Wall Street Manna

An irreverent look at Wall Street

Monday, November 22, 2010

Las Vegas strip revenue

 I think some people (I don't know why) thought the Harrah's IPO would take some $ away from some of the gaming stocks, so LVS was pushed down, where I picked up the January 55s at $1.16. I flipped them today at $3.20, since I advertised that trade last week as a triple and you got it!! I still own the stock--that was just an option trade!

In reality, these stocks were just pushed down, because "they" needed them down, because of option expiration.

Here's strip revenue:


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