD - 12/19/2006 12:31:17 PM ET
Price *Change *% Change Bid [tick] Ask BxA Size Open Volume
21.18 -1.81 -7.87% 21.18 [+] 21.20 7 x 1 22.99 33,086,273

Edit - Up 15%

 

[ByLoSellHi]

Volume and volatility on this is amazing.

 

[AAAintheBeltway]

This thing is reminding me of trading the Nazz back in the day.

 

[EqtTrdr]

am I seeing this correctly?

maybe I need glasses or something?


MPEL 2005 revenues 54M cap 7.3 billions mmmm???


:eek:


seems fairly valued:eek:

 

[ByLoSellHi]

40 mil shares traded as of 1:25 pm est.

 

[ByLoSellHi]

You could have entered at $21.20 and exited at $22 at least 7 times in the last couple of hours on this. :eek:

 

[ByLoSellHi]

I hope everyone has been making money on this - it's insanely easy.

 

[ByLoSellHi]

That was the wildest ride I've taken on a single stock, in a single day, in my short trading career.

The range was well defined, but the volatility was incredible.

 

[S2007S]

cramer hyped this one yesterday!!

 

[stock777]

Quote from ByLoSellHi:

I hope everyone has been making money on this - it's insanely easy.

Yes, you will get 100 or 200 plays like this a year.

How else do you think we make the 7 figs?