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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (26903)5/22/2007 9:31:48 PM
From: gcrispin  Read Replies (1) of 78621
 
FWIW, my single purchase was just under 15 on 3/12. I posted on 3/13 after my purchase.

Message 23365911

I agree with you that 19 would not be a good entry point. I still own the stock and its price action is somewhat akin to a yo-yo. I will look to add closer to the end of the second quarter when some funds might be selling. Some have questioned the location of the Crown Macau as it is twenty minutes away from the other casinos. But one has to drive past the casino if coming from the airport. MPEL is also building a large complex along the strip. I don't have a large position but plan to hold long term as I believe it's a growth story.
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