Tuesday, October 5, 2010
Didn't buy AAPL at 12? Didn't buy LVS at 2?
Did you catch that 100 bagger?
And now LVS, at 37, because it was 2, is expensive?
Why can't it be a 100 bagger also?
Because when it is a 100 bagger, it will then have a market cap only half of AAPL's.
LVS is an international company, but traders and stock investors are so concerned about making .50 on this stock, on every intraday zig and zag, that they miss the big picture.
But a lot of people missed the big picture in AAPL also!
LVS will make a billion dollars a year in their Singapore casino, and that's where people have to pay $100 to gamble for 24 hours. Or they can buy an annual pass to gamble for $2,000.
The payback on LVS' first casino in Macau was 9 months.
Sands ain't just Vegas, baby!
LVS, continues to be one of the easiest stocks to trade from the long side on the big board, as estimates are continually being raised.
Eventually, people will look out at earnings for 2012 and then give it a multiple of 40-60X and then look at today's stock price and say it is scheap.
And they'll have help.
Because the moronic, idiotic, 44 million shares that are short this name--well Mr. Market is calling for his Marker
And when the bad bet blows up in their face, you'll see faster and quicker highs, as Mr. Market starts giving LVS the multiple it deserves.
After all, shouldn't Sheldon get paid for building a casino in Singapore during the heart of the financial crisis??
So get paid with him!
Just like those who bet with Jobs on AAPL got paid!!
And keep the shorts underwater!!!
Because they never get out of their spreadsheets to get a real view on what makes a good investment!!
Posted by Palmoni at 7:41 PM